As a window cleaner, you have a lot to think about when it comes to running your business. From marketing to managing your finances, there's a lot to keep track of. One important area that is easy to overlook is insurance. There are several different types of commercial industry insurance that every window cleaner needs in order to protect themselves, their employees, and their business.
Liability insurance is one of the most important types of commercial industry insurance for window cleaners.
Many factors can determine your business insurance premiums. Some things, like the size and type of business, are relatively easy to determine. But other factors like claims' history can be more challenging to quantify.
This post outlines two less-obvious factors that affect full coverage business insurance premiums. Understanding these factors will help you make more informed decisions about your business insurance coverage and get the best rates possible.
The Type of Business
Your employees expect you, as their employer, to offer certain protections while they are working for you. They want to know they will be taken care of if they get hurt on the job.
However, your business may not have it in its budget to compensate injured workers. Instead, you can invest in a quality workers compensation insurance policy for your business.
Sparing Your Business's Cash Flow
You want to protect your business's cash flow from devastating expenses.