Insurance Help
I received a letter that my homeowners company will not be renewing me because of my home daycare. I have had homeowners and a $300,000 rider for my daycare with them for 4 years now. Now all of a sudden they have a problem with it? I am licensed for 7 plus have two children of my own and they will only cover up to 8 children total. The funny part is that I really don't need the rider with them since I have a separate $1 million policy specific to daycare that covers me better.
I'm wondering what insurance companies will allow a homeowners policy if you operate a daycare in your home? I'm not looking for companies that provide separate insurance specific to daycare. I'm looking for regular homeowners insurance companies that allow home daycare. Does that make sense? |
I had American Family for a number of years without a problem, and now have State Farm. Both agents are/were fully aware of my daycare, so I assume their companies are ok with it. I have a separate policy for my daycare and no rider on either policy.
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I'm with all state and thy cover everything for me..
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A lot of them are going away from it. I had State Farm for the longest time. They were fine for covering me up to 6 but refused to cover me for the 12 that I have now. What is even worse is we rent and because of my daycare, they won't even allow us to have renters insurance now :mad: Really dumb since renter's insurance only covers the material property in the house in case of fire, etc. It is not a liability insurance but they still won't underwrite us now grrrrrr....
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Originally Posted by snbauser: |
If you have Farm Bureau in your state they will do a homeowners policy for you.
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Originally Posted by Kim: |
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