When it comes to determining whether your cleaning business is in need of insurance protection, you simply need to work out the different health and safety regulations that apply to your specific operation. There are two common types of insurance plans that are applicable to cleaning companies, and both should be put in place in order to safeguard yourself in the most effective way.
This is most prevalent in the capital since its souring population levels and towering architecture has seen a greater need for cleaning insurance London packages to be made available. For the time being, you need to focus your attention on both public liability insurance and employer’s liability insurance, which have both been explained in greater detail below.
What Is Public Liability Insurance?
This isn’t necessarily a legal obligation, but this can often prove to be highly important for a number of new or established cleaning companies. This is the sure fire way to ensure you can provide compensation in the rare occurrence that either your clients or the general public become injured as a result of the cleaning techniques that you use.
It is often the case that people are under the assumption that accidents are never going to take place if you follow standard procedure. However, this is far from the truth, since life has unexpected ways of throwing curve balls into the mix.
Most cleaning companies have been entrusted to work within the confines of someone’s home, so you will need to make sure you have the required policy extension in place so you are covered in the event of the following: damage to any property, failing to secure a property, and any relevant legal costs.
What Is The Cost For Pubic Liability Insurance?
This cost for public liability insurance really depends on the size of your business and how many components you need to be protected. The starting limit in most cases is typically £1 million, with further options being provided on certain parameters you work with, such as the size and value of the establishments you are operating within.
If you work with clients that are based in local authorities such as schools and hospitals, they may require you to have an even higher limit in place before they are happy to sign away any sort of contract. You also need to understand that previous claims will always be taken into consideration since calculations are going to be made based on risk as well as your company credit score.
What Is Employer’s Liability Insurance?
Unlike liability insurance, this type of protection is required to be put in place by the law. If you have an operation that employs a great number of staff members, you need to make sure they are working within environments that have implemented the right insurance policies.
You must also make sure that your employer’s liability insurance is displayed at all times, ensuring that all your colleagues are able to read it easily. If you don’t display your certification then there is a possibility that your company could incur a fine of £1,000 from the Health & Safety Executive.
It doesn’t matter what experience levels your employees have, you need to make sure they are suitably protected when they are working for your cleaning company. So whether you employ seasoned professionals, casual workers, or temporary interns, the same protection is applicable for every individual.
Don’t Forget To Insure Your Tools
Aside from the colleagues you have working for your cleaning business, you also need to ensure your tools and equipment has been suitably protected. This means that you can rest assured that you have taken positive measures needed to safeguard against both theft and accidental damage to anything you work with.
You can of course replace the most common items that you operate with, but making sure you have covered yourself for more expensive pieces of equipment is going to give you greater peace of mind when you are working. Unless you protect yourself, a major incident could end up costing your company a vast amount of money.
How Do I Make The Right Choice?
As we have already mentioned, you just need to outline what and who you are working with on a daily basis. A lot of cleaning companies provide very specific services, which means finding suitable solutions that tailor towards your needs is going to have the best impact in the long-run.
It’s quite clear that insurance is one of the most important aspects behind any successful cleaning company. Unless you have properly protected yourself in the rare cases that people are hurt or buildings are damaged, you could experience severe financial ordeals with your business.