Sometimes, you may think opening a business is easy. Just find the location, employees and then start with working on the products or services your company will offer. There are however, many more aspects of owning a business, for example, insurance. Have you thought about that and what goes into getting the right coverage and policy? Below, you'll find some basic information that might help you. If you're searching for the best Continental Girbau and Speed Queen Dealers SC has to offer, save time and money by calling T & L. You'll love our prices.
Laundromat Insurance Basics
If you are contemplating opening a laundromat, one of the first things on your list should be checking into insurance. While you might not think this type of business needs a policy, one should be put in place to ensure nothing happens from a liability standpoint. You should also be covered against damages from the elements, water main breaks and more.
Choosing an Agent - Make sure to work with an agency and agent that understand this business. Talk with them about deductibles and possible plans before choosing just one policy. Your agent should be able to help you with any questions you might have as well as have basic knowledge of the overall industry. Try to find a company that has good ratings. Ask for referrals from those you network with, as well.
Choosing the best policy might be difficult on your own. That's why you should work with an agent that can help you.
The first type of coverage a business owner should look into is property insurance. This covers a variety of things including the following:
- Laundry Equipment
- TVs
- Furniture
- Inventory
- Computers
- Washers
- Dryers
- Anything of value within the building should damage or loss occur
If you incur any loss or damage to your laundromat or equipment the property coverage will cover it.
If your store happens to be the victim of vandalism, this will fall under the property insurance coverage. This policy will come in handy, should you have a problem with this in the future. No business is completely protected from this happening, even with surveillance cameras in place.
While this isn't a full look into all the details about insurance for your facility, it is a quick look at the basics. Making sure you have property insurance, first and foremost is essential for your business' livelihood. For more information about insurance basics, be sure to visit back with our next blog post soon.
T & L has been in operation for 40 years. Within that time, we've worked hard to offer the best machines for the best prices. We believe in our products and are excited to share them with you. The benefits you’ll gain from trusting our washers and dryers are incomparable. Our products offer the following advantages:
- Easy to install and use
- Saves washing and drying time
- Saves money
- Saves energy
- Easy to clean
- Comes in a variety of sizes and capacities
Speed Queen Dealers SC | T & L Laundry Equipment
From replacing old units to helping you build a new facility, our years of experience and knowledge can help you make the right choice for your business. Our solutions are customized based on your business’ needs. For over 40 years, we’ve been providing excellent service and support in the commercial laundry industry. Give us a call today to learn more about the best Continental Girbau and Speed Queen has to offer. We are your dealers in SC!
