 When you work in janitorial services, you know well that there are many risks in this business. Things like putting up signs to warn people about wet floors and teaching your janitorial agents how to deal with heavy objects in order not to be injured will help you to avoid any kind of accidents or damage to your property and of course will avoid you any small business lawsuits.
In order to protect your business financially, you need to have a janitorial services insurance policy. Of course the insurance policy depends on many factors like the business size, the risk exposures and other factors. The following examples will give you an idea about how everything works. 1. General Liability Insurance: This insurance policy protects you and your janitorial services business against many common liabilities like slip-and-fall injuries and damages of your property. Imagine that one of your clients slips down the stairs because you forget to put up a caution sign. This kind of accidents like leads to about seven-figure lawsuit. Fortunately, General Liability Insurance policies can cover any legal expenses which include the fees of the lawyer and any kind of settlements or judgments. The Following numbers are the average for this coverage. • Median Policy Premium: from 384 to 790 dollars. • Median Policy Limit: about 2 million dollars. • Median Policy Deductible: None. 2. Commercial Property Insurance: This insurance policy covers the costs of repairing or replacing janitorial equipment which has been damaged or lost because of fire, theft, vandalism, or any other event that is covered by the insurance policy. Janitorial services agencies must consider adding a SPICE endorsement to their policy. That is because it offers protection of business income when client premises can't be serviced. The Following numbers are the average for this coverage. • Median Policy Premium: the best number is 388 dollars nowadays. • Median Policy Limit: It varies. • Median Policy Deductible: it varies. 3. Business Owner's Policy: This insurance policy is designed for janitors who want to save a little amount of money on their insurance policy; a Business Owner's Policy is the best for these people. This insurance policy combines between General Liability and Property Insurance together but at a reduced annual rate. It's only available to small businesses with low risks like janitorial services. The Following numbers are the average for this coverage. • Median Policy Premium: from 767 to 1,309 dollars. • Median Policy Limit: 2 million dollars. • Median Policy Deductible: 500 dollars. 4. Workers' Compensation Insurance: Laws of almost everywhere usually order janitorial agents to have Workers' Compensation Insurance. It is essential when janitorial agents suffer from workplace injuries or accidents. This insurance policy covers medical bills, replacement wages, and any kind of legal expenses in a lawsuit. Imagine that, an agent falls off a ladder while he was changing light bulbs. This insurance policy can protect your janitorial services business from paying thousands of dollars on medical bills out of your pocket. The Following numbers are the average for this coverage. • Median Policy Premium: from 1,703 to 3,686 dollars. • Median Policy Limit: 500,000 dollars. • Median Policy Deductible: None.  Insurance is essential for carpet cleaning services to protect the workplace, the equipment, the properties of the clients and your employees. This guide will help you to have the right insurance policy to protect your agency completely. Let’s see the different types of insurance policies regarding carpet cleaning services.
1. General Liability Insurance: This policy will save your agency in three situations. •This insurance policy is called “the slip and flip insurance policy”. Let’s imagine that a client of yours slipped on your floor, he/she may file a case against your agency especially if he/she is injured badly. This insurance policy will help you in this situation as it covers the third party body injuries of your clients. • Anther situation that the insurance policy will save it is when one of your employees makes a mistake that lead to damage of a property; the insurance policy will cover the mistake. This situation is so common among carpet cleaning agents and janitorial services so this policy is essential for those two services. • If the marketing employees of your agency made an offensive marketing about your competitors and your competitors decided to file a case, the insurance policy would cover this mistake. 2. Property Insurance Policy: You will buy a lot of equipment like vacuum cleaners, chemical products, protective equipment and many other tools and items. Your equipment will cost you a lot of money so protect your equipment and buy this insurance policy. This policy will pay you in cases of fires, theft, floods and other weather disasters. 3. Workers' Compensation Insurance: You will hire a lot of employees over time. You may start your business with 2 agents and end with over 100 agents to keep your business running with complete availability, high speed and best quality. Injuries in cleaning agencies are common as they deal with dangerous materials. The most common injuries are those that happen in carpet cleaning agents and janitorial services. The most common diseases are those that happen among water damage restoration services agents and fire damage restoration services agents especially skin and respiratory diseases. It is your responsibility to take care of your agents and pay their medical pills. This policy will cover any medical case of any of your employees. Most countries will not give you a business license unless you have Workers' Compensation Insurance. 4. Surety Bond: It is essential for the cleaning services to have this policy. It offers the following benefits: • It sends a message to your clients that if your agency does not meet their needs, they will have their money back. • It will make your agency special and gain more clients as most of agencies forget to have this policy. • Major corporations require it before making a contract with your agency. This guide is provided to you by Always Preferred Restoration to help you figure out the best insurance policy for your business and guarantee that you will be able to have coverage for any kind of problems you may have.  Always Preferred Restoration provides the people of Montana with this guide to help them to figure out what to do after fire damage regarding insurance.
You pay the insurance company a lot to save you in disasters like fire damages. Insurance policies are not that simple and they need a lot of research for all kinds of information regarding every single detail in the policy. The fire damage is included as a main point in home insurance policies. You will pay a lot to cover this point so what information do you need to now regarding it that you may not be completely aware of? Let’s find out some facts about fire damages in insurance policies. 1. What after the fire damage? There are two main points here; water damage and theft. • The fight fighters will use a huge amount of water to control the fire. This huge amount of water will cause a lot of damage too to your proprieties. You need to make sure that the insurance company will pay for everything whether it is destroyed by fire or by water. • The first action you must do after controlling the fire is to search for any valuable properties that are not damaged by the fire then you should call a carpentry agency or your insurance company and make them send carpenters. The carpenters will try to fix the doors and windows or replace them to protect the rest of your valuable items against theft. Your property is the main target of thieves in your neighborhood after the fire damage. 2. What insurance policy should you choose? There are two types of home insurance policies regarding fire damages; standard home insurance and dwelling fire coverage. • Standard home insurance policy: This policy will cover everything in your place. All your belongings and furniture are under the coverage. Of course, it is more expensive. Mortgage lenders ask for this kind of policy too. It also includes personal liability insurance. • Dwelling fire coverage: This one is less expensive but it will cover only your place without your proprieties. It is the best if you don’t have so valuable properties. It covers your garage and storage but it will not provide you with personal liability insurance. 3. The restoration process: You insurance policy should cover all the expenses until your home becomes as it was before the fire. You should make sure of the following point. • Mold: a lot of water will be pumped to control the fire. You should make sure that all this water is gone not to develop any mold in the walls. Check the basement and the garage well. • The soot and the odor may be terrible and stay for a while. The cleaning services should repeat the cleaning process several times before your family becomes able to stay at it again. • Check that everything is back as it was. If every room had an air conditioner, then you should have an air conditioner in every room after the restoration process. The insurance policy should pay for everything under the coverage.  Always Preferred, the famous water damage restoration business in Montana, offers its customers and the people of Montana this guide in order to make them understand well the relation between insurance policies and water damage. Insurance is what will guarantee that your properties will be covered in case you suffered from an accident. Water damage insurance policies are not as simple as they may appear; that is why this guide will tell you specific information about water damage insurance policies.
1. Water Damage Policies and Flood Damage Policies are Different: Not all damages caused by water are the same. Water damages made by floods are different from any other type of water damages. • Flood damages are not covered by regular insurance policies. They are specific policies tailored for floods. The flood damages insurance policies are called the National Flood Insurance Policy (NFIP) and they are offered to the people who live in areas that may experience the risk of floods. • The flood damages insurance policies cover the damages completely. It is not like the policies that cover damages like bursting pipes or leaking roof. 2. Some Damages are Not Covered At All: There are some situations where the insurance policies do not work. If the damage is because you didn’t maintain your property well and the company may use this against you to avoid paying for the damages. If you noticed any kind of damages, just fix it as soon as possible to avoid further damages. Note that the insurance company sends experts to examine your damages so they will find out any kind of tricks you may play. 3. Water Pollution Levels: There are 3 levels of water pollution. • The first level which is the damage because of clean water resources. It is the easiest level to be repaired because the water is not contaminated. • The second level is when the water is contaminated. Fresh water contaminates after a while and may cause diseases. • The third level is when the water is highly contaminated. The sources may be already contaminated or when fresh water stays for longer time. This water is considered a bio hazard that needs immediate action. The levels of water pollution are important because according to them, the time and the price of water damage restoration services will be determined and subsequently the amount of money that the insurance company may pay. |
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June 2018
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