Foster care centers provide vital services to vulnerable youth. Between offering temporary housing and complying with regulations, you are exposed to risks that may trigger lawsuits from families and guardians. Commercial insurance can reduce the likelihood that the financial hit from a lawsuit will hinder your mission.
Insureon helps foster care centers compare small business insurance quotes from top U.S. carriers online.
Get several quotes with one easy application.
These insurance policies cover the most common risks of foster care centers.
A general liability policy covers basic third-party risks, such as a foster parent slipping on a wet floor at your agency. Bundle it with property insurance for savings in a business owner’s policy.
A business owner's policy, or BOP, is a cost-effective way for foster care and child welfare organizations to buy general liability coverage and commercial property insurance together.
This policy can cover expenses if your foster care center is sued for negligence, such as placing a child in unsuitable housing. 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 foster care center that led to financial loss.
Most states require workers' comp for foster care centers that have employees. It also protects sole proprietors from work injury costs that health insurance might deny.
Commercial auto insurance can pay for property damage and medical bills in an accident. Each state has its own requirements for car insurance.
A small foster care center will pay less for insurance than a larger business.
Factors that affect premiums include:
It's easy to get foster care center insurance if you have your company information on hand. Our application will ask for basic facts about your business, such as revenue and number of employees. You can buy a policy online and get a certificate of insurance with Insureon in three easy steps:
Insureon's licensed insurance agents work with top-rated U.S. providers to find the right insurance coverage for your foster care center, whether you work independently or hire employees.