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Pressure Washing Insurance: A Necessity for a Risky Business

Running a pressure washing business can be an exciting adventure that, unfortunately, comes with some risk. You’re constantly dealing with the weather, and the environment you work in is never stable. 

Whether it’s a storm outside or a mess on the ground, pressure washing always has its risks. Because of this, pressure washing businesses are required to have insurance before they start working on any project. The question is: why?

This blog article will look at various examples of when pressure washers might encounter significant difficulties without insurance and how this would affect their future and the customers.

Why Pressure Washing Insurance Makes Sense?

If you damage property or are sued, you’ll be protected.

Insurance will provide legal protection in case of accidents on the worksite and protect your equipment from theft. It ensures a safe work environment for employees. It provides indemnity if the pressure washing company has to close down due to damages.

It’s affordable

Pressure washing companies can add or cancel it at any time. They don’t have to pay for pressure washing insurance in advance. They can adjust the amount of coverage depending on their needs.

You should make sure you get insured as soon as possible. Because if a pressure wash company doesn’t have pressure washing insurance, it could be seen as negligence or carelessness by both customers and courts. 

3 Benefits of Pressure Washing Insurance

Protection:  Pressure washing companies need pressure wash insurance to protect themselves. Suppose an employee or customer gets hurt because of something that happened on the worksite. The company could be held liable for any damages they cause.

Peace of mind: Pressure washing is a dangerous business. Without insurance, there’s no telling how much damage pressure washers could face. Insurance can help them avoid paying for any damages they might cause accidents.

Flexibility: Pressure washer owners don’t have to commit themselves financially when buying pressure washing insurance. That means that they can cancel or add insurance at any time without having to pay for insurance in advance.

Most Mentioned Insurance Providers in Power Washing Industry Forums

If your pressure washing company doesn’t have insurance, don’t panic. Instead, contact anyone from my list, and they will help you find a policy that matches your needs. They can even get started right away with their express service! Let them know what kind of work you plan on doing, and they will send you a pressure washing insurance quote in no time.

Joseph D. Walters

Joseph D. Walters Insurance has over 30 years of pressure washing industry expertise and knowledge to assist you in obtaining the right coverage for your needs. They offer some of the lowest rates on pressure washer insurance in America, which is why more pressure wash companies trust them for their commercial liability coverage!

Hiscox 

Hiscox has been in operation since 1901 and earned over $3 billion annually, demonstrating that it is a trustworthy pressure washing business. In addition, their pressure washing insurance provides coverage for commercial and residential pressure washers, which is why they are considered one of the best pressure wash companies in the industry!

Erie Insurance

Erie Insurance has been in business for over 80 years. Currently, it holds a AAA financial strength rating from A.M. Best Company, which means they are a financially stable pressure washing company! In addition, they offer commercial pressure washer insurance, which is why Erie is considered one of the best pressure wash companies around!

The Hartford 

For more than 200 years, Hartford has protected risk-takers like yourself with pressure-washing business policies that offer numerous financial protection plans. They are considered one of America’s best pressure washer insurance companies because they provide high-quality service and pressure washing coverage.

AIG

For over 90 years, AIG has been protecting businesses like yours with their pressure washing insurance policies that cover all your pressure wash needs! In addition, they are well known for offering risk management services and pressure washing insurance.

 This pressure wash company has been around for the long run. It remains one of the best pressure washer companies in America today!

Allstate

For over 70 years, Allstate pressure cleaning services have helped businesses like yours with their pressure washing insurance. They help protect your business from damages and lawsuits occurring on the worksite! 

They are a well-known insurance company that offers low-pressure wash insurance rates, which is why they are one of the leaders in pressure washer coverage.

Nationwide

For nearly 100 years, Nationwide has offered financial protection for businesses like yours with pressure cleaning services and pressure washing policies. This pressure wash company prides itself on providing pressure washing insurance tailored to your needs. 

They are a trusted pressure washer company in the industry and offer high-quality pressure wash coverage!

Geico

For over 40 years, Geico has been protecting businesses like yours with their pressure cleaning services, offering pressure washing protection for all kinds of commercial pressure washers. 

This reliable pressure wash company is one of America’s best pressure washer companies. It provides affordable pressure wash insurance for all your pressure washing needs!

26 Insurance Terms You Should Know

  1. Policy – The written contract between an insurance company and pressure washing business owner. 
  2. Premium – A pressure washer pays to receive pressure washing insurance each year.
  3. Deductible -The amount your pressure cleaning service must pay for covered damages before the insurer starts making payments or replaces damaged equipment. It is designed to keep pressure washing costs down.
  4. Loss – The amount of pressure washer service that an insurer pays for covered damages during a policy period, which begins on the date you purchase pressure cleaning coverage. It ends when your yearly premium comes due or at midnight (depending upon state regulations) of the day before it’s due. For example: If you purchase pressure washing insurance on January 15, the loss will end at 11:59 pm (depending upon state regulations) on January 14 or when your premium is due.
  5. Replacement Cost – This pressure wash coverage replaces damaged equipment with new items rather than paying you for a used item’s cash value.
  6. Actual Cash Value – You receive payment from pressure washing insurance for the current value of damaged equipment, not its original price or replacement cost.
  7. Umbrella Policy – Umbrella pressure cleaning coverage provides protection over and above what your pressure washer policy offers. For example: Suppose you have a $500,000 commercial pressure wash policy. But damage exceeds that amount, umbrella pressure washing will kick in and cover the pressure washing company for additional costs.
  8. Coverage -The insurance policy limits (per occurrence, annual aggregate) available to pay damages arising from a loss.
  9. Settlement – The payment of claims incurred during a specific period according to an insurer’s guidelines or under pressure cleaning coverage terms. For example, Insurance services will pay all claims incurred during the coverage term or until your pressure washing policy limits are reached, whichever comes first.
  10. Underwriter – The pressure washer insurer evaluates risk. It sets pricing based on information supplied by a pressure cleaning business owner in an application for pressure washing insurance.
  11. Schedule – A detailed description of the pressure wash services pressure washing insurance covers.
  12. Agent – An insurance company representative who provides pressure cleaning services for your business.
  13. Broker – An insurance company representative who brings pressure cleaning service buyers and sellers together.
  14. Agency – An agency is a business that acts on behalf of another individual known as the principal. Insurance agencies, for example, sell insurance policies on behalf of insurance companies.
  15. Captive Agent – An agent under contract to sell pressure washer insurance from a single insurer.
  16. Independent Agent – An agent who sells pressure washing services through an agreement with several pressure washer companies or multiple lines of coverage for the same pressure washing company, such as commercial pressure cleaning and boat pressure cleaning policies. The independent agency may be tied to one particular pressure washer insurer but not restricted to pressure washing insurance from that insurer.
  17. Surplus Lines Broker – An individual or company solicits and arranges pressure cleaning services for a policyholder who cannot get coverage in the voluntary market. A surplus lines broker may also offer pressure wash insurance to pressure washing companies. Location, pressure cleaning services, or other factors make them uninsurable in the voluntary market.
  18. Assigned Risk Plan – A state-sponsored program that provides pressure wash insurance for individuals who cannot find pressure washer coverage through their underwriting profile. Under the pressure washing insurance plan, each insurer providing pressure washing services is assigned a portion of the state’s risk based on market share or other criteria.
  19. Adjuster – An individual pressure washing company representative who evaluates and settles claims.
  20. Claim – A demand for payment because of a covered loss under pressure cleaning coverage or an insured hazard that has resulted in bodily harm, property damage, or both to others.
  21. Reservation of Rights – An insurer’s right not to pay pressure wash insurance claims if the carrier believes it is not responsible under pressure cleaning coverage terms.
  22. Exclusions – A pressure washing insurance provision that excludes or denies coverage for specific events, exposures, or pressure wash services perils when the pressure washer policy is in effect.
  23. Coinsurance – A percentage of a claim that an insurer must pay before it is obligated to pay its share of pressure washing insurance coverage.
  24. Cease and Desist Order – A cease and desist is a formal order or request to stop suspicious or illegal activity.
  25. Coinsurance Clause – A coverage in which the policyholder is required to provide a certain percentage of the loss. In insurance contracts, coinsurance is a clause that appears at the end of the insurance procedure and states who will pay for what amount of damage or loss.
  26. Excess Insurance Clause – A pressure washing clause in your contract states that pressure washer insurers will pay amounts up to their limit of liability. The insured pressure washing company policyholder must pay any part over this level.

What Types of Insurance Do Mobile Power Washing Contractors Need?

Liability Insurance 

Pressure wash insurance covers legal fees and repairs to your customers. It’s up to the limits you select, which should be at least $500,000 or more depending on how much pressure washing company revenue you make each year.

Property Insurance  

Cover pressure washing tools that are damaged or lost

Property pressure cleaning insurance covers the pressure washer equipment, vehicles, and other property you use to do pressure wash services. Coverage is based on replacement value less depreciation for items like pressure washers, pumps, hoses, chemicals, pressure washing vehicles, trailers, or tools.

It’s best to ensure pressure cleaning equipment with replacement cost coverage because the price of pressure washing insurance has gone up over time. Thanks to high demand and new technology that can make pressure wash services more efficient.

Equipment Insurance

Get commercial pressure washing insurance for your pressure washer equipment to protect it from damage, theft, and fire. Pressure Washing Insurance that covers all types of pressure wash tools may include a limited amount of business interruption coverage. In addition, it provides living expenses while you rent or replace equipment after a covered loss occurs so you can continue pressure cleaning services without interruption.

Pressure washing equipment that it may cover under pressure wash insurance includes pressure washer generators, water tankers, and pressure washers.

Income Protection 

Lose pressure washing income during a covered loss? Get pressure cleaning company coverage.

Pressure washer insurance covers pressure wash business expenses, such as payroll and operating costs. It can be a great help if you’re out of commission for an extended period.

Pressure washer insurance also covers pressure washing business expenses, such as payroll and operating costs. It could be a great help if your pressure washers are damaged by fire or theft.

Cancel pressure cleaning services? Pressure wash coverage may refund premiums paid.

Most business insurance policies include coverage for lost pressure washer income. For example, it will cover if you’re forced to cancel services because of an insured loss, such as a fire or theft that destroys your equipment. This type of coverage is known as “cancellation pay.” It helps cover the cost of business owners’ faces when losing pressure washing revenue.

Workers’ Compensation Insurance

Pressure washing insurance for pressure cleaning employees

In all states, including Washington D.C., laws require pressure washer businesses to carry workers’ compensation. It pays medical expenses and part of the employee’s lost wages during their recovery following an injury sustained by pressure cleaning services.

This insurance also covers pressure wash business expenses, such as payroll and operating costs. It can be a great help if you’re out of commission for an extended period because your pressure washing employees were injured on the job.

Get pressure washing workers’ compensation coverage whether or not you have one employee or 100 pressure cleaners working for you.

Commercial Auto Insurance

Pressure washing insurance can also cover pressure washers for vehicle damage and injuries.

Pressure cleaning employees who use their vehicles on the job may also need pressure washing company coverage. In addition, pressure Washing Insurance that covers all types of pressure wash tools will be necessary if your team travels from site to site pressure cleaning.

Commercial Auto Insurance offers protection against third-party liability. It also provides physical damage to your pressure cleaners’ cars and medical expenses caused by injuries they sustain while on the job in their vehicles. Coverage is available whether you have only one pressure cleaner or 100 workings directly for you.

This insurance can provide pressure cleaners with coverage when something goes wrong while on the job.

Contractor’s Bonding

Need pressure wash business insurance that includes pressure cleaning bonds?

Contractors Bonding insurance covers you if a customer files a contractor payment complaint against your pressure washer small business. This coverage helps protect the livelihood of pressure cleaners by reimbursing them for any work they’ve already done or equipment they purchased out of the pressure wash business pocket.

Contractor’s Bonding pressure washing insurance can come in handy if a customer files a contractor payment complaint against your pressure washer small biz. You need to pay out pressure cleaners for work already completed or equipment they purchased pressure cleaning services on their dime.

How Insurance Covers Your Losses

– In the unfortunate event that your pressure washer small engine blows up, you’ll need to agree with your insurance carrier on what is included in their coverage. Usually, it covers lost wages and the current value of the equipment at date policy (not replacement).

-If you get sued, let’s say that same night when pressure is washing the concrete out front of a gas station. You’re cleaning up close to where people buy fuel for their cars and look at what is available inside (cashier window). Then, all of a sudden, something goes bang! 

Fast but noticeable cracks start sounding as well, almost like someone tapping with their fingers on the glass, trying not to break through it too quickly. Because there are other things behind this act: liability insurance coverage and potential lawsuits are waiting if anything happens due to damages caused by broken windows within store premises.

-So you got injured at the end of your day, and it’s Saturday evening – tired from working all week. You rush to get home before dark with a load on your truck (instead of taking stairs). But then forget about safety when lifting surface cleaner off the ground due to pain in the back. 

That leads to severe spasms causing wrenching while bending over incorrectly; money will continue rolling in if workers’ compensation is obtained along with other types of income insurance!

Frequently Asked Questions

Should You Use Single or Multiple Carriers for Your Policies??

Pressure washers may be wondering whether it’s preferable to have one pressure cleaners carrier for all of their insurance policies or several pressure cleaner carriers. The truth is that both options are pressure cleaning businesses viable.

A single carrier simplifies the policy process because you can get everything from one place. It includes your general liability pressure cleaners policy, pressure cleaning workers’ compensation coverage, and vehicle pressure cleaner insurance. 

On the other hand, having multiple carriers means you can shop around for pressure-washing business premiums from different providers. Therefore, it is potentially getting a cheaper pressure washers rate depending on your risk factors.

Do You Need a Business License? Is That From The Insurer?

Many pressure cleaners businesses require licensing to start pressure cleaning services. But, the pressure washing arising from services. 

What Are the Advantages of Pressure cleaners a BOP?

These insurance cost pressure washers provide pressure cleaning equipment which depends on many factors, including what type of pressure clean services you offer and your geographical location. The average annual pressure cleaner’s premium is $700-800.

How Much Coverage Do You Need?

To determine the amount of coverage needed for pressure cleaners’ business owners policy (BOP), owners should consider the following:

– The cost of equipment in your pressure washing business.

– The amount you can lose each year if pressure cleaner’s services are forced to close by an insured assurance policy you choose. It may not be contingent on having a license in place before your pressure washer company can get started.

What is Workers’ Compensation Insurance?

This policy covers any occupational sickness or accident that causes you to incur medical expenditures and missed income.

How Do You Prove You’re Insured?

Your insurance policy should include business liability coverage, which verifies that your pressure cleaning company has the necessary protection in place. 

What Do You Need to Know About a BOP?

A Business Owners Policy (BOP) is an insurance policy. It protects many different types of small businesses from damage, injury, or liability issues cleaning equipment, liability issues, and injuries.

The best way to organize this is through a Business Owners Policy, which includes all of these coverages in one convenient package with just pressure cleaning pressure washers on one carrier.

Best Selling Pressure Washers

Last update on 2022-07-06 / Affiliate links / Images from Amazon Product Advertising API

Last update on 2022-07-06 / Affiliate links / Images from Amazon Product Advertising API

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Brett Tyler

Brett Tyler

I’m Brett Tyler, an entrepreneur, but more importantly (well, to me at least), a tool head. I’m passionate about all sorts of machines and how they work – it’s in my blood.

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