Wait…I Need Insurance For My Business Too?!

Here at the Howard Webb offices we receive phone calls all day long of people asking for help with their insurance. Not surprising by any means, but sometimes even we are a little caught off guard by what comes our way!

Recently, someone called in and totally floored us! They have been operating a residential and commercial cleaning company for the past forty years, and hadn’t purchased insurance for their business!

They actually didn’t even think they really needed the insurance because they were a small business, but after having recently been told, by a potential client, they couldn’t work for them because of their lack of insurance, they came searching for answers. 

The potential client they were in the process of working with told them that because they were uninsured, they wouldn’t be able to work in their offices. Of course this would send anyone with a small business into a flurry, we’re just surprised this individual made it forty years before anyone brought this to their attention!

The thing is, imagine everything that could go wrong in this particular business, and how this person would be completely liable for any damages or incidents that occurred. 

1. What if they damaged the property while cleaning? Imagine they were bleaching the counter tops and it spilled onto the hard wood floors leaving behind a bleach stain. They have to cough up the cash to fix the client’s floors now. 
2. What if they destroyed key documents/invoices that couldn’t be easily replicated? Well, now they’re in the weeds for receiving payment, or responsible for any monies lost. 
3. What if the vacuum cleaner burst into flames and burned an office building down? They’re going to be in debt to a company for a very long time, possibly their whole lives.
4. What if the products they used to clean out the refrigerator somehow contaminated the food that someone then ate? If they’re lucky and the person who ate this poisoned food doesn’t have a fatal outcome, they could be sued and in a similar situation to the one above. 

We know these all sound like “long shots”, but at the end of the day, no one plans for catastrophe every day of their lives. Without insurance, this business owner would be personally responsible for all damages, injury, and losses caused while they were fulfilling their work duties for the client. 

So the final answer to this question is: YES! You need insurance for your business! No matter how big or how small, you absolutely need to cover your company, clients, and self, under the safe cloak of insurance.

After we explained this to the business owner, they hopped onto the insurance policy and are now covered. For just $35 a month, they have 1M liability coverage, and no longer need to fear the unknown. 

Don’t allow yourself to be surprised by this when it’s too late, contact a specialist now by calling us at (765)-644-8847 or emailing quotes@howardwebbins.com.

Article written by contract writer and digital media coordinator: Candace Cox. You can reach her at socials@howardwebbins.com or candacecox96@gmail.com.