Boardwalk Insurance Group | Auto, Home, Commercial, Life and Health Insurance for Residents and Companies in the United States

Archive for May 2011

Insurance for Laundromats 4.50/5 (90.00%) 2 votes

If you own or operate a laundromat, you need the right insurance coverage with the right insurance company.

There are many potential losses that can arise within your location so it’s important you have, at minimum, coverage for the following:
•    Personal Property of Others Coverage for damage to customer’s clothing
•    Equipment Breakdown Coverage for damage to your washing machines and dryers
•    Employment Practices Liability Coverage for suits alleging discrimination, wrongful termination or sexual harassment
•    General Liability Coverage for ancillary exposures such as arcade games, vending machines or food sales
•    Loss of Income Coverage when operations are impaired or halted
•    Non-owned Automobile Coverage when an employee uses their personal auto in your business

Boardwalk Insurance Group, through it’s various brokers and insurance companies can provide laundromat owners with an insurance policy with the following features:
•    No General Liability Deductible
•    Accounts Receivable – $25,000
•    Arson Reward – $5,000
•    Electronic Data – $25,000
•    Employee Dishonesty – $5,000
•    Fine Arts – $25, 000
•    Fire Department Service Charge – $2,500
•    Fire Extinguishing Equipment Recharge – $5,000
•    Money and Securities – $5,000
•    Outdoor Property – $10,000
•    Personal Property of Others up to Contents Limit
•    Property in Transit – $10,000
•    Property Off-Premises – $15,000
•    Signs – $10,000
•    Valuable Papers & Records – $25,000
•    Water Back Up at Sewer, Drain or Sump – $5,000

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