Commercial insurance options
Or, quote another product
Laundromat Insurance
Protect your business with customized laundromat insurance
This coverage provided and serviced by affiliated and third-party insurers.. Read more
Personalized laundromat insurance for your business
Laundromats rely on working machines, steady customer traffic, and smooth day-to-day operations. When something goes wrong, even a small issue can interrupt service or lead to costly repairs. Laundromat insurance supports your business by managing risks tied to equipment, space, and the public. Coverage can apply to washers and dryers, folding tables, payment systems, cleaning supplies, and other essentials.
Progressive Commercial offers customized coin laundry insurance. Start an online quote or call one of our experts to get connected with coverage that fits the way you work.
What is laundromat insurance?
Laundromat insurance is business insurance designed for coin-operated laundry and self-service operations. Depending on your policy, it can address risks like customer injuries, equipment damage, fire, theft, and water damage. Many businesses choose a mix of coverages, such as general liability, workers' compensation, and commercial property.
Why laundromat insurance is important
Laundromat insurance is important because these businesses face unique risks related to heavy equipment, frequent customer use, and plumbing or electrical issues. Slippery floors, machine malfunctions, and water leaks can lead to repairs, downtime, and liability claims. Having the right coverage in place could help you manage the financial impact of these situations so you can recover more quickly.
You may also need insurance to satisfy lease terms, loan agreements, or other business contracts. You could even have to show a certificate of insurance (COI) as proof of coverage. Having protection in advance can make it easier to seize opportunities and grow your business safely.
Who needs laundromat insurance?
Laundromat insurance can support many different types of laundry businesses, including:
- Coin-operated laundromats
- Wash-and-fold businesses
- Dry cleaners
- Laundry pickup and delivery companies
- Commercial laundry operations
- Professional linen services
Whether you're a sole proprietor with a single coin-operated laundromat or an LLC with several full-service locations, Progressive Commercial can help you find insurance that fits your business.
Types of laundromat insurance
Laundromats may need more than one type of insurance. The right combination can help you recover from accidents, equipment breakdowns, employee injuries, and other unexpected events. Take a close look at your operations and consider the following protections.
General liability (GL)
Protects against customer injuries and property damage
General liability (GL)
Protects against customer injuries and property damage
General liability insurance helps cover your business if someone gets hurt or their property is damaged because of your laundromat. It can also apply to personal and advertising injury claims, such as libel, slander, or misleading advertising, along with legal costs if someone sues your business. Learn more about the benefits of general liability insurance and how much GL coverage costs.
Example: A malfunctioning washing machine damages a customer's load of expensive clothing. General liability insurance can help pay for the cost to replace the damaged items and cover legal expenses if the customer files a lawsuit.
Business owners policy (BOP)
Combines liability and property coverage in one policy
Business owners policy (BOP)
Combines liability and property coverage in one policy
A business owners policy combines liability and commercial property coverage in a single policy. It can help protect your building, machines, furniture, point-of-sale systems, supplies, and other business property if they're damaged by covered events, like fire, theft, or vandalism.
Many BOPs include business interruption which can help replace lost income if your laundromat needs to temporarily close after a covered loss. You can also add other BOP coverages to your policy, such as employment practices liability (EPLI) or tools and equipment coverage.
Example: A fire damages your walls and machines, forcing you to close for repairs. A BOP can help pay to replace damaged equipment and cover lost income while you get back on your feet.
Equipment breakdown
Helps minimize disruption if washers and dryers break
Equipment breakdown
Helps minimize disruption if washers and dryers break
Laundromats rely on expensive washers, dryers, boilers, water heaters, and vending machines every day. Equipment breakdown coverage can help pay for repairs or replacement if key equipment stops working because of a mechanical or electrical failure.
Example: A power surge after a lightning strike damages the electronics inside a bank of dryers, and you need to take several machines out of service during a busy weekend. Equipment breakdown coverage can help pay for repairs and lost income while the machines are offline.
Commercial auto
Protects vehicles used for delivery and other operations
Commercial auto
Protects vehicles used for delivery and other operations
Commercial auto insurance starts with basic vehicle liability protection for injuries and damage you cause others in an accident. For additional protection, you can opt for other commercial auto coverages in case company vehicles are damaged, stolen, or vandalized. Auto insurance can be especially important for laundry pickup and delivery companies, dry cleaning routes, and commercial laundry operations that rely on vans, trucks, or other vehicles every day.
Example: One of your employees is involved in an accident while delivering laundry to a customer. Depending on your coverage choices, commercial auto insurance can help pay for vehicle repairs, medical bills, and damage to the other cars involved.
Workers' compensation
Supports employees with work-related illnesses or injuries
Workers' compensation
Supports employees with work-related illnesses or injuries
Workers' compensation insurance can help cover medical expenses, lost wages, and rehabilitation costs if an employee gets hurt or sick because of their work. Laundromat employees may lift heavy laundry bags, move or clean around machines, and work near heat, chemicals, and wet floors.
Most states require businesses with employees to carry workers' compensation insurance. Explore workers' comp rules where you operate and see how much workers' comp costs.
Example: An employee strains their shoulder while lifting large laundry bags into a cart. Workers' compensation insurance can help cover their medical care and lost wages.
Cyber
Safeguards customer data and software
Cyber
Safeguards customer data and software
Cyber insurance can help protect businesses against digital attacks, ransomware events, or data breaches. Many modern laundromats use apps, software, and other technology for payments and customer subscriptions. These systems can be targets for cyber attacks, so carrying coverage may be a good idea.
Example: A hacker gains access to your customer payment system and steals credit card information. Cyber insurance can help pay for customer notifications, legal costs, and data recovery.
Business hours and staffing can affect your coverage
Unattended laundromats can increase certain risks. Locations without staff may be exposed to more issues like vandalism, machine misuse, customer injuries, and equipment problems. If your laundromat operates without on-site employees, make sure your policy reflects your hours and setup so your coverage matches how your business runs.
How much does laundromat insurance cost?
Your business insurance rate is based on the risks you face. For example, a small laundromat with a few washers and dryers will probably have a lower premium than a local chain with more equipment. The services you offer can also have an effect. Other common factors that affect laundromat insurance cost include:
- Property size
- Location(s)
- Employees
- Equipment value
- Coverages
- Claims history
- Deductibles
- Insurance limits
Adding protection for your vehicles can also change what you pay. The cost of commercial auto insurance depends on things like how many vehicles you have, your driving history, and travel radius. You can save on your auto policy with vehicle insurance discounts.
The best way to find out how much you'll pay is to get a customized quote with Progressive Commercial. You can compare your options and see your expected rate in minutes.
Laundromat insurance through Progressive Commercial
Progressive Commercial has more than 50 years of experience supporting business owners like you. We offer flexible coverage options for laundromats and coin laundry businesses. Whether you own a single location or multiple stores, we can help you find a policy that meets your needs and budget.
Get a free online quote today or call to speak with one of our specialists about customized laundromat insurance.
More information
