Quote Originally Posted by kindertime View Post
This is just an opinion question, cuz I don't know, but wouldn't it void your homeowner's insurance if they found out you had a business in the home and didn't have it insured? With mine, I have on my homeowner policy that I have a home business, and every year, they need the certificate from the liability policy (different company) so they know I'm covered for the business too. It's a very tricky thing, insurance, I believe, that given an oportunity, an insurance company will not pay out on a claim if they find anything wrong, even if it isn't directly related to the claim.
I hear what you are saying. I mean that given the fact that home daycare in ON isn't regulated, whether one has insurance or not does not effect the individuals legal ability to operate. Versus say a mortgage, you can not get a mortgage without proof of insurance. I know what you mean about insurance being tricky. My home insurance is with the same company as my daycare insurance, but the daycare Ryder in ON is not considered business or commercial insurance. They know I run a home daycare, but I am not legally obliged to have daycare insurance. The Ryder is barely adequate as it is and I have additional liability in the instance that an incident occurs where all parents sue...1 or 2mil isn't gonna go very far. Sometimes a way with words would lead some to think there are loop holes, like lying by omission for example, but it always catches up in the event of a claim. Insurance companies employ individuals specifically to find reasons to deny claims. Another reason why I wish ON was regulated.