Child Day Care Center Insurance

Child Day Care Center Insurance Provided By Our Agency

The daycare industry continues to grow these days as more and more families move to become two-income households. And whether it’s a modest in-home daycare or a mega-care center with a bunch of rooms, it needs to be protected. Especially when it involves something as big as other people’s little ones. Let’s talk about risks and what kind of protection your daycare will need.

What is a Child Day Care Center?

Daycare insurance is specific business insurance designed to meet childcare businesses' unique needs. In addition, it provides business owners with much-needed daycare liability insurance and business property coverage.

Many policies come with coverage options that allow business owners to build an insurance policy that caters specifically to their daycare's unique needs.

Who needs a Child Day Care Center?

Whether you operate your daycare business out of your home or a location far from it, you'll want to think long and hard about getting daycare insurance. In many cases, coverage is required.

Do not expect your home policy to cover you for bodily injury or property damage from your home business.

Coverages you should consider under Child Day Care Center

We live in a quick-to-sue society. As a result, many instances may arise where your daycare business may face a liability lawsuit. Even if the charges are dropped, the following legal defense fees can be expensive.

These are some of the coverages you must consider, do talk to us to know more:

Type of Insurance: What it Covers

General Liability Insurance: Third-party claims for bodily injury, property damage, and reputational harm

Property Insurance: Business assets such as building, equipment, and supplies

Professional Liability Insurance: Claims arising from your mistakes, omissions, or negligence while performing your work

Abuse and Molestation Coverage: Losses arising from an employee abusing a child under your care

Commercial Auto Insurance: Injuries, damages, and lawsuits arising from accidents involving vehicles your business uses

Accident Insurance: Claims that exceed limits on underlying liability policies

Umbrella Insurance: Provides benefits to injured children and their families for covered accidents

Every childcare business needs at least some business insurance, whether it’s an in-home daycare or a commercial daycare center. Even if you don’t own the building or have valuable business assets to cover, your work with children creates potential liabilities. It’s crucial to protect your business if claims arise.

Daycare insurance is a specialized and confusing niche. Thankfully, you don’t have to go it alone. We will walk you through a hand-picked selection of options. Contact us today to learn more.

Already have Child Day Care Center Insurance?

Switching is easy. It might be time to switch insurers whenever the service that your existing insurer provides doesn’t meet your needs. For example, if you have a poor claims experience or an unexplained rate increase, it might be time to consider other options.

If you cancel a previous policy before a new policy is effective, you could run into some serious financial problems.