Call for more info! 612-486-4752 Toll Free: 855-818-KIDS (5437)
Ready to make a payment? Pay Online

Purchasing An Insurance Policy

Why does a Provider who operates a Family Child Care business need accident & liability insurance?

First and foremost, it is important to remember a Provider is operating a business in their home. Children are “in training” and as they grow and develop they fall, or may pinch a finger which needs medical attention. Accidents do occur and insurance provides you with coverage to pay the medical bills. At times, the accidents result in injuries which harm a child and a parent may sue for damages. Protect your business, the children you care for and your own family by purchasing accident and liability insurance.

What is the advantage of a group policy like the one available through Assure Child Care?

A group policy is available to Members of Assure Child Care. The policy has been developed to include both accident and liability coverage needed by Family Child Care Providers to protect their businesses.

The group policy allows the Provider to select the limits of coverage, and the effective date of your policy. A group policy provides stability as the entire membership of Assure Child Care is part of the group.

Is Business Personal Property / Business Interruption Insurance needed for my family child care business?

Life is full of surprises, some are unwelcome. Business Personal Property insurance is one of the best ways to protect business property from damage caused by inclement weather, fire, or crime. Business Interruption coverage covers expenses and lost income after damage due to fire, inclement weather or crime.

Do I need Workers Compensation Insurance if I hire an employee occasionally?

While there are differences from state to state, almost all employers must carry this insurance. It provides benefits to employees who suffer work-related injuries and illnesses. To find out the details of your state's law, contact your Child Care Licensing Specialist and the state department of workers compensation.

What is the difference between an occurrence and a claims made policy?

An “occurrence” policy is best for Family Child Care because it covers claims reported after the policy expires.   As long as the incident occurred while a policy was in effect, the coverage is still available to respond to the loss.    A “claims made” policy only covers a claim reported during a specified time, usually during the policy term.

Allegations and claims can be made against a Provider years after the injury and after a child has left care or even after a Provider goes out of the business.

To gain the most protection for your Child Care business, purchase an occurrence policy.

The policy which Assure Child Care offers is an “occurrence” policy.

Who is A.M. Best and what does the rating mean?

The liability carrier which Assure Child Care uses, Philadelphia Indemnity Insurance Company, is rated “A++” by A.M. Best which is the highest rating given.