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Summary: Daycare center liability insurance is required by the state, including insurance for the center as well as for center vehicles; covering more than the requirement will safeguard the facility from potential lawsuits. Get information about the necessary liability insurance for a daycare facility advice from the owner of a daycare center in this free video on child care.
Sarah Norris has a BS in early childhood from UNC-Greensboro with Master's Degree courses. She directed Winter Park Baptist Preschool 's Early Weekday Education Program for 14 years,...read more
"Hello I'm Sarah Norris with total childcare in Wilmington, North Carolina and today we are going to talk a little bit about daycare liability insurance. There are numerous insurances that you must carry when you own or manage a daycare center. There are certain requirements from your individual states that will tell you which ones you particularly have to have but liability is certainly one that all states are going to require. They will require it also on your vehicles that you have liability insurance to cover any vehicles that you are using to transport children so that if you have a wreck and you damage someone else's property or vehicle that that person is covered. You would need to be sure to check with your state to see what is required I would recommend that you probably do a little more then the minimum requirements because one lawsuit could certainly cost you quite a lot of money and might possibly cost you to lose your business so it's important that you are well covered that you work with an insurance agent that is familiar with the childcare industry and what is needed not only what is required but what is really needed and what would be, would protect you the best. Which policy, which amount, would give you a safeguard in case there was an issue where your insurance had to be used. So today we talked a little bit about liability insurance, your liable, we are in a business that we are liable everyday. We are liable for children and that's one of the most important things in our world today and one of the things that is often brought to the attention of others that, about insurance that needs to be covered. So be sure that you understand liability insurance that you have the coverage you need and that you take measures to keep it into effect."
eHow Article: Daycare Center Liability Insurance