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-   -   New Center in Iowa (https://www.daycare.com/forum/showthread.php?t=83335)

emeraldsound 07-06-2016 05:45 PM

New Center in Iowa
 
My wife and I are looking at purchasing a center in our town. We have the option to either rent, or buy on contract. With the rental option, our landlord keeps the liability/building insurance in her name, if we purchase, we have to take over that. My question is about budget. I've been trying to get a quick quote so we can decide which route to take. Our center is licensed for 37, and we'd have a max of 4 full time, and maybe 2 part time employees. Again, I don't need anything specific, just a quick and dirty idea.

Thanks

Michael 07-07-2016 10:53 PM

Welcome to the forum. Here are some more threads on daycare budgets.

https://www.daycare.com/forum/tags.php?tag=budget

Daycare Insurance 07-11-2016 11:31 AM

Unfortunately we do not provide coverage in Ohio, however you should be able to call a broker and get a quote. In addition to the property coverage, you'll want to make sure you also have accident medical coverage for the children (this should cover at least $20,000 per child) and liability insurance for the business.

Blackcat31 07-11-2016 11:39 AM

Originally Posted by Daycare Insurance:
Unfortunately we do not provide coverage in Ohio, however you should be able to call a broker and get a quote. In addition to the property coverage, you'll want to make sure you also have accident medical coverage for the children (this should cover at least $20,000 per child) and liability insurance for the business.

She is in Iowa not Ohio

Daycare Insurance 07-11-2016 01:34 PM

Oops! I meant Iowa. Unfortunately we're not in Iowa either.

Blackcat31 07-11-2016 02:16 PM

Originally Posted by Daycare Insurance:
Oops! I meant Iowa. Unfortunately we're not in Iowa either.

lol! Just wanted to make sure the info was still accurate ;)


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