When you start a business, there are many cost factors to consider, such as how much to charge, how to market your company to potential clients, the type of equipment to purchase, and much more. One cost that business owners can be on the fence about is house cleaning insurance.
Is coverage really necessary if you carefully run your business? Absolutely.
While you may be careful running your business, there are outside variables that could put a damper on your finances and can cause strain. Learn how house cleaning insurance can be an asset to your business strategy below.
Financially Safeguards Your Business
House cleaning insurance can be your financial safety net if your business faces a third-party claim.
Here’s what can happen on the job:
- Bodily Injury: Let’s say you are cleaning the kitchen and you set your cleaning tote near the entrance. Your client doesn’t notice the tote in the path and sprains their ankle.
- Property Damage: You’re working away and vacuuming the last room in the house before you leave for the day. Unfortunately, the vacuum cord gets caught on a piece of furniture and knocks over an expensive vase.
Unfortunately, these types of instances can lead to a lawsuit and you may face a great deal of financial strain, such as lawyer’s fees, filing fees, expert witness fees, and more. Depending on the type of claim, house cleaning insurance can respond to a lawsuit and alleviate the costs you are legally liable to pay out.
Coverage Can Help With Gaining Clients
By carrying insurance, you show people that you are a responsible business owner and are aware of the risks the job entails. If an accident happens on the job, house cleaning insurance is designed to help out in the incidents and may help you maintain a professional relationship with your clients. Insurance Canopy customers have access to a digital version of their insurance certificate and can easily show potential clients proof of coverage. We also offer an online insurance badge that can be featured on websites and it shows site visitors that you’re insured.
House Cleaning Insurance May Be Required
Depending on your state’s business requirements, you may be required to obtain general liability and house cleaning insurance can fulfill that requirement. Even if your state doesn’t require insurance to operate, carrying coverage can be an added layer of protection to your risk management strategy and give you peace of mind.
House Cleaning Insurance From Canopy
- Available in all 50 states
- Optional inland marine starting at $40
- Included coverages
- General liability coverage
- Products & completed operations coverage
- Personal & advertising injury coverage
- Damage to rented premises coverage
- Medical expense coverage
Whether you have been in the business for years or you are just getting started, it’s important to differentiate yourself among competitors. Not only does insurance safeguard your business from risks you face every day on the job, but it can help you stand out from competitors who don’t have insurance and shows clients they are working with a true professional.
Medical Expense Coverage
It’s every business owner’s nightmare to face a lawsuit. There are so many unknown factors and a legal battle can be financially straining. While you can’t control outside variables, you can control how to prepare for an accident by carrying house cleaning insurance and even offer to pay for your client’s medical bills. This professional gesture may soften the blow and keep the client from taking you to court.
House cleaning insurance includes medical expense coverage at no extra cost.
Inland Marine Coverage
One of the nice things about owning a house cleaning business is that you never know where the job will take you. You could be cleaning a townhome in the morning and a residential family home in the evening. Your job requires you to transport your supplies and equipment to many places.
What is inland marine coverage?
Inland marine coverage (also referred to as equipment coverage) can cover materials being transported over land or being stored in an off-site location. You want to keep in mind that inland marine coverage will not cover property at a fixed location (like in a building), your vehicle (the policy only covers items in transport), and transport over water (only designed to cover items transported over land).
Insurance Canopy customers can include inland marine to their house cleaning insurance policies starting at $40.
How much does cleaning insurance cost?
Every house cleaning business is different. The cost will depend on a variety of factors, such as employees, the business size, and additional coverages, such as inland marine and workers compensation. Luckily for you, you don’t have to wait around for a quote. With the help of our online application, you can find out how much your insurance will cost for your business and even buy a policy today.
Insurance Canopy Benefits
- New! Monthly Payments: We got you covered if you can’t pay the entire cost up front. You can get house cleaning insurance starting at $26.67/month.
- Digital proof of insurance: You never have to worry about forgetting your insurance card at home because you can access your certificate at any time online and get to work.
- Instant coverage: As soon as your purchase goes through our online checkout, your business is officially insured and you’re ready to go!
- No shared aggregate limit: We understand that businesses face unique needs and include a $2 million dollar aggregate limit for each house cleaning insurance policyholder.
The Wrap Up
You could spend your time getting wrapped up in what could go wrong instead of focusing on what can go right for your business. House cleaning insurance is designed to pick up the pieces if your business goes through a third-party claim, such as a lawsuit. Keep in mind that protecting your business with house cleaning insurance can give you peace of mind. Even the most experienced cleaners can go through a claim but the proactive business owners carry insurance.