What type of coverage does a dry cleaner need for items in their care?

A dry cleaner needs Bailee's Coverage because this type of insurance specifically protects businesses that take custody of other people's property. In the context of a dry cleaner, it covers the items (like clothing and fabrics) that customers leave for cleaning and pressing. When the dry cleaner has possession of these items, they have a legal obligation to care for them, and Bailee's Coverage is designed to address the risks associated with damage, loss, or theft of those items while they are in the care of the business.

This form of coverage is essential as it provides financial protection against claims that may arise from the handling of clients' goods, ensuring that the dry cleaner can compensate customers if their items are damaged or lost during the cleaning process. Other types of insurance, like Property Insurance or Commercial Auto Insurance, do not specifically address the liability associated with holding a customer's property, while General Liability Insurance covers more general risks, such as injuries on the premises, not the specific liability for customer items.