The laundromat is an essential resource for many people living without a washer and dryer in their home. It’s convenient, affordable, and accessible, but that doesn’t mean that it’s without risk. On the contrary, there are many liabilities that exist in such an environment, and investing in a comprehensive insurance policy is the best way to mitigate potential loss. If you own or operate a laundromat, protecting yourself, your staff, and your customers is imperative.
Understand Common Liabilities
There are many liabilities that coin laundromat insurance covers. Some of the most common risks and expenses to take into account include the following:
- Breakdown of equipment
- Injury or slip and fall on-premises
- Loss of business during a repair
- Auto insurance for business
Though owning a laundromat is a lower liability endeavor than many other types of businesses, you still need coverage for legal protection.
Enjoy Customized Coverage
Not all coin laundromats are the same, so coin laundromat insurance shouldn’t be one size fits all, either. At www.iwains.com, you can browse options for customized coverage and find the option that best meets your needs. A responsive support team is available to help you choose a policy and make a claim in the event of a loss. Save your coins with coverage that works for your laundromat.