When starting a new business venture, looking into insurance policies should be high on your priority list. Laundromat and dry cleaner businesses are no exception; you want coverage for several types of damages that can occur in the dry-cleaning industry.
Why Make Dry-Cleaners Insurance a Priority?
With the help of a professional insurance agency, you can tackle insurance with confidence. Without insurance, your company might be liable for a variety of damages, such as bailee damages. Without a bailee insurance policy, any items which your business holds for storage or repair are not protected. This means that if they’re damaged in your care, it’s possible that you will have to pay for the cost of repair or replacement. The same goes for equipment breakdown. Without a proper insurance policy, you might be held accountable for the cost of replacing your dry-cleaning units and other equipment on site.
Fabricare can cover different types of damages depending on the insurance company. It’s important to do your research based on the needs of your business. The experts at Irving Weber Associates explain a few potential types of coverage to consider:
- Business interruption
- Commercial property
- Pollution liability
With the aid of dry-cleaners insurance, you can rest assured that your business is protected and in good hands.