Dry Cleaners Insurance
Dry cleaning business insurance is important to the livelihood of your dry cleaning. Every customer who walks through your door trusts you to make them look good and protect their belongings, protect your business with Massachusetts dry cleaning insurance. Worries are part of running a business, but let us shoulder some of the burden so you can focus on running your business. We can customize a commercial cleaning insurance policy suited to fit the needs of dry cleaning businesses like yours.
Insuring Laundromat, Laundry Cleaning, Dry Cleaning or Drop Off cleaning operation is serious business. A Laundromat, Laundry or Dry Cleaning Business typically has high value machines that are expensive to replace if they are damaged from fire, water or vandalism, and the money you lose while your machines are inoperable.
Kerrigan, O’Malley & Bailey Insurance Agency’s dry cleaning insurance policies may help protect your:
- Washing Machines and Dryers
- Store Fixtures
- Phone Systems
- Computer Equipment
- Business Interruption
- Employers’ Liability
- Public Liability
- Products Liability
- Goods in Trust
- Crime Insurance
- Property Damage
- Glass repairs or replacement
- pollution Insurance
You may insure you cleaners business items for replacement cost or for actual cash value.
- Actual Cash Value or ACV– Actual Cash Value will pay only for the depreciated value of the property.
- Replacement Cost Value or RCV Replacement Cost Value policies have higher premiums, however they can help your business recover from a loss faster, since you will be afforded with the cost to replace all or most of the lost or damaged property with new items
While environmental contamination is associated with industrial sites, dry cleaners—a staple of retail centers—sometimes have their own dirty laundry to air. Cleaning up dry cleaning solvent that has contaminated groundwater aquifers can cost millions of dollars. When the dry cleaning operator doesn’t have the insurance or assets to pay for the cleanup, the property owner often is liable, with costs that easily can exceed the equity for your Massachusetts business
For more information on securing your Dry Cleaners Insurance contact, Kerrigan, O’Malley & Bailey Insurance Agency at 978-365-2302 or fill out our online form above for your FREE Dry Cleaners Insurance Quote today.