Insurance for Cleaning Services

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.

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.

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.

General Liability insurance is coverage for claims of bodily injury and property damage caused by your business and its employees.

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.