Insurance for linen services should include these coverage options:
Why Do You Need Insurance for Linen Services?
You’ve got what it takes to run a successful linen services business, from the suppliers to the staff. You deliver laundered linens for your customers on time, pressed and ready to go. It doesn’t always go to plan, though. Your professional linen laundering equipment or computer could get stolen. You could have a break room fire. A customer could slip and fall in your entryway. Can your linen services company withstand the potential risk from those types of incidents?
Those are just a few unexpected events that can happen in the business. Keep your machines humming with solid business insurance coverage. Insurance for linen services from B2Z Insurance can reduce your costs for liability and other property claims, as well as the financial support needed to repair or replace your equipment if your operation is impacted by theft or fire.
What Linen Services Business Insurance Coverage Do You Need?
Workers’ Compensation Insurance.
Linen services businesses are included in the type of companies most states require to have workers’ comp insurance. If you have part-time or full-time employees, it is imperative to consider the high cost of on-the-job employee injuries and illnesses sustained due to the job. It makes sense to have Workers’ Compensation coverage for your linen laundering business. This coverage helps with your business with impending employee medical bills, employee lost wages, and legal fees related to employee lawsuits.
Business Owner’s Policy (BOP).
Linen services businesses benefit from having a Business Owner’s Policy (BOP). This insurance is a convenient policy that combines general liability and property damage coverage—an affordable route for comprehensive coverage for your linen services business. A BOP generally extends to property damage, including the loss of your location’s contents from catastrophic events like an equipment fire; and it may help ease financial obligations following a liability incident, such as a linen services customer slip-and-fall accident.