Originally Posted by Julia2:
How much is home daycare insure 1 million and 4 million to avoid becoming LLC?, were I can get it?, If I have a LLC an a parent suit me, does he suit just my LLC or also my others assets?, as a individual LLC do I have to get another number for my taxes ?, thank you
You can get $1million occurrence and $3 million aggregate insurance from most companies. That's the max. If a parent sues you, you contact your business liability agent and they take care of the rest. They will hire an attorney to respond to the parent's lawsuit. They will either settle and pay out something or decide that the lawsuit if baseless and not pay. All your assets, business and personal, are protected under your policy.