Insurance for Cleaning Services
We shop for you! Compare rates from +10 top carriers
What Insurance Do Cleaning Services Need?
Workers Compensation covers your employees' medical costs and lost wages while recovering from a work-related injury or illness. The employee gives up the right to sue your company in return for receiving cash and benefits from Workers Compensation. In some states it’s mandatory for businesses!
Commercial Auto Insurance covers your cars, trucks, and vans used in your business. It covers the costs from vehicle damage in collisions, theft, vandalism and weather damage. It also covers medical expenses for to injured parties.
A Fiduciary Bond (or Surety Bond) protects a fiduciary - someone who is granted power over another person’s interests or assets via a will or contract - from being sued for alleged fraud, embezzlement, or dishonest acts.
General Liability Insurance protects your small business against claims of third-party bodily injury and property damage, reputational harm and advertising injury. It covers medical bills, repair costs & legal fees.
Commercial Property Insurance will provide coverage for your properties in case damage renders them impossible to rent or lease.
Covers your products, materials and equipment that are transported over land (truck or train), or while they're in a warehouse. If involved in a collision, mishandling or cargo theft, Inland Marine Insurance covers the transported goods.
Frequently Asked Questions
Why do I need insurance for my Cleaning Service?
Insurance is your business's safety net when the unexpected happens. Litigation is not uncommon and even if a lawsuit is wrong or frivolous, you will have to pay a lawyer to defend yourself and your business.
How much does it cost to get bonded for a Cleaning Business?
A bond provides a way to guarantee your contracts with your clients. A typical surety bond will cost around $100 per year for $10,000 coverage.
What does it mean to be bonded and insured?
In general 'bonded and insured' means that your cleaning business has taken the necessary measures to protect your company and the interests of your clients.
Being bonded means that your business has a Surety Bond. In this case, the insurance company pays your customer in case you can't fulfill your contractual obligation. Being insured in contrast usually means that your business has insurance coverage like General Liability.
Which insurance type will cover the cost when breaking something while cleaning?
General Liability insurance is coverage for claims of bodily injury and property damage caused by your business and its employees.
What risks could Cleaning Services face?
Buying insurance is necessary to protect your business from potential lawsuits, mistakes, and damage to customer’s property. Take a look at the many risks you need insurance protection for:
- Auto Accidents: The majority of your work is completed at a customer’s location which requires traveling. If you or your employees are involved in an auto accident your business can be held responsible for the damage to property and injuries inflicted on others.
- Damage to Customer’s Property: Every home is different, and some require unique maneuvering from room to room. What happens if an antique clock is knocked over or chemicals spill staining the carpet or upholstery? You will be expected to replace it.
- Employee Theft. Employee vetting procedures are not ironclad. It is possible to hire a new employee, send them on a job, only to receive a call from an angry customer with theft allegations.
- Employee Injury: Cleaning carpets and upholstery requires heavy lifting of equipment as well as a lot of kneeling and bending. When an employee moves the wrong way, they can end up seriously injured. Your business is responsible for any medical expenses and lost wages.
- Dissatisfied Customers: Even though you strive to deliver quality cleaning services every time, it is not always possible. Sometimes customers are not satisfied with the outcome and expect you to reimburse them.
There are more risks you need protection against including third party injuries, employment-related claims like discrimination, or allegations that your work caused serious damage to a home or business.