Do I need insurance for my launderette?
Launderette insurance is designed to protect against a number of unforeseen events that can lead to large losses or claims being made against you and your business. There are many risks that come with running a laundry service, from damaging clients’ garments to damage at your premises. Without the right cover in place, you may be personally exposed to claims and losses that you would need to self-fund.
We can arrange launderette insurance to cover you against a number of eventualities that could impact on the future of your business. We are committed to finding you the right insurance at the right price, and supporting you for the duration of your policy.
Your launderette insurance should be tailored to cover as many exposures as possible. This means there are many considerations to make when arranging your insurance.
Protecting your launderette business
Your premises, contents and machinery should be protected against property damage from perils including fire, flood, theft, malicious damage and many more. While you never expect the worst to happen, these events can cause devastation to your livelihood, and without the right protection in place you may be personally responsible for restarting your business once more.
Liability insurance should also be a fundamental part of your launderette insurance. This can protect you against potentially large compensation awards made to anyone that injures themselves at your premises and can also cover accidental damage to their property. For instance, if a customer slipped over on a wet floor and broke a limb, public liability cover would typically take care of any medical and legal costs, as well as cover any compensation awarded as a result.
Employers' liability insurance covers you in the same instance in relation to your employees. If a member of staff fell down some stairs and sustained an injury, your employers' liability cover would typically take care of legal and medical costs as well as any compensation awarded as a result.
Business interruption insurance for launderettes
If you were to suffer damage at your premises as the result of a fire, for example, then it’s important to have business interruption cover in place to protect your income and fixed expenses while you are unable to trade. This cover could be the lifesaver of your business, and means you can be safe in the knowledge that should the worst happen; you won’t be out of pocket. This cover could also help you trade temporarily from another location while your building is restored.
Legal protection for launderettes
Commercial legal protection can also be included to safeguard against tax and VAT disputes, commercial tenancy disputes, jury service allowance as well as employment disputes.
Insurance for launderettes can be tailored to cover a variety of similar trades, including dry cleaners and receiving centres, commercial launderettes, ironing services and laundry services, as well as tailors and alteration services.
Hassle-free launderette insurance
We source launderette insurance from a panel of the UK’s leading insurers to ensure you have the protection you need for your livelihood. We’re committed to finding the right insurance at the right price for your business and providing support throughout your policy, should you need it.