Whether you own one dry cleaning or self-serve laundromat or several, it’s critical that your laundry business is protected with the proper insurance program. Laundromat Insurance gives you peace of mind that you, your employees and the business you work so hard to sustain are protected from claims that have the potential to close your business. We offer custom Laundromat and Dry Cleaning Insurance tailored for the industry, including General Liability, Business Auto, Property, Worker’s Compensation and more.
General Liability Insurance is a must for Laundromats given the relatively high potential for risk of injury to customers. All businesses have inherent risks, but the water and electrical equipment increase the scenarios possible for accidents. Spills and wet floors are common in laundromats. If a customer or other visitor were to slip and fall they could suffer a serious injury. General Liability covers the medical costs of the injured person, and your legal defense costs if they sue for damages. General Liability is a comprehensive covers most hazards as long as they are not listed as a specific exclusion on your policy.
Business auto risks should be low for laundromats and dry cleaners, unless your business offers delivery service. Business auto liability usually results from employees who run an occasional errand. We offer Business Auto policies for personal and business-owned vehicles. It’s important to remember that your personal auto policy may not cover claims made while driving for business purposes.
Accidents can happen anywhere, and workplace accidents are common. Attendants employed by the laundry self-service center will be at particular risk of slipping and falling on wet floors or accidents involving the cleaning appliances. Employees of dry cleaning establishments are at risk from the chemicals used in the cleaning process.
Fire and water damage risks are significant for laundry self-service businesses. Faulty electrical wiring, plumbing leaks or washing machine overflow, chemical combustion, catastrophic weather, and vandalism can all result in property damage. Laundromats and dry cleaners typically have a lot of cash on the premises, which raises the threat of robbery and damage to the coin machines. A dryer could overheat, causing a fire, which in turn could activate the sprinkler system resulting in both fire and water damage. Property insurance covers repairs to the damaged building and replacement of equipment and other contents in the building, including customers’ belongings.
Crime insurance covers theft money or goods by employees. Cash may be stolen from the change machine or from the coin boxes located on the washing machines and dryers in laundromats. Dry cleaning employees can steal the property customers bring in for cleaning and from cash from the register. And bookkeepers and other employees can embezzle funds.