Running a home or commercial daycare allows you to provide an essential service for parents who work or need a break for personal time. Apart from keeping kids safe, clean, educated, and entertained, you have to make sure to protect your business against the unique risks of childcare services. At Hawsey Insurance, we tailor your policy to cover your business and personal liability.
As with any other business, you face risks that could put your daycare services in financial or legal peril without the right coverage. Customizable coverage options allow you to choose a policy that focuses on your specific business requirements.
Your needs will vary depending on whether you operate out of your home or a dedicated commercial location. Although laws vary in different states, most states have a Department of Health and Human Services, or an equivalent agency, that determines whether you need liability insurance for your daycare business. Additionally, most states require liability insurance as a condition of maintaining your business license.
Our knowledgeable insurance agents can help you understand the specific requirements in your state. Additionally, you may run into problems with your homeowner’s policy if you run a daycare business at home without purchasing a separate policy for your business.
Whether you run a home or commercial daycare or in-home daycare, we can help determine the best coverage for your business. Here are typical coverage types included in many daycare insurance policies:
Our agents may also recommend umbrella insurance for additional coverage, depending on the needs of your business.
The cost of your insurance depends on the number of children served, your location, how long you’ve been in business, and many other factors. However, you’ll probably spend far less on insurance than snacks for the year! Some commercial policies are quite affordable. Keep in mind that depending on the number of employees and your state laws, you may also need worker’s compensation and other types of insurance.
Contact Hawsey Insurance to get the right insurance in place for your childcare business. To discuss your daycare insurance options, call us at 601-856-7707. We provide insurance services for businesses throughout Mississippi and surrounding states.