FAQ_category: (HIDDEN) Industry FAQs

Yes! With the right policies in place: 

• Equipment Breakdown Coverage can help repair or replace washers and dryers that fail due to mechanical or electrical issues. 

• Bailee Coverage can protect against claims if customer clothing is lost, stolen, or damaged while in your care. 

• Commercial Property Insurance covers fire and other building-related risks. 

Since laundromats depend on constant equipment uptime and customer trust, these protections are vital for business continuity. 

On average, Gilders pay between $500-$1200 a year for protection.   

Cost can vary depending on your: 

• Location 

• Size 

• Value of Equipment and Tools 

Gild will work with you to find the right tailored coverage that fits your budget and your needs. 

Running a laundromat means relying on expensive machines, handling customer property, and operating in a public-facing space. Core coverages include: 

• General Liability – Covers customer injuries such as slips on wet floors or property damage caused by malfunctioning equipment. 

• Commercial Property Insurance – Protects your building, washers, dryers, and vending machines from fire, theft, or storms. 

• Workers’ Compensation – Required in most states if you have employees; covers job-related injuries. 

• Business Owner’s Policy (BOP) – Combines liability and property coverage, often including lost income protection if equipment failures or fires force you to close temporarily. 

• Workers’ compensation is legally required in most states if you have employees. 

• Many landlords require liability insurance before renting space to dry cleaners. 

• Because of the use of hazardous chemicals, some states and municipalities require environmental coverage to operate. 

• Even where not mandated, clients expect proof of insurance to trust their garments with you. 

• Carrying insurance not only protects your shop, employees, and customers—it also ensures compliance with safety and environmental regulations. 

Yes, with the right policies in place: 

• Bailee Coverage protects customer clothing if it is damaged in cleaning, destroyed in a fire, or lost to theft. 

• Pollution Liability provides protection if your use of solvents or chemicals results in contamination or health claims. 

• Workers’ Compensation helps cover employee injuries related to solvent exposure, which OSHA highlights as a serious risk in this industry.