Your Business Needs Self-Service Laundromat Insurance

Operating a laundromat can be a financially rewarding experience, but like most businesses, there are risks and exposures you must consider as well as the need for a plan to deal with issues of safety and risk management. A great deal might be at stake should anyone become seriously injured on the premises, and therefore you need to make sure that you’re properly protected with Self-service laundromat insurance.

Laundromats are viewed as a friendly neighborhood business frequented by locals, often single people without laundry facilities at their residence. Families unable to afford a washer and dryer also look to these havens, as well as anyone that owns a washing machine currently in need of repair. Finding the right location is an important part of the success or failure of any business, so be smart and do a little research before settling on a property.

Research can help determine if the neighborhood is safe

Some neighborhoods are safer than others. Employing a security guard might be worth your while, especially during evening hours. With various people coming and going on a daily basis your concerns are real. Having security cameras that monitor what goes on during business hours will also help by making recordings available so that, if an incident does occur, you’ll be able to give more details of what happened to authorities.

Operating within a safe environment is equally crucial, since there may be the possibility that someone could be hurt by equipment, or safety concerns like uneven flooring. Children tend to run around, which increases the likelihood of trips and falls that could lead to serious injuries. Also, touching the inside of a hot dryer could lead to someone being badly burned.

Posting signs is one good way to make people aware that certain activities (such as running and horseplay) are not permitted. Even with careful planning and the best of intentions, most laundromat owners will experience issues due to some form of mishap or injury taking place while running a business of this type. Most insurance companies offering Self-service laundromat insurance coverage are able to provide you with a policy at competitive prices, but they really need to analyze each unique situation in order to ensure that owners are getting the protection they need.

Safety, Maintenance and Laundromat Insurance

One thing that every owner of a coin-operated laundromat should make his or her top priority is safety. After all, the locals who utilize your business depend on you to ensure that they don’t become victims of an injury caused by faulty equipment or other unsafe conditions. Maintaining a safe and secure environment not only benefits employees and customers, but as a laundromat owner, it can impact your bottom line.

You’ll need plenty of Laundromat insurance to help pay costs associated with any liability issues. By properly maintaining and securing your store, you’ll not only protect your assets and profits, but you’ll also keep your customers and employees happy and secure while making sure your store is operating at its full potential.

Regular maintenance is essential

Keeping your laundromat as safe as possible will minimize the possibility of insurance claims, so be sure to inspect your facility for existing problems on a regular basis and be sure to fix any issues brought to your attention immediately. This includes both, the inside of your facility, as well as the outside of the building. As a laundromat owner you can prevent the likelihood of insurance claims by operating your coin laundry properly.

Wet floors are the cause of many slips, trips and falls. This can also occur outside the walls of the laundry due to cracks, potholes, or uneven pavement. While you may only be renting the premises, you could still be held liable for injuries customers might incur while entering or leaving your commercial laundry. If you notice problems outside of your store needing the landlord’s attention, be sure to immediately notify the property owner, and keep copies of all correspondence including package delivery receipts, or confirmations from certified letters.

This industry has experienced some high-profile accidents resulting from issues like safety door locks on machines not operating properly. These types of incidents could result in loss of limbs and other serious consequences. No frontload washer door should ever open while the washer is in cycle and no top load washer should ever continue in cycle upon lifting of the lid (all lid switches must be kept in proper working order).

Don’t risk everything you’ve worked so hard for by not keeping everything in tip-top condition. Laundromat insurance is better served by taking care of necessary repairs in order to avoid unnecessary lawsuits.

Liability Issues and Laundromat Insurance

There are several liability issues that surround owning and operating a laundromat. Obviously the owner is likely to be held responsible if anyone is injured while on the premises, especially in cases where a person is the victim of something that occurs as a direct result of using the equipment, or if there are hazards present for which the owner should have been aware and taken the steps to remove the hazard, as well as post signs to warn customers of any potential dangers.

 

In short, the owner or operator of a laundromat is liable for injuries to people that were caused by the owner’s negligence. The owner has a duty to keep the laundromat reasonably safe and can only benefit from having the necessary laundromat insurance to protect the business if ever involved in what could result in a costly lawsuit. To be liable, the owner must, of course, be negligent in some way. For example, by failing to inspect and maintain a washing machine with a history of problems, the owner would be liable for injuries caused by the machine.

 

The Importance of abiding to local regulations

 

Some states regulate laundromats to ensure that the premises are clean, kept well lit, and properly ventilated. Some states also require that an attendant be present during business hours. Whether or not a laundromat complies with the regulations will likely have an affect on its liability.

 

Some common injuries that occur at laundromats

 

Common injuries include:

 

  • Slip and fall accidents from wet floors

 

  • Dangerous conditions due to poor lighting

 

  • Electrical shock from loose wires, and

 

  • Getting hands or fingers caught in defective machines

 

Damage to property of customers

 

By opening the laundromat for business, the owner is representing that the machines are fit, suitable, and safe for washing. If the machines do not work correctly then the owner has a responsibility to make that known or correct the problem, or otherwise be liable for any damage to clothing or other personal belongings.

 

Running a safe business is not always an easy task, but it is paramount to its success, and laundromat insurance is a cornerstone to safety. Speak to an agent about any and all available coverages.

 

photo credit: mugley cc