Originally Posted by Jewels:
I have it through state farm, and I have used it once, I had a child break his leg here, and I wasn't liable myself at all, it was a complete accident on the child, as we were at the park, but I figured it could help them with their medical cost, and they ended up getting a check for $1000, so that was pretty cool, now they wouldn't have been able to get anymore....the max they give for an accident is $1000, now Had I been holding the child, and dropped him and he broke his leg, that I believe would have been my liability, and the insurance would have covered everything, I think its stupid not to have it, if a child gets injured and a parent comes back at you and you have no insurance, your looking at a world of hurt! I pay right now $22/month through state farm, but they will only cover up to 6 children in my childcare at a time (does not include my own children), I will probably have to switch come summer, because I will have more kids then.
Was kind of policy did you have with State Farm? Is it just an addition to your homeowners/renters policy? I ask because I had our renters policy with State Farm when I was licensed for 6 kids and they covered the kids. When I expanded to 12 kids I was initially told that they would still cover me. Then I was told that they could not cover the daycare kids at all and would only underwrite our renters policy if I proved that I had other coverage for the daycare kids. When I got outside coverage and gave them a copy they then told me that they would not even underwrite our renters policy anymore. Which is really dumb since a renters policy only covers the material in the house and not liability.