Insurance saga....

[Artsand crafts]

Hi Torontokids, who offers the commercial insurance? How much do they charge?

[torontokids]

I am just going with a broker (the commercial dept of current broker) and he is finding me some right now. He said he would try and get it for $750 a year. This will work out cheaper for me then going with Gore or Wawnessa who offered me crazy rates for my home and auto. After he looked at my website and spoke with me he said that a childcare ryder wouldn't be adequate for me anyways and also doesn't cover me if I was to hire someone or have a volunteer (which was conformed when I spoke with other companies re: ryder). He said they are more designed for people offering "babysitting" and didn't feel that providers that go out into the community with their kids would be completely covered if something were to happen. Who knows how much of this is a sales pitch. I tend to agree with him though based on my experiences trying to find coverage as there tends to be a ton of limitations. Plus I had already decided to go commercial before he told me all this and he knew that I was not looking into ryders anymore so there was no need to "convince me."

[Spixie33]

Well something sure smells fishy because a lot of these places used to offer it and now they are distancing themselves and limiting the children under the legal limit.

I don't think I am prepared to go the commercial rate. I already pay $300 a month for house and 2 cars insurance and adding $700 more a year is another $58 a month.

I used to pay $100 a year for coverage of up to 7 kids (including my own) and now $750? It just seems like an astronomical hike