Insurance for 5 kids

[littlebugsdaycare]

I am with TD and they cover my 5 daycare kids and my daughter with home daycare liability insurance

[sunnydays]

Again I just caution you to please ask them what is exactly covered with this insurance. They said yes to me too...but when I asked what exactly was covered, they said it is basically for things like parents slipping and falling on the walkway...NOT something happening to a child while in my care even if it is not my fault. This is not the kind of coverage I need...so I had to switch and believe me, we are paying way more all around for insurance and it hurts...so I would have stayed with TD if it seemed viable. Just be careful to know what you are covered for exactly.

I am with TD and they cover my 5 daycare kids and my daughter with home daycare liability insurance

[MonkeyPrincess]

ok now here's an important question. Is your daycare a legal and registered business, or are you doing it private? I was told by TD and Allstate that if you are private and don't have a legal and registered business, then you should be fine with your home insurance, just to up the liability for about 130-150 dollars. If you are a legal business, then you need commercial liability insurance, and they told me it ranged from like 700-1000 dollars. Fine if you make a ton of money, but i don't, i barely made 9 grand last year but In my honest opinion, i would pay it because i feel it's better to be safe than sorry.

[sunnydays]

Well private daycares are "legal" businesses, so that doesn't even make sense. None of the companies I talked to said anything about whether or not I had a registered business name.

ok now here's an important question. Is your daycare a legal and registered business, or are you doing it private? I was told by TD and Allstate that if you are private and don't have a legal and registered business, then you should be fine with your home insurance, just to up the liability for about 130-150 dollars. If you are a legal business, then you need commercial liability insurance, and they told me it ranged from like 700-1000 dollars. Fine if you make a ton of money, but i don't, i barely made 9 grand last year but In my honest opinion, i would pay it because i feel it's better to be safe than sorry.

[littlebugsdaycare]

Again I just caution you to please ask them what is exactly covered with this insurance. They said yes to me too...but when I asked what exactly was covered, they said it is basically for things like parents slipping and falling on the walkway...NOT something happening to a child while in my care even if it is not my fault. This is not the kind of coverage I need...so I had to switch and believe me, we are paying way more all around for insurance and it hurts...so I would have stayed with TD if it seemed viable. Just be careful to know what you are covered for exactly.

who do you have yours with? I was told when I signed on that I had full liability. I will call them today to double check that nothing has changed.