Laundromat Insurance

Yes. Commercial property cover protects against water damage from burst hoses, machine overflows, blocked drains and plumbing failures. Equipment breakdown cover can also respond where a machine malfunction causes flooding. Proactive maintenance of hoses and drainage systems helps reduce both claim frequency and premiums.

Yes. Equipment breakdown cover protects against mechanical and electrical failure of commercial washers, dryers, hot water systems, payment systems and other laundry plant. It covers repair and replacement costs and can include resulting damage such as water damage from a machine failure.

Yes. Fire cover is a standard inclusion in commercial property insurance. However, insurers expect documented lint management protocols including regular filter cleaning, annual exhaust duct inspections and appropriate fire detection systems. Poor maintenance records can affect claim outcomes and future insurability.

Business interruption insurance covers the loss of revenue and ongoing expenses while the laundromat is closed for repairs. It also covers additional costs such as expedited equipment delivery. Commercial laundry equipment can have lead times of 6 to 10 weeks, so an adequate indemnity period of at least 12 months is recommended.

Yes. Money cover protects cash in coin machines, change dispensers and on premises against theft, robbery and vandalism. Insurers may set sub-limits for money in unattended premises. Reinforced coin cabinets, CCTV and regular cash collection schedules can improve cover terms.

Major commercial insurers including CGU, QBE, Zurich, Vero, Hollard, Allianz and AIG all offer policies suitable for laundromats and commercial laundry businesses. Each insurer has different views on unattended operations and equipment age. Shielded compares options across this panel to find the best cover and pricing for your laundromat.

Yes. Public liability insurance covers claims from neighbouring tenants whose premises are damaged by water overflow, burst hoses or drain blockages originating from your laundromat. This is a significant exposure for laundromats in multi-tenancy buildings, and adequate liability cover of $10M to $20M is recommended.

Commercial property insurance covers a wide range of property types including office buildings, retail shops, warehouses, factories, shopping centres, hotels, motels, restaurants, cafes, medical centres, child care centres, gyms, salons, laundromats, churches, petrol stations, mixed-use developments and more. Whether you own a single tenancy or a multi-storey complex, we tailor cover to match your property.

Premiums vary based on building value, location, construction type, tenant occupation and risk profile. A small retail shop may cost $1,500 to $4,000 per year, a standard office building $3,000 to $10,000, and a large warehouse or industrial property $5,000 to $25,000+. High-risk tenancies (restaurants, manufacturing) attract higher premiums. Request a free quote through Shielded for an accurate indication.

Commercial building insurance covers the physical structure including walls, roof, floors, fixed fixtures, common areas, car parks, fencing and services (electrical, plumbing, HVAC) against fire, storm, flood, impact damage, malicious damage, theft and accidental damage. It typically also covers demolition and removal costs, professional fees (architects, engineers) and compliance with current building codes when rebuilding.

If you own a commercial building and lease it to tenants, you need commercial landlord insurance. This covers the building structure, landlord's contents (common area furnishings, HVAC systems), public liability for common areas, loss of rental income if the building is uninhabitable after an insured event, and plate glass. Your tenants are responsible for insuring their own contents, stock and fit-out.

Loss of rental income (also called business interruption for landlords) provides replacement income if your commercial property becomes uninhabitable after an insured event such as fire, storm or flood. It covers the rental income you would have received during the repair or rebuild period, typically for up to 12 or 24 months. This is essential for property investors who rely on rental returns.

Plate glass cover is usually an optional add-on, not included in the base building policy. It covers the cost of replacing glass shop fronts, windows, doors, display cases and signage glass that is accidentally broken or vandalised. For retail properties with large glass frontages, this is an important cover to include.

Generally, the landlord insures the building structure, common areas and landlord's fixtures. Tenants are responsible for insuring their own contents, stock, fit-out, trade fixtures and their own public liability. Most commercial leases clearly define these responsibilities. As a landlord, ensure your lease requires tenants to hold adequate insurance and provide certificates of currency.

Contact us at Shielded Insurance on 1800 97 98 99 or reach out to your insurer directly. We recommend notifying us as soon as possible after damage occurs, documenting everything with photos, securing the premises to prevent further damage, and keeping records of all emergency repair costs.

We compare quotes from leading Australian commercial property insurers including CGU, QBE, Zurich, Vero, Hollard, Allianz, AIG and others. The best insurer depends on your property type, construction, tenant occupation and risk profile. As brokers, we do the comparison work to find competitive and suitable cover for your property.

Review your policy annually at renewal, or whenever there are significant changes such as new tenants, renovations, extensions, changes in building use, or updated valuations. Building replacement costs increase over time – if your sum insured does not keep pace with construction cost inflation, you risk being underinsured at claim time. We recommend a professional building valuation every 3 to 5 years.