If you work in the dry cleaning industry, you need to ensure that you are well prepared for any problems that may arise during your career. Having the right insurance is crucial to the satisfaction of your customers and the success of your business. To determine which types of coverage you need as a dry cleaning business owner, read the following tips.
Business Property Insurance
Business property insurance covers the various types of equipment in your business. These may include:
Commercial washers & dryers
Property insurance can pay for repairing or replacing any items that have been damaged. Whether your business is impacted by a fire or a flood, it’s vital to have the resulting costs covered in order to keep everything running smoothly.
General Liability Insurance
General liability insurance covers many different types of risks. It can pay for the resulting damage associated with accidents that take place on your property, as well as any harm or injury that may be caused by the services or products you provide. This type of coverage is included in linen supply insurance, as described on https://www.iwains.com.
Equipment Breakdown Coverage
No matter what type of dry cleaning business you own, having equipment breakdown coverage is a must. If you can’t cover the costs of damaged equipment, your entire business is at risk. Be sure to look into the equipment breakdown insurance that meets your needs.