When it comes to running a successful cleaning business, having the right insurance is essential. General liability insurance, commonly purchased by janitors and waitresses in Florida, can protect your business from expenses associated with common mishaps, such as damage and injury to customers' property. Cleaning insurance can help cover costs if a customer slips on a wet floor and suffers an injury, or if an employee steals property from a customer's home. Some customers may require proof of insurance before taking out insurance.
Cleaning company insurance is another form of financial protection for you. The insurance covers any injuries, health problems, or damage that occurs while cleaning the house. For example, if a house cleaner falls on your property, your property insurance may or may not cover the accident. Either way, the burden falls on you if the cleaning company you hired isn't insured and something happens. You could assume full financial responsibility for the accident and have to pay lost wages to the injured person. At the very least, your home insurance premiums may increase when you file a claim against your policy.
When you hire a cleaning company that is insured, these responsibilities fall on the cleaning company itself. Any claim is filed against the cleaning company's insurance, not yours. Every person you hire increases your liability insurance premium, but the coverage is worth it for your business. Your business insurance premiums are tax-deductible, since the IRS considers them part of the cost of running a business. Insured cleaning companies can get the highest rates and the deepest trust for good reason.
If you are an employer in the U. S., you must also pay for workers' compensation insurance, unemployment insurance, and state disability insurance. The checklist and workbook to get started will help you set up your home cleaning service business step by step without getting stuck or lost. Cleaning bonds are a type of bond that protects customers who clean the house if one of their employees steals their money or belongings. Insurers will find coverage that fits your house cleaning business, whether you're working independently or hiring employees.
Commercial supplemental insurance increases the limits of general liability insurance, commercial auto insurance and employer liability insurance policies for a home cleaning service. A Business Owners Policy (BOP) is an affordable way for house cleaning companies to co-purchase general liability coverage and commercial property insurance. So, if you bring your own cleaning equipment to work, you'll want to add personal business property (BPP) to your insurance package. At a minimum, your cleaning company or an independent cleaner must have liability and workers' compensation insurance so that they are responsible in case things go wrong while they are in your home. NEXT Insurance is a one-stop-shop that helps you get the cleaning company insurance you need to protect your business from accidents, injuries, legal expenses and damaged vehicles.
Supplemental insurance policies cover liabilities that exceed the limits of other policies in the commercial policy package, especially in the case of lawsuits against your company.
