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Jul 9, 2024 · The cost of cleaning business insurance depends on several factors such as the coverage limits, the size of your business, the number of employees, and the services you provide. On average, the annual premium for a small cleaning business can range from $500 to $2,500.
- Kerry Lancaster
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Jul 2, 2024 · MoneyGeek determined the average cost of cleaning business general liability insurance is $22,815 per year for an LLC with 20 employees and $1,007 per year for a sole proprietor with no employees. As you can see, the number of employees greatly impacts insurance costs for cleaning businesses.
Jun 19, 2024 · For example, if you buy a $50,000 bond, you might expect to pay between $500 and $1,500 for a contract or fidelity bond. The cost of a surety bond is calculated as a percentage of coverage but...
- Jason Metz
Jun 26, 2024 · The cost of insurance for a cleaning business can vary depending on the type of insurance coverage, policy amount, deductible, number of employees, and other factors. However, the cost may be worth it if you ever get sued or your business is damaged in a fire or other covered event.
Jun 26, 2024 · The average cost for general liability insurance is $42 per month, according to Insureon. That’s $504 per year, but your small business’s costs may be cheaper.
Jul 1, 2024 · The average cost of small business insurance is $57 per month, according to Insureon. That’s for a business owner’s policy (BOP), which bundles general liability insurance, commercial...
Jul 8, 2024 · The proper insurance coverage will protect your cleaning business against substantial financial loss. Consider your company's potential risks and research the various types of insurance before choosing a policy.
