How much does pool service & spa cleaning business insurance cost?

Pool cleaning companies pay an average of $67 per month, or $800 per year, for general liability insurance.

A general liability policy helps pay for legal fees if a homeowner trips on one of your skimmers and injures themselves, or if a pool cleaner accidentally damages a client's property. It also covers advertising injuries, which include slander, libel, and copyright infringement.

This is the average general liability insurance policy for pool cleaning businesses that buy from Insureon:

Insurance premium: $67 per month
Policy limits: $1 million per occurrence; $2 million aggregate

The cost of general liability insurance depends on factors such as the coverage limits you choose, the size of your business, the type of swimming pool services you provide, and any subcontractors or additional insured endorsements. Learn more about how your premium is calculated.

Cleaning companies that are small and have few risks are often eligible for a business owner's policy (BOP). For these eligible cleaning businesses, the average premium for a BOP is $76 per month, or $907 per year.

A business owner's policy is the best way for pool cleaning business owners to protect themselves against the most common third-party lawsuits and business property damage. It bundles both general liability coverage and commercial property insurance together at a lower cost than buying these policies separately.

This is the average business owner's policy for cleaning businesses that buy from Insureon:

Insurance premium: $76 per month
Policy limits: $1 million per occurrence; $2 million aggregate

You can often add business interruption insurance to a BOP, which covers day-to-day operating expenses and other costs if your pool and spa cleaning business is forced to close temporarily due to a fire or other covered property claim.

The cost of a business owner's policy depends on the value of your pool cleaning equipment and other property, along with the same factors that affect your general liability premium, such as your type of business and its size.

Cleaning businesses pay an average of $136 per month, or $1,627 annually, for workers' compensation insurance.

Workers' comp insurance covers medical expenses and disability benefits when you or an employee suffers a work-related bodily injury or illness. For example, an employee could inhale dust and grime at a job site and get sick.

Typically, state laws require pool cleaning businesses that have employees to carry this type of coverage.

It's also recommended for sole proprietors and independent contractors, as health insurance plans can deny claims when an injury or illness is related to your job, leaving you with medical payments.

Most workers' compensation policies include employer's liability insurance, which helps pay for defense costs in case an employee sues over a work injury.

The cost of workers' comp depends on your business's location and the number of employees, among other factors.

Cleaning companies pay an average of $173 per month, or $2,075 per year, for commercial auto insurance.

A commercial auto policy can pay for property damage and medical bills in an accident involving a vehicle owned by your pool cleaning company. It can also cover vehicle theft, vandalism, and weather damage.

Most states require this type of insurance for vehicles owned by a business. For personal, rented, and leased vehicles used for work purposes, look to hired and non-owned auto insurance (HNOA) instead.

The cost of commercial car insurance depends on several factors, including the policy limits you choose, claims history, the value of your business vehicle(s), and the driving records of anyone permitted to drive.

Cleaning businesses pay an average premium of $67 per month, or $801 per year, for commercial umbrella insurance. This policy can offer the extra coverage you need to satisfy a client's requirements for higher limits on another underlying policy.

Umbrella insurance boosts the protection of your general liability insurance, commercial auto insurance, and employer's liability insurance in $1 million increments. When a claim exceeds the limits of the underlying insurance product, umbrella insurance kicks in to provide coverage.

The cost of umbrella insurance depends on your risks and on how much coverage you buy. You need to buy a certain amount of underlying coverage before you can buy umbrella insurance.

The average cost of a janitorial bond is $11 per month, or $126 annually, for cleaning companies. You might need this bond in order to sign a contract with a client.

Janitorial bonds are a type of surety bond, also called employee dishonesty coverage. If an employee steals from a client's property, the insurance company will reimburse the client for their loss. Unlike a typical insurance policy, you must pay this amount back to the insurer.

When you carry a bond, customers know they can trust your company to protect them against this type of financial loss. In fact, some customers may choose only to hire bonded and insured commercial cleaning companies.

The cost of a surety bond depends on how much coverage you buy, as it's a percentage of the total bond amount. This is also true for fidelity bonds, which are a type of surety bond.