Originally Posted by Unregistered:
I had this issue and it was actually my parents that own the house. They were very concerned about being held liable as well if anything happened. They called their insurance company and the policy that they have and most insurance policies for rentals states that there can not be any business ran out of the house. If my dad wanted to change the policy to one that allowed this his rate would triple, which the daycare (I) would have to cover. So his insurance plus my rental insurance plus daycare insurance was way to much so we decided to buy instead.
This is why fcc's can get liability insurance and name the owner on the policy so they are covered without having to add their own additional policy which is pricier.