Originally Posted by Cozy_Kids_Childcare:
I contacted Farmers insurance and the agent was super nice. She gave me a quote to include covering 5 children and when I get licensed she said all I have to do is call and adjust it to the amount of children I have on the license. She knew the exempt daycare laws. Best part is that it is almost 150$ a year cheaper than what I have.
It likely cheaper because that is likely an endorsement on your homeowners policy. If you are exempt this is much better than having no coverage. However the downsides are that they likely lack abuse coverage and an accident medical policy for the children. If you are exempt you may be limited in the coverages you can obtain, but if possible you should always try to carry a policy that has an abuse endorsement and accident medical policy.