As a business owner, you need to protect your livelihood at all costs. One of the best ways to do this is through insurance. Here are five of the ways business insurance will help to protect your cleaning business.
Protects You Against Accidental Damage
As a cleaner, there are many times accidental damage may occur. It could be something as simple as using the wrong type of fabric cleaner on a delicate material or accidentally smashing a priceless and much-loved vase. Such situations could result in a claim against you to replace the item you damaged.
If you have a roster of high-end customers, this might be particularly difficult. Being asked to replace a $10,000 couch because you accidentally stained it would eat into anyone’s profits.
Protects You Against Liability
A liability insurance policy will be one of the most important parts of your wider cover. This important policy protects you against accidents that you could be considered liable for. For example, if a client injures themselves by slipping on a floor you have just mopped, they may make a claim for you to cover their medical bills. Such bills can be pricy but your cleaning business insurance should have a liability clause to protect you.
Protects You Against Slander
Everyone loves a gossip, especially if the nature of that gossip is about an unruly client. People can so frequently forget that the people cleaning their home or office do indeed hear everything they say.
While you may have a guarded tongue, your employees might not be so restrained. All it takes is a few words in the wrong place and you could have a furious client threatening to sue you for slander. This is where your business insurance could save you; covering your legal fees and potentially a payout to the customer if the legal battle goes their way.
Protects Your Equipment
Your business will use a lot of equipment. From the basic cleaning products to larger machines like carpet cleaners, to potentially branded vans for employees, there are many things which belong to you and the business.
You need to ensure that you have adequate insurance to protect you against theft or accidental damage, by one of these valuable pieces of equipment. Here’s a helpful site to learn about buy-sell and key man life insurance for business owners. Such cover should also include some sort of replacement clauses so you are always able to replace anything no matter how expensive it may be. Without a certain piece of equipment, you may have to cut a service, which could potentially majorly impact upon your business and livelihood.
Protects You Against Advertising Errors
You frequently take pictures of before and after projects to build up your portfolio. However, when making up a new advertisement with said pictures, you forget to ask the client’s permission to use images of their home. They then sue you for not asking permission. Cleaners insurance can help you here with legal aid and a payout if necessary. It is crucial that you are able to protect yourself from sudden, unseen costs.
These are just some of the ways cleaning business insurance can help your company. Don’t let unforeseen circumstances impact on your livelihood and make sure that you are properly insured today!