03 Sep Low Cost Insurance for Janitors
Low Cost Insurance for Janitors
In a world where prices continue to rise for nearly everything, savvy business owners are constantly looking for ways to save on their basic business needs. At the same time, they work hard to find that fine line between saving money and hurting the business. Perhaps you, as the owner-operator of a commercial cleaning business have found yourself in this position. How do you save money, yet still maintain a quality business. More importantly, how do you save money and remain properly insured? Why, by finding low cost insurance for janitors, of course!
The first step in finding low cost insurance for janitors is to determine what types of policies are absolutely essential for you to carry in order to maintain a well-protected business and operate legally. Proof of a valid general liability insurance policy is almost always required before you can operate legally, and worker’s compensation insurance is also required in many states. Other policies such as commercial auto insurance and property insurance are usually not required, but are important if you are using company vehicles to travel or have equipment which would be expensive to replace. (Essentially, this paragraph is here to serve as a reminder that slashing all non-required policies may save you money, but may not be in your best interest).
A second step in finding low cost insurance for janitors is finding an agent who is well-versed in the needs of the commercial cleaning industry. A well-versed agent will be able to offer appropriate advice, answer any questions that you may have, and guide you towards the right type and amount of coverage for your business and may have suggestions regarding risk mitigation and how it can drive policy premiums down to even lower levels.
If you went out and found an insurance agent who understands the industry well and provides you with sound information and a comprehensive quote- go out and find two or three more of him or her at competing agencies. Comparison shopping between different insurance agencies will allow you to see how premiums are priced differently according to their unique interpretation of actuarial tables or risk assessment data. You may find that the prices are similar, but you may also find an agency who has significantly lower cost policies for janitors.
Finally, don’t be afraid to reach out to the competition. If you have a good business relationship with any of your peers, ask their advice about insurance policies. More established companies will likely have gone through this type of scenario before and may be able to provide you with some sound advice as you navigate through the insurance world.
Finding low cost insurance for janitors that spares your budget while still protecting your company may not necessarily be accomplished in one day or even one week, but it can be done if you approach the situation with determination. Begin your quest today by speaking with an insurance agent (or two or three) about your insurance needs and desire to find low cost insurance for janitors.
All information is general in nature and is intended to provide guidance only. It is up to you to request specific coverage options, the agency and agent do not bear this responsibility. Always read the policy if there is a questions about coverage or a claim. If any information herein should conflict with your actual policy’s specific language, the policy language will be controlling.