A powerful pressure washer excels at rejuvenating surfaces like decks and siding, making it a go-to for removing mold, dirt, or grime.
Despite its cleaning prowess, using a pressure washer involves risks such as physical harm, electric shock, chemical exposure, and potential surface damage.
Proper training and insurance are crucial for those in the pressure washing business.
Top 6 Pressure Washing Insurance Companies in Florida
- Simply Business: Ideal for cost-effective coverage for pressure washing businesses in Florida.
- InsurePro: Offers flexible and pay-per-day coverage options.
- CoverWallet: Best for comparing multiple insurance quotes.
- Hiscox: Known for significant experience in insuring small businesses.
- Thimble: Best for short-term insurance coverage.
- NEXT: Recommended for combining general and professional liability insurance coverage.
Simply Business: Top Choice for Affordable Coverage
Simply Business, a digital broker specializing in small businesses, stands out as the best option for securing low-cost coverage.
Through partnerships with various carriers, including well-known names like Travelers, Chubb, and Hiscox, as well as lesser-known carriers offering competitive rates, they prioritize finding the most economical coverage for your business.
It’s important to note that all partnered carriers maintain a solid financial strength rating of A- or above by A.M. Best.
In our evaluation of Simply Business for a pressure washing business in Destin, Florida, with one owner and one part-time worker, the platform returned six quotes of varying amounts.
Pros:
- Utilize a single platform to receive multiple quotes.
- Partnered with diverse carriers to secure low-cost coverage.
- Provide a resource library outlining insurance needs for various businesses.
Cons:
- All policies are underwritten by a third party.
- Lack of claims processing offered by Simply Business.
- In some instances, completion of the quote process may require a phone call.
InsurePro: Ideal for Adaptable and Pay-Per-Day Coverage
InsurePro, an online insurance broker, specializes in providing flexible and pay-per-day coverage tailored for small businesses requiring short-term insurance.
This innovative approach allows businesses to save considerably compared to traditional annual policies.
Pros:
- Enables small businesses to purchase coverage for short durations, even just a few days.
- Offers a seamless digital experience, allowing users to obtain quotes, purchase, and manage policies online within minutes.
- Excellent customer service.
Cons:
- Availability is limited; currently, services are accessible only in Florida.
CoverWallet: Top Choice for Quote Comparison
CoverWallet, an online insurance broker, excels in providing a platform for comparing multiple quotes efficiently.
Upon completing a single questionnaire, CoverWallet returns three quotes simultaneously, making the process streamlined and convenient.
In our analysis, we requested a quote for a Miami-based pressure washing firm with one owner and one part-time worker, which is displayed below.
Pros:
- Utilize an online application to retrieve quotes from various sources.
- Offers a wide array of coverages suitable for small businesses in diverse industries.
- Online dashboard for convenient claims handling, premium payments, and policy management.
Cons:
- Coverage is provided by a third party.
- Tends to partner with well-known carriers exclusively.
Hiscox: Best for Extensive Experience in Small Business Insurance
Hiscox specializes in providing customized coverage for pressure washing businesses, offering the flexibility of online purchasing or telephone consultation.
With over 120 years in the industry, Hiscox is renowned for crafting unique insurance solutions exclusively for small businesses.
Pros:
- Online quotes and purchasing options available.
- Discounts offered for bundling, along with a 14-day money-back refund policy.
- Professional liability policies enable global coverage.
Cons:
- May not offer comprehensive coverage for all business needs.
- No coverage available in Alaska, and business owner policies are not accessible in multiple states; limited to small businesses.
Thimble: Optimal Choice for Short-Term Coverage
Thimble stands out with its unique offering of coverage tailored to your specific time requirements.
Whether you need coverage for a single day or any other duration, Thimble allows you to customize, pause, or cancel your coverage without incurring hidden fees.
In our inquiry for a pressure washing business in Pompano Beach, Florida, Thimble promptly provided a quote in less than five minutes.
It’s important to note that Thimble requires payment of two months’ premium when initiating a policy.
Pros:
- Swift transition from online quote to purchase within minutes.
- Particularly beneficial for contractors.
- Flexible coverage options, allowing hourly, daily, or monthly durations.
Cons:
- Claims must be filed with a third-party company via email or phone.
- Exclusive online customer support.
Next: Ideal for Comprehensive Liability Coverage
Next, an online insurance company, aims to offer an unparalleled online insurance experience, providing policy purchase, claim filing, and certificate of insurance requests at any time, anywhere, 365 days a year.
The company, known for swift claims decisions within 48 hours, ensures accessibility through telephone contact if needed.
Pros:
- Convenient online application process.
- Discounts available for bundled policies.
- Digital sharing of certificates of insurance.
- Competitive rates.
Cons:
- Traditional companies may find the online claims process unconventional.
- Some specialized insurance products may not be available.
What is Pressure Washing Insurance?
Pressure washing insurance encompasses a set of insurance coverages designed to safeguard your pressure washing business against financial uncertainties in the face of potential mishaps.
Whether you operate as a solo entrepreneur or have a team of employees, securing specific insurance coverages becomes crucial to mitigate the risks of injuries or property damage affecting both you and others.
Certain states mandate insurance, such as liability and worker’s compensation, for the operation of a pressure washing business, and clients may insist on proper insurance before allowing you to commence work.
Worker’s compensation insurance is essential if you employ staff, and engaging in business-related transportation necessitates commercial auto insurance.
Specialized insurers focusing on pressure washing businesses can assist in assessing your coverage needs.
What Insurance Does a Pressure Washing Company Need?
For any small business across various industries, the fundamental insurance coverage recommendation is general liability insurance.
This coverage protects against third-party claims resulting from injuries or property damage on your business premises or during client work.
Considering the mobility of equipment between jobs, commercial auto insurance becomes mandatory. Worker’s compensation insurance is essential if you have employees.
Other relevant insurance coverages for pressure washing companies include contractors’ errors and omissions, tools and equipment policies, and commercial property policies.
What Does Pressure Washing Insurance Cover?
The coverage provided by pressure washing insurance is contingent on the types of policies within your insurance portfolio.
General liability insurance covers medical payments, property damage, legal fees, and judgments resulting from accidents during business operations.
Commercial auto insurance, depending on its scope, can cover liability for road accidents or property damage to your vehicle.
Errors & omissions insurance (professional liability insurance) comes into play if someone alleges that a mistake you made negatively impacted them, providing protection against legal claims arising from accusations like causing water damage.
Worker’s compensation coverage, a legal requirement in most states for businesses with employees, aids in covering medical bills, lost wages, and job retraining services for injured workers.
Tools and equipment coverage is considered essential for immediate replacement of damaged or broken equipment if funds are not readily available.
Commercial property insurance is advisable for business owners with a dedicated workspace, particularly if the property is mortgaged, to fulfill lender requirements and protect both personal and lender interests.
What is the Cost of Pressure Washing Insurance?
Securing insurance for a small business, regardless of the industry, comes with its associated costs. Like any other insurance coverage, the expenses for policies in the pressure washing business are subject to variability.
The average cost of a $1 million general liability insurance policy for pressure washing businesses in Florida stands at $275 per month, totaling $3,300 annually.
It’s important to note that this figure represents an average, and your individual rate may differ. To ensure you find the most cost-effective option for your business, consider exploring quotes from multiple companies or consulting with reputable brokers such as Simply Business, InsurePro, or CoverWallet.
Factors Influencing Pressure Washing Insurance Costs
Several factors contribute to the determination of pressure washing insurance costs, including:
- The nature of your projects.
- The location of your business headquarters.
- Payroll size and the responsibilities assigned to your employees.
- The type and number of vehicles used for work.
- The value of your business property and the equipment you possess.
Given the unique needs and assets of each business, coverage costs are tailored to reflect the specific characteristics of your enterprise.
How to Secure Affordable Pressure Washing Insurance
Given the substantial cost associated with pressure washing insurance, finding budget-friendly coverage is essential for your business.
Here are some tips to help you obtain economical insurance for your pressure washing business:
- Shop and Compare Quotes: To ensure the best value, compare quotes from various insurance providers. This is crucial for identifying the most affordable coverage for your pressure washing business.
- Implement Safety Practices: Adhering to safety practices and industry standards can mitigate risks associated with your business operations, potentially reducing insurance costs.
- Provide Regular Safety Training: Offering consistent safety training to your employees not only promotes a safer work environment but may also lead to discounts from insurance companies that value well-trained staff.
- Maintain a Good Insurance Record: Establishing a positive insurance record for your business over time may contribute to a decrease in insurance costs.
- Choose Appropriate Policy Terms: Adjusting coverage limits and deductibles can impact the cost of pressure washing insurance. Lowering coverage limits or increasing deductibles can result in lower premiums.
- Shop Around at Renewal Time: While your current policy may have been the most affordable initially, it’s important to continue shopping around at renewal time to ensure you are still getting the best deal for your business.
Where to Obtain Pressure Washing Insurance Quotes Online?
Comparing quotes online is a convenient way to identify the most competitive rates for pressure washing insurance.
Here are some recommended carriers and online brokers that offer quotes for pressure washing business insurance:
Carriers: NEXT, Thimble, Hiscox
Brokers: Simply Business, InsurePro, CoverWallet
Also read: Cheap Auto Insurance In Petersburg
Closing Remarks
Given the inherent risks associated with pressure washing, it is imperative to invest in suitable insurance coverage for your business.