Having daycare insurance coverage is a good idea for anyone who runs any type of a daycare facility. Even with the most efficiently run daycare, sometimes accidents happen, people get hurt, and facilities can become ruined. Instead of being left holding the bill, why not pass it on to the insurance company? There are some different types of daycare coverage that you might be able to get if you run a daycare.
One type of coverage is general liability coverage, which might cover things such as damage to the building. If a visitor came to the daycare to talk to the children about something in their field of expertise and was hurt while they were there, general liability might help to pay for their injuries. Workers compensation is good coverage to have in case one of the employees at the daycare fell over some toys and had to be laid up for a few weeks. Rather than sitting there, worrying that they won’t be able to afford their next months rent, they can relax and recover, knowing that their bills will still be paid. Student accident coverage is good coverage to get because if you have a daycare, you probably have multiple children and that could be the recipe for disaster. Making sure the children are taken care of properly should be the top priority and having the right type of daycare insurance is one way to do just that.