What Kind of Insurance Do I Need for a Laundromat Business?
- Nate Jones, CPCU, ARM, CLCS, AU
- Nov 3
- 2 min read
Owning a laundromat can be profitable, but it also comes with risks—slip-and-fall accidents, equipment breakdowns, property damage, and even data breaches. The right insurance coverage protects your investment and keeps your business running smoothly.
At Wexford Insurance , we specialize in laundromat insurance programs tailored to your unique needs. Here’s a breakdown of the essential coverage every laundromat owner should consider.
Essential Insurance Policies for Laundromat Business
This is the foundation of your coverage. It protects against:
Customer injuries (e.g., slips on wet floors)
Property damage caused by your operations
Legal fees and medical costs
Your laundromat depends on expensive washers, dryers, and other equipment. This policy covers:
Fire, theft, and vandalism damage
Building and contents protection
Pro tip: Choose replacement cost coverage, not just actual cash value.
3. Business Interruption Insurance
If a fire or storm forces you to close temporarily, this coverage helps replace lost income and pay ongoing expenses like rent and payroll. Check out insights at Insura’s Laundromat Coverage Guide.
Required in most states if you have employees. It covers:
Medical bills for work-related injuries
Lost wages during recovery
Even part-time staff need this protection.
Washers and dryers are the backbone of your business. This coverage pays for:
Repairs or replacement of broken machines
Lost income during downtime
Skipping this coverage could cost thousands in unexpected repairs.
If you offer pickup and delivery services, personal auto policies won’t cover business use. Commercial auto insurance protects your vehicles and drivers.
7. Optional Coverage
Umbrella Insurance: Adds extra liability protection beyond your primary policies.
Cyber Liability Insurance: Covers data breaches and payment system hacks.
Why Work With a Specialist?
Generic business insurance often leaves laundromats underinsured. At Wexford Insurance, we understand the unique risks of laundry businesses and design policies that fit your operations.
Final Thoughts
Insurance isn’t just a legal requirement—it’s a smart investment in your laundromat’s future. From liability to equipment breakdown, comprehensive coverage ensures you stay protected against unexpected events.
Ready to safeguard your laundromat?
Contact us today.