How much does janitorial insurance cost?

Janitorial companies pay an average of $50 per month, or $603 per year, for general liability insurance.

A general liability policy helps pay for legal fees if a client slips on a wet floor, or if a janitor 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 janitorial businesses that buy from Insureon:

Premium: $50 per month
Policy limits: $1 million per occurrence; $2 million aggregate

For small cleaning businesses that have a physical location, our insurance agents recommend a business owner's policy, which bundles general liability insurance with commercial property insurance at a discount to protect your building and its contents.

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

Janitorial businesses pay an average of $143 per month, or $1,711 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, a janitor could slip and fall on wet floor and break a bone.

Typically, state laws require janitorial 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 to pay expenses out of pocket.

Most workers' compensation policies include employer's liability insurance, which provides protection in case a janitor sues over a work injury.

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

The average cost of a janitorial bond is $11 per month, or $126 annually, for janitorial 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 a janitor 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. 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.

Janitorial companies pay an average of $165 per month, or $1,979 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 janitorial 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.

Janitorial companies that are small and have few risks are often eligible for a business owner's policy. They pay an average premium of $76 per month, or $908 per year, for a BOP.

A business owner's policy is the best way for janitorial businesses that have a building or office to protect themselves against common third-party lawsuits and damage to your building or its contents. It bundles both general liability coverage and commercial property insurance together at a lower cost than buying these policies separately.

If your business doesn't have a physical location, you can instead add business personal property (BPP) coverage to your general liability policy, or contractor's tools and equipment insurance to cover items that travel to jobsites.

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

Insurance premium: $76 per month
Policy limits: $1 million per occurrence; $2 million aggregate
Deductible: $500

You can often add business interruption insurance to a BOP, which covers day-to-day operating expenses and other costs if your janitorial 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 building and cleaning equipment, along with the same factors that affect your general liability premium, such as your type of business and its size.

Janitorial businesses pay an average premium of $67 per month, or $808 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 policy, 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.