Small cleaning business insurance?

If you plan on employees other than family . . you would need worker's comp . . and if you are going to take on commercial accounts . . you will need liability insurance in fairly high limits such as $1 million . . so just do comparative shopping.

There are 2 methods to seem at this: from an agent's factor of view - of direction you want coverage if somoene attempts to sue you, however then it is too overdue to shop for it and from a trade factor of view: The price of coverage and bonding this kind of small trade, goes to tremendously outweigh your revenue produced via this trade. Most small cleansing firms I've identified approximately, paintings uninsured. Bonding is an honesty factor, and you would ought to pay again the bonding organization, ANYWAY. Most small housecleaning firms run below the desk - no taxes, no coverage. Some are over the desk, nonetheless uninsured, and the owner is simply cautious to preserve all resources out in their identify (making them comfortably judgement evidence - cannot get blood from a stone!). Still others, run the trade as an LLC, to look after themselves (however technically this makes them discipline to employees comp legislation). Bottom line - it is a chance to head with out coverage, and simplest YOU could make the resolution if it is valuable or no longer.