I carry daycare insurance. The expense is a business expense so it's tax deductable. I don't necessary advertise or let parents know that I have it, but I wanted to be covered if something did happen while kids were in my care. So far -praise the Lord - I haven't had to actually use it, but it's worth the cost to have the protection.

The cost of my daycare insurance is about $800-900/year. I thought it was kinda high, but had issues getting on other insurances since I also do foster care.

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