So, you’ve got Public Liability cover… Is that enough?
Whilst most cleaning jobs are straightforward, and things generally go smoothly – sometimes things can go wrong, and you could accidentally break or damage your client’s property.
Thankfully, most cleaners come prepared with Public Liability insurance*, which covers you if a third-party claim that your negligent business activities caused them injury, property damage or personal injury (not covered by the ACC).
From slips, trips and spills to knocking over your client’s priceless vase, Public Liability insurance* is designed to protect cleaning businesses from a variety of risks – but not everything.
There are some risks that many cleaning businesses leave unprotected against and are vulnerable to if a claim were to arise.
These are mainly risks around your tools of trade. For example, how would you cope if your cleaning equipment was damaged or stolen? Your equipment is essential to running your cleaning company. Without it your business would cease to function and the cost of repairing or replacing your equipment could put you under financial stress.
This is where Portable Equipment insurance* can be important. Also known as General Property insurance, Portable Equipment insurance can cover you for damage to your contents and stock, due to fire and other perils listed within the policy wording.
Both Portable Equipment insurance* and Public Liability insurance* can be found within a Business Insurance Pack*. An insurance package is designed to provide cover for your business contents, stock, tools and commercial premises when an insured event occurs (such as fire, storm, theft or even accidental damage).
While not every type of cover is suitable for cleaning professionals, it’s important to consider what risks threaten your business and see whether there is a suitable insurance policy that offers protection for your business needs.
Many cleaning businesses only opt for the most basic cover, which includes Public Liability insurance. But before you renew your policy this year, you may want to ask yourself what are the different risks your business is exposed to, for example, ‘what would happen if my tools were stolen?’
After assessing your risk, the next step is to get the protection you need. While there are many perks to running your own cleaning business, overseeing everything can get quite dramatic. Luckily with BizCover, business insurance doesn’t have to be and switching your policy could save you money.
Sue, a professional cleaner near Rotorua, saved $78 per month on her Business Insurance Pack when she switched through BizCover.**
This is a real example of a cleaning professional saving money while still considering their risk appetite for their business. It’s a win-win.
* This information is general only and does not take into account your objectives, financial situation or needs. It should not be relied upon as advice. As with any insurance, cover will be subject to the terms, conditions and exclusions contained in the policy wording. © 2022 BizCover Pty Limited, all rights reserved. Public Liability Insurance is a trading name of BizCover Limited. BizCover Limited is owned by BizCover Pty Ltd (ABN 68 127 707 975)
** Savings made in [OCTOBER 2021]. This information is provided as a guide only and may not reflect pricing for your particular business, as individual underwriting criteria will apply
