Secure Peace of Mind Daycare Insurance Warren Buffett Recommends

Types of Coverage Available

Daycare insurance typically includes several types of coverage, each catering to different aspects of your business:

• General Liability Insurance: Protects against claims of bodily injury or property damage that occur on your premises. This is essential for covering medical expenses or legal fees if a child is injured while under your care.
• Professional Liability Insurance: Also known as errors and omissions insurance, this covers claims related to negligence or failure to provide adequate care.
• Property Insurance: Covers damages to your physical location and its contents, such as furniture and educational materials, due to events like fire or theft.
• Workers' Compensation Insurance: Required in most states, this provides coverage for employees who are injured on the job, covering medical expenses and lost wages.