|
If you are
in the Childcare business, or are considering entering it, it
is important to check out your options for Childcare Insurance.
It is important that you obtain a policy that is specific for
childcare. Insurance companies will try to sell you a Home Owner's
Policy under the pretense that you will be covered if you run
a childcare in your home. Unfortunately, many providers have found
out that the policies are not valid when they have attempted to
file a claim.
There are
many insurance companies out there that will try to sell you an
insurance policy. However, not all of them specialize in policies
for In-home daycares or daycare centers. Be prepared to ask
a lot of questions and read the small print on any policy that
you might be considering BEFORE you sign on that dotted line.
It is better to have more insurance than not enough, and you also
want to make sure that if in the event you need to use the policy,
you can do so without a lot of hassle.
Before shopping
around for a policy, make a list of questions that you can ask
the insurance agent. Don't be pressured into signing a policy
that really isn't what you wanted, or one that doesn't suit the
needs of your business. Insurance agents generally work on a commission
base and will attempt to use pressure tactics to sell their policies.
Make sure you do your homework.... I have found in my own personal
experience that when I was prepared with questions, and knew what
I wanted in a policy, it was easier to get the policy that I needed.
The following
article NNCC
Your Insurance Needs: Part 1 written by the National Network
for Childcare will give you important information regarding Daycare
Insurance. A good resource to read before purchasing a policy.
Another article
written by the NNCC NNCC
What You Should Know About Liability
Insurance also has valuable information.
The following
websites specialize in In-home Daycare and Daycare Center insurance
policies.
Good luck,
Danielle
Family
Home Daycare Liability Coverage This is a VERY basic website
with limited information. But it does have an interesting feature.
Below the contact person's name and address is an Email Notification
Service link. This company will email you with up-to-date information
regarding issues that will effect the Daycare Industry. It might
be worthwhile to sign up for that while shopping around for insurance
policies.
American
Federation of Daycare Services Easy
to navigate site, with contact information to obtain a quote.
This company is endorsed by NAEYC.
Professional
Liability Insurance for Lawyers, Architects & Engineers and Day
Care Providers This company specializes in providing insurance
to professionals. They do have a section for Daycare Providers
which is fairly comprehensive. From the first page, you double
click on the icon with DAYCARE highlighted. The link will take
you to the page for Daycare Insurance. A contact person's name
and address is listed to obtain more information. Also a sample
policy and application is available to download by following the
blue link.
Welcome to the Childcare Resource :: Insurance Information
|
