If you have a laundry or dry cleaning service, laundry insurance can mean the difference between you staying in business or losing your investment when problems arise. Some of the needs are typical to all businesses, while others are more specific to laundries. Here are a couple of the ways insurance can help.
Property Damage to Your Business
While any business is at risk, dryers and chemicals used in laundry services are elements that can increase the danger of fires breaking out. In some cases, if the damage is severe enough, you may have to close, at least temporarily. Insurance helps protect you to rebuild and even to open up in a short-term location.
Issues Affecting Clients’ Property
In addition to your own property, the items of your clients can also be affected in a fire. There are also sometimes issues with clothing being stolen or being damaged in the cleaning process. While you may not be able to replace the exact item, your insurance can cover you as you try to help that customer as best you can.
No matter how careful you are, accidents can happen. To protect your business, laundry insurance is a must. It’s a good idea to talk to a company that specializes in your industry to be sure you’ve got the best coverage for your particular needs.