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UK Floor Cleaning Forum => Carpet Cleaning Forum => Topic started by: wayne zabel on October 20, 2009, 07:49:47 pm

Title: Insurance costs for a newbie
Post by: wayne zabel on October 20, 2009, 07:49:47 pm: Can anyone tell me what I should expect to pay for insurance as a newbie.

Had a quote from a company in Birmingham of about £250,but was speaking to a guy local to me who says he pays about £99 through HSBC
Title: Re: Insurance costs for a newbie
Post by: daysdeepclean on October 20, 2009, 07:58:10 pm: Direct line £50 for my first year (Public Liability only though)
Title: Re: Insurance costs for a newbie
Post by: Steve Barnett (Carpet Care Plus) on October 20, 2009, 08:07:41 pm: No Treatment Risk insurance Col ? ???
Title: Re: Insurance costs for a newbie
Post by: Adam Fearnley on October 20, 2009, 08:18:24 pm: I'm fairly new, I pay £88 throught HSBC, includes treatment risk, try them.
Title: Re: Insurance costs for a newbie
Post by: wayne zabel on October 20, 2009, 08:25:03 pm: I'm a bit confused here,presumably public liabiliy insurance wont pay for a damaged carpet or suite but just cover accidents in the house ect,is this the case.

Adam does your policy cover damaged carpets ect?
Title: Re: Insurance costs for a newbie
Post by: FREEMANSCLEANING on October 20, 2009, 09:17:01 pm: mine is £28 per month .............................. 5 million liabilty and 5,000 risk treatment
Title: Re: Insurance costs for a newbie
Post by: daysdeepclean on October 20, 2009, 09:18:15 pm: Quote from: Steve Barnett (Carpet Care Plus) on October 20, 2009, 08:07:41 pm
No Treatment Risk insurance Col ? ???

Not in the first year, wasn't aware it existed to be honest!
Title: Re: Insurance costs for a newbie
Post by: Ricky M on October 20, 2009, 09:47:10 pm: 5 million public , £250 k treatment risk £40k tool/van cover £310 ish per year
Title: Re: Insurance costs for a newbie
Post by: elliott cleaning on October 20, 2009, 09:55:00 pm: Vastly varying premiums above :o Can't honestly believe that anything under £100 can cover anything more than public liability. As for having 250k treatment risk included for £310, I'd be interested to know which insurers offer that. Not that I can imagine any carpet cleaner requiring that sort of level and thus amazed that anyone offers this.
Title: Re: Insurance costs for a newbie
Post by: daysdeepclean on October 20, 2009, 10:06:16 pm: Elliot, Check HSBC out then! You can get the lot for £88 ish!
Title: Re: Insurance costs for a newbie
Post by: wayne zabel on October 21, 2009, 08:36:05 am: Ok guys as a newie can I ask what you mean by treatment risk?
Title: Re: Insurance costs for a newbie
Post by: gwrightson on October 21, 2009, 08:42:00 am: Wayne ,
treatment risk the insurance you need to work on custys carpets suites etc, if you dont have this it could cost you alot of money some where along the line.

public liability does not cover any work you are doing.

I Cant believe that some dont have treatment risk.

nfu pretty good for all aspects, not sure what ty cost is of the top of my head, but not expensive

Geoff
Title: Re: Insurance costs for a newbie
Post by: richy27 on October 21, 2009, 09:12:13 am: cheapest is not always the best i pay 250 includes treatment risk. covers me for pub liability, equipment also.
Title: Re: Insurance costs for a newbie
Post by: Andrew Briscoe on October 21, 2009, 10:37:43 am: I pay £1250 for public liability 5m employers liability 10m, full treatment risk, have 8 staff, also tools covered.

Andrew
Title: Re: Insurance costs for a newbie
Post by: Adam Fearnley on October 21, 2009, 10:59:13 am: Yes £88 for PL up to £2 million and treatment risk, but no tools cover. HSBC
Title: Re: Insurance costs for a newbie
Post by: clinton on October 21, 2009, 02:15:58 pm: Always found the hsbc a good deal and easy to contact if you ever need any advice :)
Title: Re: Insurance costs for a newbie
Post by: malcom1961 on October 22, 2009, 08:47:43 pm: Hi go on to my website www.ritz-cleaners on the bottom of the front page click on my public liability insurance then when the page opens go to contact them
can not remember to exact penny i pay but it is under £80.00 this is for public liability product liability and includes the product you are working on
let me know what they quote you msabourne@yahoo.co.uk
Malcolm
Title: Re: Insurance costs for a newbie
Post by: Andy Foster on October 22, 2009, 10:28:45 pm: About £1500 per annum.

£5m public liability
£10m employers liability
All risks (their term for treatment risk) - no £ limit
Working at heights
All kit

I have shopped around and cheap insurance is exactly that!

We try to tell our customers that a cheap carpet cleaner is probably cheap for a reason, why should insurance be any different?
Title: Re: Insurance costs for a newbie
Post by: Joe H on October 23, 2009, 09:05:11 am: Andy
Do you employ people?
Surely you do because you mention employer liability.
Thats the only reason I can think as to why your insurance is at the level it is.

Mine this year was about £900 but that with employer liability as I have 6 others on my books (domestic cleaning).
Title: Re: Insurance costs for a newbie
Post by: Andy Foster on October 23, 2009, 10:28:08 am: 3 employees of the company, me being one of them (limited company).

Unlimited treatment risk bumps up the cost, but when you are cleaning bricks on a new build that cost £25 each you need to know that if you wake up the next day and find you have ruined 500 of them that you don't end up paying for 300 of them out of your own pocket!
Title: Re: Insurance costs for a newbie
Post by: suffolkclean on October 23, 2009, 06:42:19 pm: Joe - do your ladies do regular domestic cleaning? or just one offs?
Title: Re: Insurance costs for a newbie
Post by: Joe H on October 23, 2009, 06:54:48 pm: They do regular cleans.
I stopped doing the one offs some years ago as I had to get involved too much myself to get the quality. As you probably aware it can be real tough.
These are part timers, at one time a good few years back I got up to 28 part timers but nowit doesnt appeal to me employing people even though the ones I have are good and been with me for some time now - minimum is about 6 years, one about 18 years.