Call Us (904) 646-0310 ☰ ˟
Logo
Call Us: (904) 646-0310
  • Home
  • Get A Quote
    • AutomobileImage of right arrow
      • Auto Insurance Quote
    • Business & CommercialImage of right arrow
      • Business Owners (BOP) Quote Form
      • Commercial Auto Insurance Quote
      • Workers Compensation Quote
    • HealthImage of right arrow
      • Health Insurance Quote
      • Long Term Care Insurance Quote
    • HomeownersImage of right arrow
      • Homeowners Insurance Quote
    • LifeImage of right arrow
      • Life Insurance Quote
    • MotorcycleImage of right arrow
      • Motorcycle Insurance Quote
  • Customer Service
    • AutomobileImage of right arrow
      • Add Driver to Existing Auto Policy
      • Add Vehicle to Existing Auto Policy
      • Remove Driver from Existing Auto Policy
      • Remove Vehicle from Existing Auto Policy
      • Request ID Card for Auto Policy
    • HealthImage of right arrow
      • Request Declaration and Coverages Page for Existing Health Insurance Coverage
    • HomeownersImage of right arrow
      • Request Declaration and Coverages for Existing Homeowners Insurance Coverage
      • Request Evidence of Insurance
    • LifeImage of right arrow
      • Request Declaration and Coverages Page for Existing Life Insurance Coverage
    • MotorcycleImage of right arrow
      • Add Driver to Existing Motorcycle Policy
      • Add Motorcycle to Existing Policy
      • Remove Driver from Existing Motorcycle Policy
      • Remove Motorcycle from Existing Policy
      • Request ID Card for Motorcycle Policy
  • Claims
    • AutomobileImage of right arrow
      • Auto Accident Claim
    • HomeownersImage of right arrow
      • Property Loss Claim Form
  • Educational Services
  • Resources
    • Secure File Area
    • Refer a Friend
    • Important Links
    • Calculators
    • Insurance Glossary
    • Frequently Asked Questions
    • View our Blog
  • About Us
    • About Us
    • Location Map
    • Employee Directory
    • Testimonials
    • Privacy Policy
  • Contact Us
Auto & Home

Auto & Home

We browse through a wide variety of coverages and find the right one for you.

Get a Quote
Business

Business

We browse through a wide variety of coverages and find the right one for you.

Get a Quote
Health

Life & Health

We browse through a wide variety of coverages and find the right one for you.

Get a Quote
RV

Recreational

We browse through a wide variety of coverages and find the right one for you.

Get a Quote
Annuities

Annuities

We browse through a wide variety of coverages and find the right one for you.

Get a Quote
Home > Blog > Home Childcare Business Special Insurance Considerations
MONDAY, DECEMBER 27, 2021

Home Childcare Business Special Insurance Considerations

Specialty Insurance Considerations for the Professional Home Childcare Business

  As a home childcare business owner, you love being an important part of children’s lives. You enjoy making the time youngsters spend with you as fun and educational as possible, and you want parents to be confident in you as a trustworthy caregiver.

Toward that end, you’ve gone through the necessary vetting—licensing, registration, and so on—to show that you are a reputable business owner. You’ve had your home inspected for potential hazards and rule compliance, and you’ve secured funding for the materials, furniture and equipment that will make your business attractive to parents and their children.

Knowing you need risk protection, you are looking into general liability and business property insurance. Those policies will go a long way in protecting you and your business from potential financial devastation stemming from a variety of possible claims. But there are other types of claims that, should you expect insurance to cover, may require modification to one of your common policies, or in some cases may require the purchase of a separate insurance policy.

Sexual Abuse and Molestation

If you—or someone working on your behalf, such as an employee or volunteer—are accused of sexual abuse or molestation, traditional general liability insurance may not cover a resulting liability claim. Even if the accusation is proven groundless, without insurance coverage, your business—or depending on how your business is structured, you personally—will be financially responsible for paying legal fees and court costs. According to West Ben Mutual Insurance Company, costs for such claims can easily reach six figures. Consider, as well, that the damage to your reputation resulting from even a baseless claim could cause both you and your business to founder. Such consequences are too serious to not consider securing adequate insurance coverage.

Because you realize that children are vulnerable, you likely have a strict vetting process for anyone engaged in your business, and it may seem unthinkable that someone working with you is capable of harmful conduct. And while you hope that such a claim would prove to be groundless, according to the U.S. Department of Health and Human Services, that’s not always the case. In 2015, the child/daycare provider was proven to be the perpetrator in over 1,600 investigated cases of child maltreatment.

Corporal Punishment

Similar to the issue above, traditional general liability insurance may not cover a bodily injury claim filed against your business due to the physical treatment of a child. A signed release from a parent may prove to be helpful evidence should your business be accused of wrongdoing, but without insurance coverage, you or your business would have to pay legal costs out of pocket.

Professional Liability

Traditional general liability insurance is designed to cover claims resulting from bodily injury or property damage, and as a childcare professional, you may be held to a higher standard of care. Tragic accidents can happen all too easily in daycare facilities: In 2014, an Alpharetta, Georgia, toddler was asphyxiated on a playground slide, and in 2016, an Athens, Tennessee, five-year-old was killed when he toppled a television. Perhaps you’ve told customers that your employees are trained and certified in first aid. What happens if an employee treats a child’s injury improperly, making the injury worse? Professional liability insurance may be required should the claim filed against you and/or your business allege that a child’s well-being was harmed due to your failure to provide the standard of care expected.

Business Income

According to babycenter.com, in the U.S., home childcare is normally less expensive than taking a child to a traditional daycare center. That said, the average annual cost to parents for home childcare is $7,761 for babies and toddlers. Regardless of what you choose to charge for your services, your business may be your and your family’s primary source of income.

You may have homeowners insurance to repair your home should it be severely damaged by fire, windstorm or other covered cause of loss. But repairs take time, and if the damage prevents you from operating your home childcare business, how long could you afford to go without that income? Securing business insurance designed to supplement your lost income due to home damage may be what keeps that damage from causing financial devastation for you and your family.

Care for Caregivers

Insurance is complicated, and trying to secure the right coverage for your business without help will prove challenging. Luckily, you don’t have to approach it alone. Contact The Della Porta Group a Trusted Choice® Independent Insurance Agent today.

Posted 12:28 PM

Share |


No Comments


Post a Comment
Required
Required (Not Displayed)
Required


All comments are moderated and stripped of HTML.

NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2014

  • insurance agency(57)
  • insurance agent(54)
  • life insurance(33)
  • jacksonville(30)
  • financial planning(16)
  • long term care(13)
  • homeowners insurance(11)
  • home insurance(11)
  • flood insurance(10)
  • medical insurance(10)
  • retirement(9)
  • auto insurance agency(9)
  • health insurance(9)
  • long-term care insurance(8)
  • business insurance(8)
  • auto insurance(7)
  • financial planner(7)
  • ira(6)
  • car insurance(6)
  • insurance(6)
  • medicare(6)
  • commercial insurance(6)
  • 401(k)(5)
  • disability insurance(5)
  • commercial insurance agency(5)
  • car insurance agency(4)
  • ltci(4)
  • whole life insurance(3)
  • storm(3)
  • automobile insurance(3)
  • term life insurance(2)
  • hurricane(2)
  • health insurance agency(2)
  • retirement planning(2)
  • life insurance agency(2)
  • della porta group(2)
  • long-term disability insurance(1)
  • family(1)
  • family insurance(1)
  • emergency fund(1)
  • loans(1)
  • budgeting(1)
  • maintenance(1)
  • the della porta group(1)
  • #businessinsurance(1)
  • hurricane preparedness(1)
  • long term budgeting(1)
  • disability(1)
  • auto insurance jacksonville fl(1)
  • permanent insurance(1)

View Mobile Version

Contact Us Today!
(904) 646-0310

Social Social Social Social

Resources

  • Products
  • Customer Service
  • Report a Claim
  • About Us
  • Refer A Friend
  • Our Carriers
  • Blog
  • Contact Us

Contact Us

7807 Baymeadows Rd E. Ste.301
Jacksonville, FL 32256

P: (904) 646-0310 | Fx: (904) 646-1143 | info@dellaportagroup.com
© Copyright. All rights reserved. | Powered by Insurance Website Builder