Liability insurance policy protects you for claims that may be reported in the future, even after you have stopped practicing, as long as the policy was in force at the time of the alleged incident.
If one of your day care children gets hurt in your home or on a field trip, you may have to pay a lot of money. Liability insurance is an agreement in which a company promises to pay the medical expenses and damages of someone who gets hurt in your home. Liability insurance can protect you and your possessions, up to the limits of the policy, if a judge decides that a child and his or her family should be paid.

Legal Fees Paid - Win or Lose
Coverage through liability insurance will defend your interest first and foremost. An attorney will be provided to represent you personally, when we find it necessary. Legal fees will be paid for covered claims, in addition to your liability limits - WIN or LOSE.

Why Day Care Programs Should Have Liability Insurance
If you have a liability insurance policy, you will not have to worry as much that someone might sue you for a lot of money. If you do not have liability insurance, how would you pay $100,000 or more if a judge said you had to? Would you have to sell your home and your car? If you have liability insurance, the insurance company would pay (up to your policy's limits).

Cost of Liability Insurance
Each year the cost of liability insurance increases. You should get an estimate from an insurance agent. Talk to several agents about what kind of coverage you should have and how much it will cost. When you do your income taxes, you can subtract the insurance cost from your income as a business expense.

Getting Liability Insurance
Some insurance companies will cover you by adding to your homeowner's or renter's insurance. They charge an extra fee for this coverage.
You can also buy a policy to cover just liability for your day care business.