If you own a pressure washing company, it’s essential to have insurance to protect yourself and your clients from potential lawsuits, data breaches, slippery conditions, staff injuries, and other costly accidents. Pressure washing insurance is available via various channels, including direct sales from insurance companies, internet marketplaces, third-party brokers, and over-the-phone inquiries.
What is Pressure Washing Insurance?
Liability coverage and pressure washing insurance protect your company from lawsuits alleging harm, death, or property damage caused by cleaning activities. Damage to third parties’ property and harm to third parties’ bodies are covered.
It prevents the deterioration of walls, paint peeling off windows, stones falling off, and plants being pushed over. Additionally, it covers the washing activities that cause physical harm to other parties. To further safeguard your company from any losses, consider purchasing additional policies like cybersecurity and employee compensation insurance.
To stay in business, risk reduction is essential. This insurance protects you from the financial burden of covering costly repairs, serious injuries, and legal fees that may arise.
Insurance also helps in finalizing customer transactions. Customers may rest easy knowing that they can only do business with companies that have insurance.
Why Do I Need A Pressure Washing Insurance Policy?
There isn’t much of an adrenaline rush involved with pressure washing, and the job isn’t exactly the most daring, so why would you need insurance to cover it?
While pressure washing is generally safe, a few hazards come with it. You must safeguard yourself from financial dangers if you want your pressure-washing company to continue operating. Buying insurance for a small company is the best approach to doing it.
Also, you’ll need your pressure washing company insurance and a certificate of insurance to prove your coverage to most customers and partners.
Obtaining this kind of coverage protects your pressure washing company and yourself from financial hazards.
Because it safeguards everyone involved, it will also help you attract customers. You can get coverage with just a few clicks now that you know everything about power washing company insurance.
Pressure-washing Insurance Coverage
There are several types of pressure washing insurance. For your company’s sake, below are some necessary policies.
General Liability Insurance
Claims involving third-party injuries, client property damage, libel and slander, advertising lawsuits, and general liability coverage shield the company from financial ruin. For example, someone may trip over your pressure washer when you go to a client’s house. They may be sure their general liability insurance will cover medical expenses and missed income.
Business Contractors’ Errors and Omissions
Professional liability insurance shields policyholders against monetary damages caused by acts of carelessness, such as the accidental flooding of a client’s property. An employer’s liability insurance might cover defence expenses related to a carelessness claim in performing your duties, such as failing to meet a deadline.
Workers Compensation Insurance
This insurance is mandatory for both permanent and temporary employees in some states. Suppose an employee has an injury while on the job; it will cover their medical expenses and missed earnings. Workers’ compensation insurance helps pay for medical bills and missed income if an employee becomes sick from cleaning chemical exposure.
Cyber Liability Insurance
Insurance like this will pay for things like notifying customers and conducting investigations if your company suffers a data breach involving their personal information. The expense of data restoration in the event of a data breach might be covered by cyber liability insurance for your organization. If a company’s activities are halted because of a breach, this insurance will also cover that loss.
The liability coverage of this insurance often does not extend to asbestos or lead contamination. If there is any lead or asbestos pollution on the work site, the exclusion clause will be activated.
How much does Pressure Washing Insurance cost?
General liability insurance for pressure washing enterprises typically costs $121/day, $103/month, or $1,233/year. Some insurance allows you to pay simply for the time you work by offering policies by the job, month, or year.
How much will you pay for it? Pressure washing insurance may be dependent on the following;
The Duration Of The Policy
An hour may be the shortest time to get insurance for a one-time pressure washing job. Contrarily, getting insurance for an extended period may be more cost-effective if you schedule pressure washing tasks throughout the year.
Another consideration is the number of individuals your pressure washing company’s insurance will cover. Those who assist you in doing the pressure washing services, whether employees or volunteers, should be included in this list of covered persons. You might save a lot of money if you cover all your staff today.
You may add coverage for related businesses to many pressure-washing insurance plans. Exterior painting and chimney cleaning are two examples of comparable services that may be added to your coverage.
You may tailor your insurance to cover services you provide clients with this optional coverage. You may save money by expanding your insurance with this add-on instead of buying separate, generic policies for each service you provide.
Could you tell me whether you provide power cleaning and pressure washing? Ifcurs when pressure washing is done, your insurance occurse will cover the costs. Having an outside cleaning company comes with its fair share of dangers. If you own a professional cleaning company, having the appropriate insurance coverage is in your best interest.