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In general, cleaning services are not licensed by governmental entities. Therefore, there will usually not be a state mandate for insurance.
That said, it is often helpful for marketing of your business to have insurance. This is because the customer has a level of assurance that they have a source of recovery in case something gets broken or is found to be missing as a result of your visit to perform services.
Without insurance, if the breakage or disappearance is found to be your fault, you will be personally responsible for the payment of damages to the customer. "Damages" is usually measured by the value of the item as of the time of the occurrence.
There are a number of insurance coverages that would be useful:
1. General liability: In general, this covers a wide range of losses that may be your fault. Some include damage to person or property as a result of your operations. In purchasing this kind of insurance, it is important to understand what constitutes an "occurrence" as defined in the policy. This is because only an "occurrence" triggers coverage by the policy. The insurance agent from whom you buy the policy should be able to explain it. This is not a kind of policy that you should try to buy yourself without the aid of an experienced agent.
2. Fidelity bond: A "bond" is similar, but has some differences from insurance. For our purposes, they are similar enough to be discussed together. A fidelity bond can be useful if you are left in a home alone to do your work and one or more items are found missing when you leave. One of the significant differences between this and insurance is that a bond often requires you to repay the bonding company if it is required to pay the costomer for the loss.
3. In all event, it is critical that you deal only with an authorized insurer. That is, you have to ensure that the insurer is legitimate and not a scam. One of the ways to identify a legitimate insurer is by contacting the insurance regulator in your state to make sure that the company is licensed to sell insurance in your state. If it is, you have some assurance of financial stability to pay claims.
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What type of insurance is needed for floor cleaning business?
Commercial General Liability Insurance.
Where can you get liability insurance for a partnership cleaning business in Missouri?
Contact a good agent, they will be able to assist you with this, if they do not sell the type of insurance you require they will more than likely know an agent that does.
Business Liability Insurance ?
form_title=Business Liability Insurance form_header=Protect your business with the right business liability insurance for your needs. What is the annual revenue of your company?=_ Does your company currently have insurance coverage?= () Yes () No What type of business liability insurance do you need? (Check all that apply)= [] General Liability [] Workers Compensation [] Business Owners Policy (BOP) [] Property [] Professional Liability [] Business Travel [] Business Automobile
How do you start a business cleaning out repossessed and foreclosed homes?
You will need to do everything that is involved with starting a normal business. (ie. business license, insurance) There is a good website I found that teaches how to start a foreclosure cleaning business, they have training guides, marketing guides, and bank contacts. It will teach you how to get the foreclosure cleaning contracts from the banks and reo agents plus they give you the direct bank contacts. Here's there website: http://www.listbankrepos.com Banks call your type of business, a Property Preservation Business, I would highly recommend joining the #1 Property Preservation Directory, you will also get alot of business from there, we do, http://www.propertypreservationdirectory.com Good luck with you new business!
Is business interruption insurance a good insurance company?
"Business Interruption Insurance is not an insurance company. It is a type of insurance that protects a business in case of an interruption such as machinery malfunction, power outage, or other reason that may cause the business to be interrupted temporarily."
What type of insurance is needed for floor cleaning business?
Commercial General Liability Insurance.
What type of insurance do you need to own a cleaning service in North Carolina?
house insurance
What type of training do I need to open my own auto insurance business?
You will need an insurance license and the associated traiing to open an auto insurance business
Expert system applied in insurance evaluation these expert system applied in business organization and discuss it components function and process?
i operate a cleaning business and need some type of libility insurance to cover and error caused by myself or my employees what would that cost me monthly?
I am thinking about starting a small business doing cleaning jobs for people and businesses. Will I need a license or some kind of insurance to do it?
You should check with your town or county to find out if you need a license for this type of business, as the laws vary. It would be very wise to obtain some type of liability insurance to cover you in case damage or injury occurs as a result of any of the tasks you perform.
Where can you get liability insurance for a partnership cleaning business in Missouri?
Contact a good agent, they will be able to assist you with this, if they do not sell the type of insurance you require they will more than likely know an agent that does.
What type of insurance do you need in SC run a cleaning business?
It often depends on the amount of insurance that your customers are requiring. Most of the time they want to see at least $100,000 in liability and if you are doing commercial jobs then $1,000,000. Contact an agent in your area, they will be able to advise you.
Information about Property and liability insurance?
Insurance definitions found on the web can explain property and liability insurance more in detail. However the type of business you have will tell you what type of coverage you will need.
Business Liability Insurance ?
form_title=Business Liability Insurance form_header=Protect your business with the right business liability insurance for your needs. What is the annual revenue of your company?=_ Does your company currently have insurance coverage?= () Yes () No What type of business liability insurance do you need? (Check all that apply)= [] General Liability [] Workers Compensation [] Business Owners Policy (BOP) [] Property [] Professional Liability [] Business Travel [] Business Automobile
Cleaning Business?
Cleaning business should be taken care of properly. There is always a need for better customer satisfaction, quality techniques, new equipment etc. ProTeam Cleaning Services provide high level cleaning services such as Exterior Cleaning, Residential Cleaning, Commercial Cleaning, Window Cleaning, Driveway & Patio Cleaning, Decking Cleaning, etc.
What type of business insurance is required for a beer distributor?
If one is looking for business insurance for a beer distributor it is required to have beverage wholesaler insurance. This type of insurance would cover things such as property and sign coverage, equipment breakdown insurance and business income insurance.
What type of insurance do you need for a cleaning business in TN?
Bonding, Employee dishonesty, lock and key coverage, general liability, work comp if you have employees, commercial auto if you frequently use a vehicle to go from location to location. Should be $2K-3k in start up insurance costs including the auto.
