Originally Posted by Mom2Two:
I currently have a rider on our homeowner's policy for up to six children, but our seventh is starting tomorrow so I need to get coverage for up to eight (my license amount), and I also want to up our liability and make sure I have adequate auto coverage since I transport daycare kids.
Here's the email quote I received from our American Family Agent:
"Hi!
Commercial Auto for your Day Care would be $2450 a year
Commercial Policy for the Day Care up to 8 kids $917 a year
A couple of things: If you stay with the six you can stay with your homeowners and I would suggest an Umbrella policy for the liability on the car(s) up to 1 million in coverage for your Home bases business and your auto coverage."
Considering that my current car insurance is $55/month that's a pretty big jump to go to commercial!
I actually ended up signing up with Assure yesterday for eight children with a 500,000/1,000,000 policy, but I'm not really sure what those limits mean. It cost $500 odd dollars.
Also, I emailed them and left a phone message asking about transport, but I haven't received an answer back yet. There was an option on the application with Assure about non-owned vehicle, but I wasn't sure what that means either.
Does anyone have transport coverage with Assure?
That means when I hire a bus or someone else's vehicle that I do not own, we are covered for any liability issues.
I have insurance via Assure but not for transporting.
I do not offer transportation and would not consider ever doing so.