Home Cleaning Insurance Business Tips
Purchasing insurance for a home clean operation can be intimidating especially when one doesn't know the options for the best ways to save. While risks are a part of life that is unavoidable, having the best protection will provide the opportunity for the greatest success. Here are four important tips for any cleaning service company that will aid with finding opportunities to better understand business insurance.
Insurance Advice for Cleaning Services
1.Know what insurance coverage the cleaning service needs: Every businesses needs are unique to their exposure to loss. Trying to have an insurance quote priced similarly to a cleaning business that operates differently may be a poor decision. How do employees travel? How many people are currently employed?
An insurance company should compose a policy specific to the coverage needs for the type of business, and type of work being performed, but general cleaning business insurance coverage can include:
Personal Property Coverage
Employee Dishonesty/ Crime Coverage
General Liability Insurance
Employee Benefits Liability Insurance
Umbrella Liability Insurance
Hired and Nonownership Auto Coverage
Workers Compensation Insurance
These insurance coverages are basic suggestions and likely necessities for the success of most cleaning businesses. Speaking with an agent will bring clarification to what coverages and how much protection will be needed. Every cleaning service business is unique in their needs.
2.Educate the cleaning staff on procedures and practices: One way many cleaning companies find savings is by properly training their cleaning staff. Proper training can reduce the number of accidents, claims and damages caused in a home. Establishing a cleaning business with the proper training in place benefits business reputation and can mean a lower insurance quote.
3.Learn how to save on current insurance premiums: Insurance is an expense that is necessary and it may help to understand how the pricing is set, enabling one to work with an agent to find ways to lower the cost of coverage.
The best ways to continually save on insurance is by working closely with an independent insurance agent who understands the business operation and how the insurance underwriting process works. An agent who can provide a personal relationship with clients can also provide valuable advice to minimize risks and prices.
4.Shop for the best house cleaning insurance available: The best advice is to shop around for coverage. Be aware of how some carriers may have lowered or raised their prices. An independent insurance agency allows for a perspective that will likely give access to the best rates and coverages for a particular companys unique insurance needs. It is important to find the most competitive price and best agent to handle any and all insurance needs.