I pay $30 a year per child...for up to 5 daycare children. I don't pay for my own child as they live here and well, if she gets hurt I would not sue myself! So, if you have the option to pay per child make sure you do that and don't pay for your own!

Frankly I don't know what it covers exactly. We stay onsite so I didn't have to worry about outings. I don't know that home insurance would cover outings. The insurance is to cover any accidents that take place while in your daycare (which is your home). But, I really didn't look into it that much because I was under the understanding that there are only a few insurance companies that cover 5 children and I can't be that picky.

The insurance company did come out to inspect my daycare inside and out and they asked me a bunch of questions about my education and experience and all that.