Daycare.com Forum Kidacare by Minute Menu HiMama Childcare App

Go Back   Daycare.com Forum > Daycare Insurance

Daycare Insurance Discuss your insurance and liability concerns here.

Reply
 
Thread Tools Display Modes
  #1  
Old 06-02-2010, 01:18 PM
Unregistered
Guest
 
Posts: n/a
Default Do You Need Insurance If Not Registred?

I am in NY. Do I need to carry insurance if I am not registred or liscensed? I only have 2 kids at any given time, which is the max I can have in my state without being registred.
Reply With Quote
  #2  
Old 06-02-2010, 01:57 PM
judytrickett
Guest
 
Posts: n/a
Default

I'm not sure of the laws in your state. But I wanted to say that IMO, insurance is a MUST whether you legally need it or not. You should always protect yourself. Insurance is relatively cheap. For five kids insured I pay only $17 a month and that is good peace of mind if you ask me.

You don't ever want to be put in the position of losing your personal property because of a law suit due to your business.
Reply With Quote
  #3  
Old 06-02-2010, 03:01 PM
Janet
Guest
 
Posts: n/a
Default Insurance is my friend!

I'm not sure what the law says about having a separate insurance policy aside from home owners insurance, but I have a separate policy anyway. I'm a big believer in covering my butt just in case something happens. It's a small expense and it's nice to have the added peace of mind. I would absolutely recommend it even if it isn't required.
Reply With Quote
  #4  
Old 06-03-2010, 02:32 AM
melskids's Avatar
melskids melskids is offline
Advanced Daycare.com Member
 
Join Date: Feb 2010
Posts: 1,767
Default

i'm in NY and its not required, not even when you are licensed. they dont require it until you become a group family provider. however, like the others have said....you should cover your butt. you NEVER know what could happen. i have a seperate policy from my homeowners. i think it is around $55 or 60 month, with 1 million dollar coverage. when i wasnt licensed, and only had 2 in care, my homeowners actually covered it because it was only 2 kids.
Reply With Quote
  #5  
Old 06-03-2010, 08:17 AM
MarinaVanessa's Avatar
MarinaVanessa MarinaVanessa is offline
Family Childcare Home
 
Join Date: Jan 2010
Location: Ventura County, CA
Posts: 7,200
Default

That's what I know also and I live in CA. It's not a requirement here either but if we don't carry it or at least a bond we have to notify the families that we do not carry insurance. Even if you have regular homeowner's insurance be careful. Some insurances won't cover you in case of damages if you have a daycare because of the nature of the business. I just added a rider to my homeowner's insurance for daycare in my home specifically and I pay only $75 a year. Dirt cheap for peace of mind if you ask me.
__________________
Daycare Ninja, CA
Helping Hands Childcare
Reply With Quote
  #6  
Old 06-03-2010, 10:45 AM
emosks's Avatar
emosks emosks is offline
Daycare Member
 
Join Date: Dec 2009
Location: Midwest
Posts: 289
Default

I don't understand why you wouldn't WANT insurance??? You never know what could happen or what kind of families you are dealing with!!!
Reply With Quote
  #7  
Old 06-03-2010, 01:14 PM
Daycare Mommy's Avatar
Daycare Mommy Daycare Mommy is offline
Senior Member
 
Join Date: Jan 2010
Location: By the beautiful sea...
Posts: 323
Default

No idea if you HAVE to have it. We don't have to here, but I got it anyway. It's not for the daycare families, it's for YOU! Get it for your own safety. All it takes is one accident or false accusation and you could be financially destroyed.
Reply With Quote
Reply

Tags
insurance, unlicensed

Thread Tools
Display Modes

Posting Rules
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
Home Insurance Rider Vs. Stand Alone Policy jolson Daycare Insurance 7 11-01-2011 08:49 AM
Daycare Insurance? kknbearsmommy Daycare Insurance 9 02-02-2011 09:35 AM
Expanding and Now Insurance is a Mess... originalkat Daycare Insurance 12 01-03-2011 11:36 AM
Where to get Business Insurance and Cost? kpa0627 Daycare Insurance 1 06-08-2010 07:35 AM
Insurance? michellezearfoss@hotmail. Daycare Center and Family Home Forum 4 12-07-2009 10:15 AM


All times are GMT -7. The time now is 12:46 PM.



Daycare.com         Find A Daycare         List Your Daycare         Toys & Products                 About Us

Daycare.com
Please read our Disclaimer before continuing.

Topics pertain mainly to the following States:

Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming