Dry Cleaners and the Need for Insurance Coverage

Irving Weber Associates

Dry cleaning services take big risks to operate. While most know that they need standard business insurance, you may not realize that you’re more likely to need insurance that specializes in dry cleaning services, such as coverage from Irving Weber Associates.

Dry Cleaning Business Risks

While there are always some risks that are the same from business to business, there are specific risks involved with dry cleaning. It’s important to have a carrier that understands that. Some of the risks are as follows:

  • Fires due to chemicals and dryers
  • Theft and vandalism concerns
  • Equipment breakdown
  • Slips and falls on wet floors
  • Floods or power outages
  • Electrical problems

With the different risks, you need to think about the variety of coverages that are out there to choose from.

Dry Cleaning Insurance Types

Here are some of the coverages offered by insurance carriers like Irving Weber Associates:

  • Business interruption insurance
  • Commercial liability insurance
  • Equipment breakdown insurance

Most of these coverages will cover you in case of accidents, disasters or even in the case of theft. There are also coverages that will specifically handle employees and workers’ compensation.

As with any business, there are always risks involved when it comes to opening up a dry cleaning service. The most important part is to use insurance to stay protected.