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Old 08-23-2017, 10:36 AM
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Daycare Insurance Daycare Insurance is offline Media Member
Join Date: Jun 2014
Location: Encino, California
Posts: 88

It depends on the specific policy you're getting with your homeowner's insurance, but generally these policies don't cover as much as a professional liability policy such as the one you're probably getting with Assure. The homeowner's endorsements that we've seen usually exclude any sort of sexual abuse or molestation (it may seem like you don't need this, but parents do make false accusations). They also tend to have very low accident medical coverage. If a child is injured in your care, you want to make sure you have enough coverage for their medical bills. The final difference is that usually a homeowner's policy will only cover up to 6 children, whereas a professional liability policy will usually cover you for your license capacity. If you want to double check, you can pull out a copy of your Assure policy and call your homeowner's company to see if they offer the same coverage. Most will not.
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