Daycare Insurance

[SunshineMama]

Does anyone mind sharing what their monthly (or yearly) premium is for Daycare insurance in their home?

[Springdaze]

I need to renew mine, but i paid about 300 a year through Thomco. Its really quite inexpensive.

[canadiancare]

I am fortunate that mine is thrown in with my house insurance. It stipulates 5 children in daycare on the contract but other than that no premiums. My house insurance is 80$ a month, though.

[Blackcat31]

I pay $544 yearly for $1,000,000/$3,000,000 liability coverage.

I am insured as group family care.

[daycare]

Originally Posted by Blackcat31

I pay $544 yearly for $1,000,000/$3,000,000 liability coverage.

I am insured as group family care.

holy cow BC.. I have the same and I pay triple of what you pay.....good old sue happy califronia!!!

[Blackcat31]

Originally Posted by daycare

holy cow BC.. I have the same and I pay triple of what you pay.....good old sue happy califronia!!!

I looked on my carrier's site and for the same liability coverage as I have, in California, you would pay $1168...which IS odd since it is for the same coverage amounts and the same amount of children as I have.

[SunshineMama]

Thanks for sharing! I am just trying to get an idea of what is out there

[lovemykidstoo]

I think mine is $580 for $1,000,000/$3,000,000. It was more because I have an above the ground pool (daycare kids don't use)

[spud912]

I pay $290 through State Farm for $1,000,000

[daycare]

Originally Posted by Blackcat31

I looked on my carrier's site and for the same liability coverage as I have, in California, you would pay $1168...which IS odd since it is for the same coverage amounts and the same amount of children as I have.

everything in this state really cost and arm and a leg.............

[frugalmama4]

OK, don't laugh at me...but do I need to have insurance for the daycare?

I'm able to keep up to 12 kids at once.

What does the insurance cover?

Thnaks

[EntropyControlSpecialist]

Originally Posted by Blackcat31

I pay $544 yearly for $1,000,000/$3,000,000 liability coverage.

I am insured as group family care.

Wow! Who is your carrier? I live in Texas.

[canadiancare]

Originally Posted by frugalmama4

OK, don't laugh at me...but do I need to have insurance for the daycare?

I'm able to keep up to 12 kids at once.

What does the insurance cover?

Thnaks

it is a sure way to lose your house if "God Forbid" something goes wrong and you don't have it. It would be deductible from your taxes so I don't see why you wouldn't have it.