If you own a daycare center, you have to have childcare insurance in order to be licensed as a daycare center. If you have a daycare at your home, you do not have to have insurance to be licensed, but it is a good idea so that you and the children you watch are covered and protected if something were to happen to you or them.
When you are starting up a daycare, you might want to talk to more childcare providers and see what they have to say about liability insurance for a daycare. They might have some ideas for you on what to specifically ask an insurance agent and how to go about getting the best coverage for your business.
Having a childcare business in your home and having childcare insurance for it is different than having renters or homeowners insurance. The reason for this is because many homeowners insurance policies do not include losses from a business incident that occurs in your home. Having liability insurance for your home daycare can cover the children if an injury occurs, and perhaps some other things that are business related that happen in your home.
Childcare insurance is a good thing to have if you run a daycare in your home so that your home and the children in your care and properly protected in case an accident or other incident occurs.
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