Pressure Washing Contractors Insurance Michigan Policy Information
Pressure Washing Contractors Insurance Michigan. Pressure washers provide an incredible service for their clients. They can make virtually any surface come clean, thanks to the incredibly powerful equipment that they use and the techniques that they employ. Given the helpful services that MI pressure washers provide, it's no wonder why contractors in this industry usually do very well.
Power washing contractors clean the exteriors of buildings, structures, or other objects by shooting pressurized water against their surfaces to remove dirt, dust, loose paint, mildew or mold. Some pressure washers have detergents added to the water stream, either from the water holding tank or as the water leaves the pump. Operations are generally conducted off premises at job sites.
If you're thinking about becoming a pressure washer contractor, there are a lot of things that you need to take into consideration and tend to before you get your business up and running. Of all of those things, insuring your business - with the right pressure washing contractors insurance Michigan - is one of the most important things you need to take care of.
Pressure washing contractors insurance Michigan protects your power washing business from lawsuits with rates as low as $67/mo. Get a fast quote and your certificate of insurance now.
Why Insurance Needed For Pressure Washing Contractors?
MI pressure washer contractors work with pretty powerful equipment. The high-powered machines that they work with turn water into a powerful force that can remove mold, mildew, paint, and even concrete from surfaces. These businesses often provide their pressure washing services to a variety of clients and work on various types of surfaces; plus, they may have a commercial space that they work out of and employ a crew, too.
Despite all of the efforts that you make to ensure that you are using the safest strategies and that you are providing the best services, mishaps can still happen. A member of your crew could shatter windows while pressure washing the side of a building, or someone could trip and fall over your equipment while you're in the middle of performing a service, for example.
When these types of incidents happen, you are responsible for any damages. You also have to consider the fact that someone could file a lawsuit against you at any time; for instance, someone might allege that you failed to complete a service you said you would provide. Whether or not that is the case, the cost of hiring a legal team to defend you could be astronomical.
If you are faced with incidents like these - or others - you could end up in serious financial trouble. The cost of repairing damages, medical bills, and legal fees is exorbitant, to say the least, and having to pay for these expenses out of your own pocket can potentially bankrupt you. With the right pressure washing contractors insurance Michigan, however, you can avoid the financial turmoil because instead of paying these expenses out of your own pocket, your insurance company will help to cover the cost.
With the right insurance, however, you can avoid the financial turmoil because your carrier would help to cover these types of expenses. In other words, insurance safeguards you from financial devastation, which is exactly why it is one of the most important investments you can make for your MI pressure washing business.
What Insurance Policies Do Power Washing Contractors Need?
There are several factors that will affect the type of insurance that pressure washing contractors need to carry. These factors include the zip code that they operate their business from, the size of their company, and the specific types of services they provide. However, with that said, there are specific forms of coverage that all MI power washers need, no matter what the nature of their business may be:
- Commercial General Liability - If a client sues your business alleging that you damaged their property while you were pressure washing, whether or not you did, you will incur some hefty fees. The cost of hiring a legal defense team in and of itself is astronomical; add to that the fact that you may be held liable for the damages and have to cover the cost of the repairs and possibly additional damages and you could be in serious trouble. Commercial generally liability insurance will protect you from this type of situation, and other similar scenarios, however, because it offers protection for third-party injury and property damage claims.
- Commercial Equipment - As a power washing contractor, you rely on a lot of equipment to get the job done, and it probably cost you a pretty penny, too. Plus, you move it around from location to location; it's stored at your shop, it's transported in your commercial vehicles, and it's on the job site, too. No matter where your equipment may be, if it's damaged or stolen, commercial property insurance will pay to repair or replace it.
- Workers Compensation - If you employ a crew of 20 people or you only have 2 employees working for you, you're also going to need to invest in workers comp insurance. If an employee suffers an on-the-job injury or illness, the provider of this type of policy will cover the cost of any necessary medical care, as well as wages the employ loses while he or she is unable to work, and any lawsuits that may be filed against you.
- Commercial Auto - Even if you have a personal auto insurance policy, you're still going to need to carry commercial auto insurance. Why? - Because your personal policy excludes vehicles that are used for things that are related to business. If you or an employee is involved in an accident while traveling to a job site, this type of coverage will pay for any damages that may occur.
The above-mentioned policies are just some of the types of coverage that power washers should carry. Again, you might need to invest in additional coverage, too, in order to properly safeguard your business. To find out exactly what type of Pressure washing contractors insurance Michigan coverage you need and how much you should carry, speak to a broker that understands your business and its risks.
MI Power Washers Risks & Exposures
Premises liability exposure at the contractor's office is generally limited due to lack of public access to the premises. Equipment stored in an open yard may present an attractive nuisance to children and other trespassers. At job sites, power washing can be a hazard to passersby, parked vehicles and nearby structures due to the high water pressure near the nozzle.
The area of operation should be restricted by barriers and proper signage for protection against falling objects, slips and falls. Dirt and other material sprayed off during the operation may contain toxic chemicals.
Power washing operations are also loud, generating a nuisance hazard. Equipment and scaffolding left unattended at the jobsite is an attractive nuisance so access by children must be prevented.
Completed operations liability exposures may result from hidden damage to the integrity of the surfaces the insured works on, such as the removal of more surface material than intended. The pressurized water may enter cracks and weaken the structure. Claims may arise from failure to use the correct type of cleanser, the wrong cleaning agent, or washing at the wrong angle or pressure.
Environmental impairment liability exposures may arise from the waste generated in the power washing process. Any job will entail stripping away of grime and other debris from the objects cleaned. Allowing waste to accumulate either at the job site or in the contractor's yard could cause a severe environmental impairment situation. The insured must use safe methods to collect, transport, and dispose of the waste.
Workers compensation exposures can be very high. The force of the overspray from power washing can result in abrasions and eye injuries. Dust can be silica-based, which can cause incurable lung injury or disease. Cumulative exposure to high-decibel operations may result in permanent hearing impairment. When work is done on ladders, cherry pickers and scaffolds, there is a potential for severe injury or death from falling, being struck by falling objects, or adverse weather conditions.
The absence of good maintenance of scaffolds, proper use of basic safety equipment, such as properly installed guards, steel-toed and non-skid shoes, safety belts, as well as hearing and eye protection, along with strict enforcement of safety practices may indicate a morale hazard.
Back injuries, hernias, sprains and strains can occur from lifting and from setting up scaffolding and machinery. Workers may be injured in auto accidents during transportation to and from job sites.
Property exposures at the contractor's premises are usually limited to an office and storage of equipment, supplies, and vehicles. If detergents used in the cleaning process are flammable or reactive, they must be properly labeled, separated, and stored in approved containers, cabinets, and rooms to reduce the potential for fire or explosion. There may be a garage area for vehicles transporting equipment and crew to job sites. Property stored outside may be a target for vandalism.
Crime exposures are from employee dishonesty, including theft of customers' goods. Background checks, including criminal history, should be obtained on each employee prior to hiring. Ordering, billing, and disbursement should be handled as separate duties with reconciliations occurring regularly. There should be appropriate procedures in place when employees accept payments off site.
Inland marine exposures include accounts receivable if the contractor offers credit to customers, contractors' equipment for supplies and equipment taken to customers' premises, and valuable papers and records for customers' and suppliers' information. Equipment may be subject to loss from theft, collision, overturn, and abrasive damage from overspray during operations. Scaffolding left on the jobsite overnight may be vandalized or stolen.
Business auto exposure generally includes driving to and from clients' premises with crew, equipment and supplies. Specialized vehicles, such as cherry pickers, or hauling large scaffolding may necessitate oversized or unsteady loads, with a high potential for collision or overturn. All drivers must be well trained and have valid licenses for the type of vehicle being driven. MVRs must be run on a regular basis. Random drug and alcohol testing should be conducted. Vehicles must be well maintained with records kept in a central location.
MI Pressure Washing Contractors Insurance
The most important thing you can do for your business is protect is income and assets, and the best way to do that is with the right type of pressure washing contractors insurance Michigan coverage.
Michigan Economic Data And Business Insurance Requirements
Business owners who are interested in establishing operations Michigan must have a thorough understanding of the state's economy. They should also familiarize themselves with any regulations and limits that state may have in place for commercial insurance.
Any entrepreneur who is thinking about starting a business in the Great Lake State first needs to determine if it's a feasible location for business operations. As such, it's important to have a keen understanding of pertinent details regarding the economy of Michigan, in addition to the types of insurance coverage that are mandatory for corporations that operate within the state.
Economic Trends for Businesses In Michigan
After a long period of stagnant job growth in the early part of the 21st century, MI has been experiencing a steady increase in employment gains. Between 2009 and 2018, the state has enjoyed a period of uninterrupted job growth; the longest stretch of job growth since World War II. According to economists at the University of Michigan. While there has been a slight decline in the rate of job growth, job creation continues and forecasters say will continue for the next two years, into 2021.
In 2018, an estimated 55,200 jobs were created; in 2019, it's expected that 35,800 jobs will be created, and in 2020, economists believe that there will be a total of 39,300 jobs created in Michigan. While that rate of growth is 1.9 percent slower than the job growth rate between 2011 and 2016, it is still a steady increase overall. In total, approximate 683,200 jobs will be created in MI between 2099 and 2020; almost four out of the five jobs that were lost during the early part of the 21st century will be recovered.
While the unemployment rate has steadily improved, it is still above the national average. In March of 2019, the national unemployment rate was 3.8 percent, while in the state of Michigan, it was 4.0 percent. Mid-Michigan has experienced the largest growth rate in the state, and according to forecasters, it looks like that trend will continue, moving forward. Industries that are expected to see the most growth include:
- Energy, due largely to research and development in clean energy
- Food and agriculture
- Transportation and mobility
- Healthcare industry
- Information and technology
In the state of MI, business owners are not legally required to carry liability insurance; but most entrepreneurs opt to invest in a General Liability or Business Owner's Policy (BOP). A commercial auto insurance policy is also required for any businesses that use motor vehicles to conduct any aspect of their business operations. Workers' compensation insurance is also required for any businesses with non-owner employees. While the following forms of coverage are not required, depending on the type of business you operate, they are recommended:
- Data breach insurance
- Business income insurance
- Commercial Umbrella insurance
Additional Resources For Contractors & Home Improvement Insurance
Learn about small business contractor's insurance, including what it covers, how much it costs - and how commercial insurance can help protect your contracting business from lawsuits.
- Air Conditioning Systems Installation Repair
- Appliance Repair & Service
- Blacksmith & Metal Workers
- Boat Repair & Dry Docks
- Boiler Contractors
- Builders Risk
- Building Cleaning & Maintenance Services
- Cabinet Installer
- Cable And Satellite TV Installer
- Chimney Sweep
- Cistern Contractors
- Contractor Liability
- Curtain Cleaners
- Deck Builders
- Door And Window Installers
- Dryer Vent Cleaning
- Drywall Contractor
- Electrical Contractors
- Environmental Remediation Contractors
- Fence Installation
- Fire Sprinkler Contractors
- Fire & Water Restoration Contractors
- Flooring Contractor
- Furniture Repair
- Garage Door Installer And Repair
- General Contractors
- Glass Contractor
- Glazier Insurance
- Gutter Installation And Repair
- House Cleaning
- HVAC Contractor
- Insulation Contractor
- Janitorial Cleaning Services
- Lawn Care
- Lawn Irrigation Sprinkler System Installation
- Oil And Gas Well Drilling Contractors
- Paperhanging Contractors
- Plastering And Stucco Contractor
- Pressure Washing Contractors
- Propane And Fuel Dealers
- Rug, Upholstery & Carpet Cleaning
- Sandblasting Contractors
- Security Alarm
- Septic Tank Cleaning
- Siding Contractor
- Sign Installation & Repair
- Solar Panel Installers
- Snow Plow
- Stone And Tile Installer
- Surety Bonds
- Swimming Pool Contractor
- Swimming Pool Service And Maintenance
- Tool Grinding And Repair
- Tree Surgeon
- Tree Trimming
- Tank Cleaners
- Upholstery Shop
- Waste Haulers & Garbage Collection
- Water Well Drilling
- Welding Contractor
- Wildlife & Pest Control
- Window Cleaning
A contractor that wants to begin or stay in business, liability coverage must be obtained for the premises or operations, off-site locations and products/completed operations exposures. These coverages may be included as a part of a businessowners policy (BOP) or purchased in a commercial general liability (CGL) policy. Owners and contractors protective liability and railroad protective liability coverages may also be required in certain cases in order for a contractor to obtain a particular job.
Physical damage coverage for tools, supplies and equipment, both on and off the contractor's premises, is a concern. Liability exposures at the premises of the contractor, and at the premises of the contractor's customer, must be properly addressed along with completed operations. Business insurance is very important as is workers compensation insurance protection for employees.
Contractors may work under a general contractor as a subcontractor in larger construction projects - like a new commercial site or residential subdivision. They can work on smaller projects directly with a home owner, usually specializing in renovations or remodels.
In business insurance speak, often called 'artisan contractors' or 'casual contractors', they are involved in many aspects of construction and contracting work – and include various trades and skills. Carpenters, painters, plumbers, electricians, roofers, tree trimmers, landscaping are just a few examples. They may do roofing, fencing, drywall, tile work and many other trades that involve skilled work with tools at the customer's premises.
An artisan contractor performs a single trade or job, and each has its own specialized liability needs with its own exposures to risk and accidents. Contractors liability insurance can offer coverage for bodily injury, property damage, advertising injury and medical payments.
Most artisan contractors should have commercial general liability at the very least, but many need broader coverages - like an umbrella to increase their limits of liability, inland marine policy to protect their tools, workers compensation if they have employees, and even commercial auto if they use vehicles for business purposes.
Minimum recommended small business insurance coverage: Business Personal Property, Employee Dishonesty, Contractors' Equipment and Tools, General Liability, Employee Benefits Liability, Umbrella Liability, Automobile Liability and Physical Damage, Hired and Non-owned Auto & Workers Compensation.
Other commercial insurance policies to consider: Building, Business Income with Extra Expense, Earthquake, Flood, Leasehold Interest, Real Property Legal Liability, Accounts Receivable, Builders Risk, Computers, Goods in Transit, Installation Floater, Valuable Papers and Records, Cyber Liability, Employment-related Practicesand Stop Gap Liability.
Request a free Pressure Washing Contractors Insurance Michigan quote in Adrian, Allen Park, Allendale, Ann Arbor, Auburn Hills, Battle Creek, Bay City, Berkley, Beverly Hills, Big Rapids, Birmingham, Burton, Cadillac, Clawson, Coldwater, Cutlerville, Dearborn, Dearborn Heights, Detroit, East Grand Rapids, East Lansing, Eastpointe, Escanaba, Farmington, Farmington Hills, Fenton, Ferndale, Flint, Forest Hills, Fraser, Garden City, Grand Haven, Grand Rapids, Grandville, Grosse Pointe Park, Grosse Pointe Woods, Hamtramck, Harper Woods, Haslett, Hazel Park, Highland Park, Holland, Holt, Inkster, Ionia, Jackson, Jenison, Kalamazoo, Kentwood, Lansing, Lincoln Park, Livonia, Madison Heights, Marquette, Melvindale, Midland, Monroe, Mount Clemens, Mount Pleasant, Muskegon, Muskegon Heights, New Baltimore, Niles, Northview, Norton Shores, Novi, Oak Park, Okemos, Owosso, Pontiac, Port Huron, Portage, Riverview, Rochester, Rochester Hills, Romulus, Roseville, Royal Oak, Saginaw, Sault Ste. Marie, South Lyon, Southfield, Southgate, St. Clair Shores, Sterling Heights, Sturgis, Taylor, Traverse City, Trenton, Troy, Walker, Warren, Waverly, Wayne, Westland, Wixom, Woodhaven, Wyandotte, Wyoming, Ypsilanti and all other MI cities & Michigan counties near me in The Great Lakes State.
Also find MI local small businesses by General Liability Class Code and learn about Michigan small business insurance requirements for general liability, business property, commercial auto & workers compensation including MI business insurance costs. Call us (313) 344-7177.