Cleaning Business Insurance Cost
From essentials to add-ons, get answers to all your questions about cleaning business insurance and how much it costs. Learn about coverage options, what affects your pricing, and how coverage from Insurance Canopy can save you money.
How Much Does Insurance Cost for a Cleaning Business?
Cleaning company insurance cost starts at just $39 per month or $435 per year. Compared to the national average of $520 a year, our rates save you money while still giving your business the solid protection it needs.
Let’s Compare
Insurance Canopy
General Liability
$500,000 per incident
$1,000,000 per year
Workers’ Compensation
Coming soon! Not currently included
Tools & Equipment
Optional
Cyber Liability
Optional
Avg $599.55/year
Lowest Possible Monthly Pricing: $39 (with MP Fee)
Lowest Possible Annual Pricing: $435
Next
General Liability
$300,000 per incident
$300,000 per year
Tools & Equipment
Optional
Professional Liability
Optional
Avg $769/year
Thimble
General Liability
$1,000,000 per incident
$1,000,000 per year
Tools & Equipment
Optional
Professional Liability
Optional
Avg $719.37/year
Hiscox
General Liability
$300,000 per incident
$300,000 per year
Tools & Equipment
Optional
Cyber Liability
Optional
Avg $749.42/year
BiBERK
General Liability
$100,000 per incident
$500,000 per year
Tools & Equipment
Optional
Avg $2,010/year
Competitor information was collected on 5/15/2024 for new policyholders in Florida.
Most Popular Cleaning Insurance Policies (+ Their Cost)
Here are the essentials every cleaner should have in their protection toolkit. Here’s a breakdown of the most popular policies and their associated cleaning insurance cost.
| Our Average Price | Industry Average | |
|---|---|---|
|
General Liability Insurance |
$679.92 / year |
$884.81 / year |
|
Tools and Equipment Insurance |
$51.64 / year |
$384.41 / year |
|
Janitorial Bonds |
$106 / year |
$126/year |
|
Additional Insureds |
$10 / year / AI |
|
|
Workers’ Compensation |
$1,141.86 / year |
$1,627 / year |
|
Cyber Liability Insurance |
$99 / year |
$1,740 / year |
**based on the median cost of policies for cleaning insurance bought with Insurance Canopy.
General Liability Insurance
General liability insurance shields you from third-party claims related to bodily injury, property damage, or personal injury occurring because of your work.
For instance, if a client slips on a freshly mopped floor and gets injured, it can help cover medical expenses and legal costs associated with the incident. However, it’s important to note that this coverage does not extend to injuries sustained by you or your employees—it only covers your clients and other third parties.
| Coverage | General Liability Insurance |
|---|---|
|
$500K Per Incident / $1M Per Year |
$430 / $38.33 |
|
Industry Average |
$884.81 / year |
Tools and Equipment Insurance
Tools and equipment coverage, also known as inland marine insurance, is here to save your gear (and keep you in business).
This insurance protects your essentials—from vacuums to carpet cleaners—against theft and damage so you can rest easy knowing your prized cleaning equipment is covered.
| Limits (Occurrence / Aggregate) | Premium per month | Premium per month | Deductible |
|---|---|---|---|
|
$1,000 / $3,000 |
$3.33 |
$40 |
$500 |
|
$2,000 / $6,000 |
$4.58 |
$55 |
|
|
$5,000 / $10,000 |
$5.00 |
$60 |
|
Janitorial Bonds
Consider your janitorial bond as your “good housekeeping” seal of approval. This guarantees you’ll complete your cleaning services according to agreed-upon standards and handle any mishaps in a professional manner.
If things get messy, this bond steps in to cover the costs, keeping your reputation spotless. You may also be required to obtain a bond for a government or commercial contract.
Insurance Canopy offers two bond options to fit your business needs.
| Bond Option | Annual Cost |
|---|---|
|
$5,000 Bond |
$100 |
|
$10,000 Bond |
$112 |
Additional Insureds
Opting for additional insureds is all about protecting your clients or landlords, so they feel safe and secure knowing they’re covered under your policy.
For example, if you’re cleaning at a commercial location and a customer trips over your gear and needs medical attention, they could name both you and your client’s business in a lawsuit. Being an additional insured on your policy extends your coverage to your client, protecting you both from third-party claims arising from your work.
Price per additional insured: $10/year
Workers’ Compensation
Ever wonder what would happen if one of your team members slipped on a wet floor or strained their back while lifting heavy cleaning equipment?
Workers’ compensation covers medical expenses and lost wages! Pricing will vary based on your specific needs and the level of service you require, so be sure to evaluate your options to find the best fit for your budget.
Employers’ Liability Coverage Limits
The maximum coverage for damages resulting from bodily injury by disease for any number of employees.
$1,000,000 Policy Limit
The maximum coverage for bodily injury to one or more employees in any one accident.
$1,000,000 Each Accident
The maximum coverage for damages resulting from bodily injury by disease for any number of employees.
$1,000,000 Each Employee
Cyber Liability Insurance
Gathering emails for digital marketing? Housing client addresses online? If you use digital means to conduct any part of your cleaning business, cyber liability coverage can help you with:
- Data breach notification costs
- Customer data loss
- Ransomware and cyber extortion
- Legal fees
- Business interruption fees
|
Monthly Premium |
$8.25 |
|
Annual Premium |
$99.00 |
|
Coverage
|
$100,000 Cyber Coverage Limit
including $50,000 in E-Theft Coverage
|
Factors Affecting Your Cleaning Business Insurance Costs
Here’s a breakdown of what could affect your cleaning service insurance and bonding cost in the end:
Size of Your Business
Higher risk exposure and more full-time employees can lead to increased premiums. Larger operations may face more frequent claims or larger liability issues, which factors into pricing.
Location
Your rates can change based on where your cleaning jobs are and the local risks, such as crime rates or natural disasters, and the specific regulations in your area.
Claims History
Had some claims before? That can bump up your premiums. If your cleaning business has a record of frequent claims, insurers may view you as a higher risk, which can lead to increased premiums — past claims indicate a higher likelihood of future claims.
Coverage Limits
Need more coverage? That’ll add to your cleaning business insurance cost. Simply put, higher coverage limits come with a higher price tag. It’s important to balance the coverage you need with your budget to ensure you’re not under- or over-insured.
Additional Coverages
Add-on policies like tools and equipment insurance or workers’ comp provide important protection but also impact cleaning company insurance costs.
Tips for Saving on Cleaning Business Insurance
Want to cut your insurance costs without cutting corners? These tips will help you find the best value and keep your cleaning insurance cost in check:
Bundle Policies & Pay Annually
Bundling multiple coverages, like general liability and tools and equipment insurance, often results in savings. Additionally, Insurance Canopy offers a discounted rate if you choose to pay annually instead of monthly. By combining these options, you can maximize your savings and ensure comprehensive coverage for your business!
Review Coverage
Make sure you’re only paying for what you actually need. Adjusting coverage limits and removing unnecessary add-ons reduces your costs without compromising essential protection.
Boost Safety
Better safety practices can lead to lower rates by reducing the risk of accidents and claims. This can translate to savings in keeping your premium costs low and making the workplace safer for you and your employees as well as your clients.
Shop Around
Don’t just settle for the first quote. Compare different providers to find the quality coverage and support you need that offers the most competitive cleaning service insurance and bonding cost.
Maintain a Clean Record
Fewer claims can mean lower premiums. When insurers view your business as less risky, this often results in better pricing.
Other Cleaning Professions We Insure
Get Instantly Insured Online with Insurance Canopy!
Ready to sweep up the best coverage for your cleaning business? No dust, no fuss with unbeatable rates, and comprehensive protection—get covered today and keep your operations spotless with Insurance Canopy!
Allison Kirschbaum | Copywriter
Digital Content Specialist, Allison Kirschbaum leverages her experience in providing in-depth content such as blogs, whitepapers, and downloadables about insurance, liability, and the challenges small businesses face every day. Before working at Veracity, Allison freelanced her copywriting skills, including optimizing rankings and generating leads across various sectors. She is now fully trained on Insurance Canopy’s products and helps small business owners navigate their insurance needs.
Digital Content Specialist, Allison Kirschbaum leverages her experience in providing in-depth content such as blogs, whitepapers, and downloadables about insurance, liability, and the challenges small businesses face every day. Before working at Veracity, Allison freelanced her copywriting skills, including optimizing rankings and generating leads across various sectors. She is now fully trained on Insurance Canopy’s products and helps small business owners navigate their insurance needs.
Kyle Jude | Program Manager
Kyle Jude is the Program Manager for Insurance Canopy. As a dedicated program manager with 10+ years of experience in the insurance industry, Kyle offers insight into different coverages for small business owners who are looking to navigate business liability insurance.
Kyle Jude is the Program Manager for Insurance Canopy. As a dedicated program manager with 10+ years of experience in the insurance industry, Kyle offers insight into different coverages for small business owners who are looking to navigate business liability insurance.
