Do Professional Organizers Need Insurance?

Organizing our client’s homes can be rewarding, but not without risk. As a home service provider, you want to make sure you are offering quality, professional services to your clients. But what if you break something or damage property?

Obtaining insurance is an excellent way to protect yourself and your business while providing top-notch home organizing services. In addition to preventing financial losses, it also adds to your credibility especially if you’re just starting out.

It’s easy to get insured. The challenging part is choosing the right coverage. Speak with an insurance agent who understands how your business operates and can provide a solution that fits your requirements best.

According to the Small Business Administration (SBA), there are 6 types of business insurance.

•General Liability Insurance

This is for any business.

This coverage protects against financial loss as the result of bodily injury, property damage, medical expenses, libel, slander, defending lawsuits, and settlement bonds or judgments.

•Product Liability Insurance

This is for businesses that manufacture, wholesale, distribute, and retail a product.

This coverage protects against financial loss as a result of a defective product that causes injury or bodily harm.

•Professional Liability Insurance

This is for businesses that provide services to customers.

This coverage protects against financial loss as a result of malpractice, errors, and negligence.

Example: You give bad advice, suggest to toss something valuable or actually toss something valuable.

•Commercial Property Insurance

This is for businesses with a significant amount of property and physical assets.

This coverage protects your business against loss and damage of company property due to a wide variety of events such as fire, smoke, wind and hail storms, civil disobedience and vandalism.

•Home-Based Business Insurance

This is for businesses that are run out of the owner’s personal home.

Coverage that’s added to homeowner’s insurance as a rider can offer protection for a small amount of business equipment and liability coverage for third-party injuries.

•Business Owners Insurance

This is for most small business owners, but especially home-based business owners.

A business owner’s policy is an insurance package that combines all of the typical coverage options into one bundle. They simplify the insurance buying process and can save you money.

A professional organizer's insurance is usually categorized the same as the insurance for a cleaning or interior design service. Take note that if you currently have insurance but your business has grown in recent years, you might need to adjust your current coverage as well.   

Want to learn more? At ASPO, we help professional organizers start and maintain successful organizing businesses. Find out more about our ASPO Simple Systems courses and membership benefits.