Diaper service businesses provide laundry and delivery services of cloth diapers. Your clients call and order a specific number of diapers, use them, and then request for their diapers to be picked up. You will pick them up, wash them and deliver freshly-laundered diapers. Some of your biggest business risks include the risk of a vehicle accident during deliveries, liabilities and general business risks. Cover these and other risks you are exposed to with diaper service business insurance.
Types of Diaper Service Business Insurance
There are many different types of insurance policies for a diaper service business. The following policies are those that cover your range of business risks:
Diaper Service Business General Liability Insurance
General liability insurance includes premises liability, product liability and completed operations. Completed operations is most important to you because it covers any damage, injury or loss from the services you provide. If you are cleaning diapers for a customer and deliver those diapers, and the detergent you used caused a bad allergic reaction and the baby ended up in the hospital, medical and legal costs are your responsibility. General liability pays for these costs, along with any damages on your business property under premises liability.
Diaper Service Commercial Auto Insurance
Since your business is largely based on deliveries and picking up diapers, you definitely need a business auto insurance policy. Business auto ensures you have protection from things like accidents, theft and vandalism. If you’re making a delivery and diapers are stolen during a stop at the gas station, the business auto policy covers the theft.
Diaper Service Business Business Property Insurance
Business property insurance protects your business from unexpected events, like natural disasters, extreme weather, fire and flood. If your diaper services company experiences a flood, it could destroy all of your products and cause machinery to malfunction. If this happened, business property insurance would help replace the equipment and supplies.
Diaper Service Business Cyber Liability Insurance
If you have a website for your business or sell cloth diapers or laundry accessories online, you should have a cyber liability insurance policy. As another important diaper service business insurance policy, cyber liability insurance is to protect you from cyber crimes, many of which cannot be prevented. Any type of fraudulent activity with your website or online shop is considered a cyber crime. So if a hacker gets into your site and causes a virus that also infects a customer’s computer, the damage costs are covered by cyber liability insurance.
Diaper Service Business Workers’ Compensation
Your workers have minimal risk in their line of work, but they still need coverage from job-related illnesses or injuries with workers’ compensation insurance. If one of your employees is cleaning diapers and the new detergent used is causing an allergic reaction on their skin, workers’ comp pays for the medical treatment of that skin reaction.
Diaper Service Business Crime Insurance
There are various crimes you are susceptible to when owning a diaper service business. Dishonest employees are a risk, as well as customers who pay with fraudulent payments or even vandalism of your business property. Protect your business from these and other crimes with a crime insurance policy. It ensures if a crime does occur, you have some financial protection.
Choosing diaper service business insurance is protecting you from medical costs, liabilities and legal costs. It prevents financial struggle for those unexpected events you are most at risk for.