Commercial Child Care Facilities
The graphic below is interactive.
Explore and learn more about some unique risks as well as the related insurance solutions
Commercial General Liability
Possible Liability: Claims due to accidents for property damage, bodily harm, personal injury.
Solution: General Liability is necessary to save commercial child care facilities from financial loss, lawsuits, claims, or damages due to non-professional negligent acts by your services, company operations, or your employees.
Business Personal Property
Possible Liability: Inclement weather, fire, theft, burst pipes, etc are the usual losses in a child care facility’s property.
Solution: This policy can allow for the replacement of damages caused by a covered loss. Detailed coverage can be discussed with an agent.
Child Facility Vehicles
Possible Liability: Possible lawsuit for any injury or damage to property caused by the vehicles hired or owned by the business for meetings, transporting children to and from the facility, etc.
Solution: You can have a commercial auto insurance policy in place for company-owned and maintained vehicles. Alternatively, you can have hired/non-owned auto liability coverage added to the company’s general liability policy.
Possible Liability: Claims due to negligence or error in judgment related to child care.
Solution: Provides protection for the child care facility, teachers, and child care employees at the event of a lawsuit.
Possible Liability: Children being accident-prone is normal and that is why it is a must to have student accident insurance.
Solution: This policy helps cover for student medical bills should they get hurt during a school field trip or within school premises.
Possible Liability: Most states require employers to cover for any job-related injuries or sickness employees may have.
Solution: Make sure to add this to your policy to avoid fines and be able to provide benefits to eligible employees.
Possible Liability: Claims made by any current or former employees, applicants, clients, or potential clients for what they feel is unequal or unfair treatment.
Solution: Employment Practice Liability Insurance usually comes as a standalone policy and can cover the business for alleged discrimination, wrongful termination, sexual harassment, service refusal, etc.
DISCLAIMER: Consult actual policy for exact terms and conditions or talk to your insurance agent for clarifications.
The daycare industry these days continues to grow since more and more families become two-income households. This industry needs to be protected whether it’s a modest type of in-home daycare or a mega-care center with many rooms or even includes a fine motor skills gymnasium. This also needs protection since it involves very young kids and also your livelihood as well.
What Is Daycare Insurance?
Daycare insurance is a certain type of business insurance that is made to meet the special needs of childcare businesses. This kind of insurance offers business owners much-needed daycare liability insurance coverage so as business property coverage.
A lot of insurance policies have several sets of coverage options that allow you, the business owners, to build a daycare insurance policy that caters particularly to the daycare’s special needs.
Our Commercial Child Care Insurance Program is designed to meet the needs of the following operations:
- Commercial Child Care Centers
- Nursery Schools
- Montessori Schools (serving children 7 years old or younger)
- After School Care
We are pleased to offer coverage to several types of incidental operations. We can write the following only if they represent less than 25% of a commercial child care operation:
- After School Programs
- Day Camps (in conjunction with a child care center)
- Tutoring (if conjunction with a child care center)
Who Needs Daycare Insurance?
Getting daycare insurance is a must whether you run your daycare business out of your home or a location far from it. Coverage is actually required.
Childcare centers and nursery schools are required to have daycare liability insurance so these could be licensed by the Department of Health and Human Services (DHHS) and since most states also require licensure in order for daycare businesses to legally operate and work.
Your insurance company may also ask you to submit stronger requirements that will affect your daycare insurance costs. This is in order to limit your exposure to liability lawsuits. The DHSS does not really require liability insurance to license home-based daycare businesses. However, your insurance company may require you to carry a business insurance policy to purchase specific endorsements in order to protect your daycare business.
Daycare Business Insurance Offers Liability Protection
Let’s face it. People are quick to sue so availing protection for your business is a must. There are many instances that your daycare business may face a liability lawsuit. Legal defense fees can be expensive even though charges may be dropped.
Liability insurance will provide you coverage for any court expenses and other legal fees with any covered occurrence.
- General liability – this coverage is needed for any kind of business that welcomes the public onto its property. This will cover property damage or injuries suffered by other people while they are on your property. This is very important when dealing with very young children since they get easily injured. Some injuries may be minor in most cases. However, your daycare business may be held liable for medical expenses if a child suffered severe injury.
- Professional liability – this coverage will take care of your teachers and childcare workers. Your business can be sued when there’s an instance a member of your staff has shown negligence towards the needs of children in your care. Lawsuits can be brought by mental, physical, or emotional abuse of children.
- Commercial Auto Liability – this insurance is needed if your daycare business has and owns vehicles that are used to take people to schools and back.
- Non-owned or for-hire auto liability – this insurance coverage protects privately owned vehicles when they are used for company businesses such as for field trips or other outings.
- Corporal punishment liability – this insurance option provides you financial protection if you face a claim when one of your employees strikes a child or is accused of committing corporal punishment to any of the children enrolled in your daycare.
- Abuse and molestation liability – this insurance coverage will protect your daycare business from severe financial losses if one of your employees sexually abuses one of the children in your daycare.
- Umbrella liability protection – this coverage will provide you liability protection beyond the limits of your insurance policy’s liability limits. Specifically, larger daycare facilities may have more advantages through this added coverage.
Why We’re Different
You may think you want the cheapest insurance you can find, but realize you may not be getting everything you bargained for…
While most insurance products are similar in price and function, insurance providers are very different when it comes to structuring a policy that actually covers you. There’s no such thing as a one-size-fits-all insurance policy when it comes to your business.
We’re your neighbors. We protect businesses and people we know and care about, and that means we always look for ways to protect you better, including carefully choosing the insurance companies we represent to be both affordable and responsive. Contact us and let the professionals at our company help you forge the strongest shield possible to help you protect the things you are working hard to build.
|4380 South Syracuse St. Suite 310 Denver, CO 80237
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