Insurance Requirements for Starting a Janitorial Business

If you are starting a janitorial business, there are a number of things that you are going to need to take into consideration. In order to begin the business, you will have to purchase certain types of insurance. Here are a few of the different kinds of insurance coverage that you might want to invest in.

Employee Theft

When you are going to be working in other businesses, you are going to have to carry employee theft insurance. This insurance coverage is going to reimburse the company if any of your employees steal anything while they are working.

Workers Compensation

You will also be required to carry workers compensation coverage. This type of insurance coverage is going to provide payment to the employee if they are injured while they are on-the-job.

Liability Coverage

Liability coverage is another type of insurance that you will want to purchase if you are starting a janitorial business. This insurance coverage will ensure that you do not have to pay anything out of pocket if you are at fault in an accident. For example, if you spill a bottle of cleaner on the floor and someone slips and falls, the insurance company might pay for the medical expenses for the injured person.