An accident that injures a child in your care or an allegation of negligence could lead to a costly lawsuit. Daycare insurance policies can cover unexpected medical costs, legal expenses, and more.
These policies cover the most common child care business risks.
General liability insurance covers common risks, such as playground injuries. Bundle with property insurance for savings in a business owner’s policy.
A business owner’s policy bundles general liability and property insurance in one plan. A BOP is often the most cost-effective commercial child care insurance policy.
This policy covers expenses if child care providers are sued for a mistake, such as lack of supervision that leads to an injury. It's also called errors and omissions insurance (E&O).
Directors and officers insurance (D&O) protects board members against legal expenses if they are sued for a decision made on behalf of your small business.
Most states require workers' comp for child care centers that have employees. It also protects sole proprietors from work injury costs that health insurance might deny.
Commercial auto insurance provides property and liability coverage for accidents involving business-owned vehicles. It also covers vehicle theft and vandalism.
Caring for someone else’s child is a huge liability. Whether you run an in-home daycare center or operate in a commercial space, there’s always the possibility of a child being injured. Daycare business insurance provides peace of mind and financial protection from parent lawsuits and unexpected accidents.