How Much Does Insurance Cost For A Small Cleaning Business?

Janitorial insurance costs range from about $375 to $3,500 per year, depending on coverage needs.

Small cleaning businesses might pay $750 to $1,300 each year if they only require a business owner’s policy.

What type of insurance do I need for a cleaning business?

Typically, maid, janitorial, and cleaning services businesses will want to carry the following types of insurance: General Liability Insurance. Property Insurance / Business Owner’s Policy (BOP). Workers’ Compensation Insurance.

Do I need insurance for my cleaning business?

General liability insurance is generally not a legal requirement for cleaning professionals—but it’s always a good idea. If you have employees, or own a vehicle associated with your business, you’re probably required to have workers compensation or commercial auto insurance.

How much is commercial cleaning insurance?

Commercial Cleaners Insurance Average Costs

Most general liability insurance policies cost $1,000 or less for a year of coverage. A $1 million policy usually costs $300 to $1,000 per year, while $2 million worth of coverage runs in the $500 to $1,300 range.

How much is it to get bonded for a cleaning business?

Surety bonds for your cleaning company are available in amounts between $10,000 and $100,000, and the amount of coverage your bond should provide for clients is completely at your discretion.

Does my cleaning lady need to be insured?

Questions to ask about cleaning services

If they are contractors, the cleaning service you hire doesn’t need to provide liability insurance (in case something is broken or stolen at your house), and in most cases, they can’t even ensure how the job is done — only the end result.

What licenses do I need to start a cleaning business?

Initially, you will need at least a vendor’s license for your home cleaning business. All business owners must pay sales taxes on non-wholesale revenue they earn within their state. Apply for a vendor’s license through your local county administration office or city hall.