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Old 07-06-2016, 06:45 PM
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Default New Center in Iowa

My wife and I are looking at purchasing a center in our town. We have the option to either rent, or buy on contract. With the rental option, our landlord keeps the liability/building insurance in her name, if we purchase, we have to take over that. My question is about budget. I've been trying to get a quick quote so we can decide which route to take. Our center is licensed for 37, and we'd have a max of 4 full time, and maybe 2 part time employees. Again, I don't need anything specific, just a quick and dirty idea.

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Old 07-07-2016, 11:53 PM
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Welcome to the forum. Here are some more threads on daycare budgets.

http://www.daycare.com/forum/tags.php?tag=budget
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Old 07-11-2016, 12:31 PM
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Unfortunately we do not provide coverage in Ohio, however you should be able to call a broker and get a quote. In addition to the property coverage, you'll want to make sure you also have accident medical coverage for the children (this should cover at least $20,000 per child) and liability insurance for the business.
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Old 07-11-2016, 12:39 PM
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Quote:
Originally Posted by Daycare Insurance View Post
Unfortunately we do not provide coverage in Ohio, however you should be able to call a broker and get a quote. In addition to the property coverage, you'll want to make sure you also have accident medical coverage for the children (this should cover at least $20,000 per child) and liability insurance for the business.
She is in Iowa not Ohio
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Old 07-11-2016, 02:34 PM
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Oops! I meant Iowa. Unfortunately we're not in Iowa either.
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Old 07-11-2016, 03:16 PM
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Oops! I meant Iowa. Unfortunately we're not in Iowa either.
lol! Just wanted to make sure the info was still accurate
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