Is It Important for My Cleaning Person to be Bonded and Insured?

When hiring a cleaning person, it’s a good idea to hire someone who is bonded and insured. When a company claims that its employees are bonded, it’s agreeing to be responsible if an employee steals from you. Insured, on the other hand, usually means that the company has liability, property damage, and/or workers’ compensation insurance. If you haven’t already done so, ask to see the company’s insurance certificates to verify the exact type of coverage it has.

Is your cleaner a solo act?

Here’s an important fact you should know. Courts often find that hiring an individual directly to come into your home and follow your instructions may make you the employer. In this case, you’ll have different insurance needs (e.g., workers’ compensation insurance). Review your policies and talk to your insurance agent. If you’re not sure what to do, contact an attorney who specializes in labor or employment law.

If you have insurance questions, contact the experts at Henssler Financial: 770-429-9166 or experts@henssler.com.

Disclosures:

The following information is reprinted with permission from Forefield, a division of Broadridge Financial Solutions, Inc. All material presented is compiled from sources believed to be reliable and current, but accuracy cannot be guaranteed. The contents are intended for general information purposes only. Information provided should not be the sole basis in making any decisions and is not intended to replace the advice of a qualified professional, such as a tax consultant, insurance adviser or attorney. Although this material is designed to provide accurate and authoritative information with respect to the subject matter, it may not apply in all situations. Readers are urged to consult with their adviser concerning specific situations and questions. This is not to be construed as an offer to buy or sell any financial instruments. It is not our intention to state, indicate or imply in any manner that current or past results are indicative of future profitability or expectations. As with all investments, there are associated inherent risks. Please obtain and review all financial material carefully before investing.