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Daycare Insurance: Cost & Quotes From $15/mo

Table of contents
1. What is a Daycare Insurance Program?2. Do You Need Insurance for Daycares?3. Day Care Insurance Requirements 3.1. Commercial Auto Insurance3.2. Workers' Compensation4. General Liability Insurance for Daycares4.1. Add-Ons for General Liability Insurance for Daycares4.2. What is Not Covered by General Liability Insurance for Daycares?4.3. Will General Liability Insurance Fully Insure Me?5. Professional Liability Insurance for Daycares5.1. Add-Ons for Professional Liability Insurance for Daycares5.2. How Much Does Professional Liability Cost?5.3. What Affects the Premium Rates of My Insurance?5.4. What Are the Two Types of Professional Liability Policies?6. Public Liability Insurance for Daycares7. Accident Medical Insurance for Daycares7.1. How Much Coverage Does Accident Insurance Offer?8. Tools and Equipment Insurance for Daycares8.1. What Are the Coverage Limits for Tools and Equipment Insurance?8.2. What is Equipment Floater Insurance?9. Commercial Property Insurance for Daycares9.1. What Are Some Add-Ons for Commercial Property Insurance?9.2. What is the Median Deductible for Commercial Property Insurance?10. Business Owner’s Policy for Daycares10.1. Can Business Interruption be Included in Business Owner’s Policy?10.2. What is the Cost of a Business Owner’s Policy?11. Commercial Auto Insurance for Daycare11.1. What Is the Difference Between Commercial Auto Insurance and Personal Auto Insurance?11.2. Can Commercial Auto Insurance Cover Personal Use?12. Workers Compensation Insurance for Daycares12.1. How Much is Workers Compensation Insurance for Daycares?13. Excess Liability Insurance for Daycares13.1. What Is the Difference Between Umbrella Liability and Excess Liability?13.2. Can Excess Liability Insurance be Expensive?14. Daycare Insurance Cost14.1. What Affects the Premium Rates of My Insurance?15. Best Day Care Insurance Companies 15.1. NEXT Day Care Insurance 15.1.1. Pros15.1.2. Cons15.2. The Hartford Day Care Insurance 15.2.1. Pros15.2.2. Cons15.3. CoverWallet Day Care Insurance 15.3.1. Pros 15.3.2. Cons 15.4. Tivly Day Care Insurance 15.4.1. Pros 15.4.2. Cons 15.5. Thimble Day Care Insurance 15.5.1. Pros 15.5.2. Cons 15.6. Hiscox Day Care Insurance 15.6.1. Pros 15.6.2. Cons 15.7. GEICO Day Care Insurance 15.7.1. Pros 15.7.2. Cons 15.8. Allstate Day Care Insurance 15.8.1. Pros 15.8.2. Cons 15.9. West Bend Day Care Insurance 15.9.1. Pros 15.9.2. Cons 15.10. Nationwide Day Care Insurance 15.10.1. Pros 15.10.2. Cons 15.11. Progressive Day Care Insurance 15.11.1. Pros 15.11.2. Cons 15.12. State Farm Day Care Insurance 15.12.1. Pros 15.12.2. Cons 15.13. Assure Day Care Insurance 15.13.1. Pros 15.13.2. Cons 15.14. Markel Day Care Insurance 15.14.1. Pros 15.14.2. Cons 

According to the US Bureau of Labor Statistics, employment of daycare workers is expected to increase by 8 percent from 2020 to 2030. The Census Bureau estimates that nearly 7 million children attend daycare regularly.

With the daycare industry constantly growing, so does the cost of running a daycare business. Luckily, daycare business owners have tools to help them save money on expenses and liabilities. One of the best options for daycare owners to protect their business is daycare insurance designed for home daycares and commercial daycare facilities. 

Getting covered can help. You can use this to cover sexual abuse lawsuits filed against nannies working for your business. Another way to use insurance is to cover the cost of repairs in case your childcare equipment and facilities break down.

What is a Daycare Insurance Program?

Daycare insurance programs have coverage that specializes in mitigating daycares risks from liabilities and property damage. Daycare insurance is essential no matter what kind of daycare you have. This doesn't only grant protection but also help you satisfy requirements that clients, partners, and the state impose.While getting extra insurance for your daycare may seem like a hassle, it is necessary. Insurance providers offer day care insurance services to keep your business and the kids safe.


Do You Need Insurance for Daycares?

Yes, most states require daycares that look after a minimum number of kids to have daycare liability insurance to meet business licensing requirements. The following types of daycare businesses will need insurance:

  • Preschool programs

  • Religious or not-profit daycares

  • Childcare centers


The National Database of Child Care Licensing Regulations has a tool to help you find childcare centers in your area. They also can help you find any licensing regulations and daycare business insurance requirements that your daycare needs to follow.


Day Care Insurance Requirements

Commercial daycare insurance is required for Type A and B family day-care homes. One requirement is liability insurance. Daycare liability insurance covers perils that may arise from care.


Commercial Auto Insurance

Daycare insurance requirements for your business might include commercial auto insurance. Commercial auto insurance may be required if you use vehicles in your business. When you use vehicles for work activities, personal auto insurance will typically not cover them. You should get a commercial auto insurance policy to protect vehicles adequately.


Workers' Compensation

Workers compensation for daycare is required in most states if you have employees. This coverage will pay your injured employees when they get hurt. The policy pays lost income and medical costs for these injured employees. It will also cover chronic illnesses or health conditions a worker catches on the job.


General Liability Insurance for Daycares


CoverWalletNEXT (Best)ThimbleHiscoxThe Hartford
Per occurrence limit$1,000,000$1,000,000$1,000,000/$2,000,000$2,000,000$1,000,000/$2,000,000
Aggregate limit$2,000,000$2,000,000$1,000,000/$2,000,000$2,000,000$1,000,000/$2,000,000
Products and completed operations aggregate limit$2,000,000

$1,000,000$2,000,000$1,000,000$1,000,000
Advertising injury coverage aggregate limit$1,000,000$1,000,000$2,000,000$1,000,000$1,000,000
Tenant’s legal liability coverage limit$300,000/$1,000,000
$300,000$100,000$100,000$1,000,000
Waiver of subrogation included?YesNoIncludedCan be includedNo
Hired/non-owned auto liability coverage included?YesNoNoCan be includedCan be included
Equipment breakdown floater included?NoYesYesCan be includedCan be included
Can you get a certificate of insurance online?YesYesYesYesYes
Name additional insureds?YesYes
YesYesYes
Deductible$0$0$0$0$0


General liability insurance for daycare providers protects against bodily injury and property damage. Some situations where this policy can help daycares include:

  • A visiting parent slips and falls on your property

  • A child at the daycare has one of their devices damaged by a worker

  • A parent sues the daycare for slander about their child


Add-Ons for General LiabilityInsurance for Daycares

A valuable add-on for daycare liability insurance coverage to consider is an umbrella policy. This add-on allows you to extend your coverage beyond the typical coverage limit.

Another add-on you should consider is hired & non-owned auto. This policy protects employees' vehicles when involved in a work-related task.


What is Not Covered by General Liability Insurance for Daycares?

A few things are not covered by general liability insurance for daycare businesses. It won’t cover business auto incidents, mistakes in professional service, damage to your business property, or employee injuries.


Will General Liability Insurance Fully Insure Me?

No, general liability does not typically offer full coverage for all situations. It is subject to policy limits that will eventually run out. Also, it won’t cover illegal acts that result in damages or intentional wrongdoing.


Professional Liability Insurance for Daycares


CoverWalletNEXTThimble (Best)HiscoxThe Hartford
Per occurrence limit$1,000,000$1,000,000$1,000,000/$2,000,000$1,000,000$1,000,000
Aggregate limit$2,000,000$2,000,000$1,000,000/$2,000,000$1,000,000$2,000,000
Name additional insureds?YesYesYesYesYes
Waiver of subrogation included?YesNoYesCan be includedNo
HIPAA coverage included?NoNoNoNoNo
Sexual misconduct coverage included?NoNoNoNoCan be included
License defense coverage included?NoNoNoNoCan be included
Deductible$500$500$500$50/$10,000$500


Professional liability insurance Liability insurance for daycare center covers mistakes and omissions in your daycare service. Some situations in that you will use this coverage include:

  • A daycare worker makes a mistake that causes a child to get injured

  • You are sued for negligence in business operations in court


Add-Ons for Professional Liability Insurance for Daycares

  • Extended reporting period coverage is an add-on that covers you even if the policy period has expired

  • Another add-on to research is additional insured. This add-on will let you add more parties to get protection from your professional liability policy. You can extend coverage even if they are not named on the initial policy


How Much Does Professional Liability Cost?

You can get daycare insurance quotes for your professional liability coverage for about $100 monthly. Many insurers offer free and quick ways to get quotes so you can figure out how much you need to pay.


What Affects the Premium Rates of My Insurance?

Not every business will pay the same amount for insurance. Daycare insurance rates will vary based on the following factors:

  • Location of your daycare

  • The size of your business

  • Your number of employees

  • The claims history of your business


What Are the Two Types of Professional Liability Policies?

The two types of professional liability policies are claims-made and occurrence policies. Claims-made policies require you to file a claim during the policy period. Occurrence policies activate during the time an event takes place. You still get coverage for occurrence policies even if the lawsuit is filed after your policy lapses.


Public Liability Insurance for Daycares

Public liability is similar to general liability but is narrower in scope. Your Insurance for daycare homes will already have public liability protection if you have general liability insurance. Some insurers consider the insurance term outdated and offer a general liability policy instead. Public liability can help in situations like:

  • A member of the public is touring your daycare and hurting themselves.

  • Someone damages their property on your commercial property due to unsafe conditions.


Accident Medical Insurance for Daycares

Daycare accident insurance covers incidents where qualifying injuries can lead to severe disability or even accidental death. Examples of where this might be useful are listed below.

  • You slip and fall on a children’s toy, breaking your leg

  • You receive a burn while cooking something for your daycare children

  • While working in the daycare, you bend over and injure your back


How Much Coverage Does Accident Insurance Offer?

Typically you will see coverage for a single accident between $10,000 and $25,000. However, if you seek out higher daycare insurance rates, your policy limit can get even higher.

Compare Cheap Daycare Insurance Quotes Online

Get all the best quotes from leading providers in a click of a button!

Tools and Equipment Insurance for Daycares


NEXT ThimbleHiscoxThe Hartford
Aggregate limit$3,000/$10,000$2,500/$5,000$15,000/$25,000$5,000-$10,000
Covers hired and borrowed equipment?$3,000/$10,000$2,500/$5,000NoYes
Miscellaneous equipment also covered?$5,000/$10,000NoYesYes
Offered as an endorsement to general liability insurance?YesYesYesYes
Deductible$500$500$0$0


Tools and equipment insurance covers tools and equipment you use for daycare services. This insurance covers any tools you use in your business up to a limit. Some examples of when this coverage kicks in include:

  • A child damages a toy set that other kids use

  • Any electronics used in your business


What Are the Coverage Limits for Tools and Equipment Insurance?

Tools and equipment insurance offers $2,500-$25,000 coverage.


What is Equipment Floater Insurance?

Equipment floater insurance is coverage for equipment that is used at different locations. If you use your tools at different daycare centers, this policy option will cover them if they are lost, damaged, or stolen.


Commercial Property Insurance for Daycares


CoverWalletNEXT (Best)ThimbleHiscoxThe Hartford
Building coverage limit (minimum)$50,000$260,000$25,000/$500,000$25,000$60,000
Contents coverage limit (minimum)$50,000$22,000$25,000/$500,000$25,000$60,000
Outdoor signsExcluded$2,500ExcludedExcludedExcluded
Accounts receivable ExcludedExcluded$5,000/10,000IncludedExcluded
Money and securitiesExcluded$2,500$1,000IncludedExcluded
Lock and keys Excluded$2,500ExcludedExcludedExcluded
Business interruption floaterExcludedIncludedIncludedIncludedExcluded
Equipment breakdown floaterExcludedIncludedExcludedExcludedExcluded
Inland marine insurance floaterExcludedExcluded$10,000ExcludedExcluded
Employee dishonesty floaterExcluded$5,000$2,500IncludedExcluded


Commercial property insurance covers the costs of property damage you sustain in ordinary business. Some examples of when you want to use this coverage include:

  • A careless driver damages part of your building

  • Someone breaks into the daycare and vandalizes your property


What Are Some Add-Ons for Commercial Property Insurance?

Some special forms of commercial property would be a good idea for your daycare business, like all-risk coverage. This allows you to get coverage for a wider variety of perils unless it is excluded from the policy. This add-on is more expensive but offers broad protection.

Another business property add-on is earthquake insurance. This add-on covers damage to your property from earthquakes, landslides, and earth movements that a standard policy might not cover.


What is the Median Deductible for Commercial Property Insurance?

Commercial property insurance has a deductible of about $1,000 as a median average. Your deductible will correlate with the cost of your policy. A higher cost generally means a lower deductible. Not every policy will necessarily have a deductible.


 A person coloring with crayons


Business Owner’s Policy for Daycares


CoverWalletNEXT (Best)ThimbleHiscoxThe Hartford
Building coverage limit (minimum)$50,000$260,000$25,000/$500,000$25,000$60,000
Contents coverage limit (minimum)$50,000$22,000$25,000/$500,000$25,000$60,000
Outdoor signsExcluded$2,500ExcludedExcludedExcluded
Accounts receivable ExcludedExcluded$5,000/10,000IncludedExcluded
Money and securitiesExcluded$2,500$1,000IncludedExcluded


A business owner’s policy combines the coverage of general liability insurance, business interruption, and commercial property insurance. Some situations where you will use this coverage include:

  • A child you are in charge of slips and falls on a play mat

  • The contents of your commercial property get stolen by a thief


Can Business Interruption be Included in Business Owner’s Policy?

Yes. Business interruption insurance is often bundled with a business owner’s policy. It protects against physical events like floods and fires that disrupt your daycare’s ability to do business.


What is the Cost of a Business Owner’s Policy?

The average cost of a business owner’s policy is around $115 per month. The price of your policy may be different depending on your circumstances. Choosing a business owner’s policy can reduce your commercial daycare insurance cost because it is typically cheaper than buying separate policies.


Commercial Auto Insurance for Daycare

Commercial auto insurance covers damages to your business vehicles if damaged, lost, or stolen during business operations. Some examples of when you might use this coverage include:

  • Someone breaks into the parked car that you use to pick up kids at the daycare and damages it

  • You get into a collision accident while driving a car for business purposes


What Is the Difference Between Commercial Auto Insurance and Personal Auto Insurance?

Commercial auto insurance covers your vehicle when used for work activities and traveling to work sites. Personal auto insurance covers only the personal uses of your car, and any accidents that occur during work are not covered. The only exception is your commute to work. Personal auto policies often cover commutes to work.


Can Commercial Auto Insurance Cover Personal Use?

Yes, commercial auto insurance can cover vehicles you use for business and personal purposes, depending on the policy. 


Workers Compensation Insurance for Daycares

Workers compensation insurance covers employees who get injured or ill due to their duties. This covers medical treatment, medication, rehabiliation, and death benefits. Failure to get workers compensation insurance is punishable by law. 


How Much is Workers Compensation Insurance for Daycares?

Workers compensation insurance for daycare centers cost for premiums is $121 monthly. The rate you get for your policy will depend on where you live and your number of employees.


Excess Liability Insurance for Daycares

Excessive liability insurance gives policyholders financial protection and higher policy limit claims. It can protect you if one of your liability incidents becomes too costly. Some examples where this is useful include:

  • You already have a commercial property policy, but it won’t cover the total damages of damage to your daycare.

  • Your general liability policy has a low limit that won’t cover an excessive medical injury.


What Is the Difference Between Umbrella Liability and Excess Liability?

Excess liability insurance increases the limits of an underlying policy. In contrast, an umbrella liability policy expands the scope of existing coverage.


Can Excess Liability Insurance be Expensive?

Yes, sometimes excess liability will be expensive compared to a standard policy. However, it offers excellent value for its cost and can be affordable depending on the insurer.

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Daycare Insurance Cost


Cost per MonthCost per YearDeductible
General liability insurance$75$900$0-$500
Professional liability insurance$100$1,200$1,000-$2,000
Commercial property insurance$82$984$1,000-$2,000
Business owner's policy$115$1,380$1,500
Tools and equipment insurance$89$1,068$500-$1,000
Commercial auto insurance$77$924$500-$1,000
Workers compensation insurance$121$1,452$2,500-$5,000
Excess liability insurance$79$948$500-$1,000


Your daycare insurance cost is $75 per month or $900 per year for a $1 million general liability policy. The average cost of daycare insurance doesn’t always correspond to what your business will pay.  Consider doing these things to enjoy cheap daycare insurance:

  • Have high deductibles

  • Remove add-ons

  • Bundle policies


In connection, here’s a table showing the cost of a $1 million general liability policy from companies we recommend:


Cost per MonthCost per YearBest for
NEXT$56$672Best overall; Fastest general liability insurance for daycares
The Hartford$59$708Workers compensation insurance for daycares
CoverWallet$60$720Comparing daycare insurance quotes online
Tivly$63$756Daycare insurance quotes comparison over the phone
Thimble$65$780On-demand coverage for daycares
Hiscox$68$816Daycare insurance with worldwide coverage
GEICO$70$840Commercial auto insurance for daycares
Allstate$74$888Agent expertise
West Bend$75$900In-home daycares
Progressive$79$948Selection of discounts
Nationwide$80$960Customizing the policy yourself
State Farm$85$1,020Small daycare solutions
Assure$100$1,200Group liability coverage
Markel$115$1,380Commercial daycareo options


Gain more insights on the average cost of liability insurance for daycare by comparing quotes. Click on the “Get Quotes” button on this page to start. 


What Affects the Premium Rates of My Insurance?

Not every business will pay the same amount for insurance. Daycare insurance rates will vary based on the following factors:

  • Location of your daycare

  • The size of your business

  • Your number of employees

  • The claims history of your business

Compare Cheap Daycare Insurance Quotes Online

Get all the best quotes from leading providers in a click of a button!

Best Day Care Insurance Companies 

Here are companies you want to consider working with. Read some of the reviews below to know their pros, cons, and average rate for a $1 million general liability policy:


NEXT Day Care Insurance

Pros

  • Best overall

  • Issues an online proof of insurance instantly

  • Fastest general liability insurance for daycares

  • Great customer service and reputation

  • Excellent rates

  • Outstanding value for money

  • Get a 10% discount if you buy two or more policies 

Cons

  • Couldn’t find any

NEXT offers options like general liability, professional liability, commercial auto, business owner’s policy, tools & and equipment. They have an A- rating with AM Best and a B+ with the Better Business Bureau. Daycare owners can pick up multiple necessary policies thanks to their bundle discount. The bundle discount applies when you purchase two or more insurance policies with NEXT.

Best for: Best overall; Fastest general liability insurance for daycares

Average cost: $56 per month

Our rating: 10/10


The Hartford Day Care Insurance

Pros

  • Lots of options daycare owners care about

  • Experienced agents

  • Over 200 years of insurance experience

Cons

  • Doesn’t cover every state

The Hartford has excellent policy options for daycare businesses to pick from. They offer general liability, professional liability, commercial auto, and more. The company stands out thanks to its business agent system, which helps them get insight into your business before recommending it. They have an A- rating from AM Best and an A+ BBB rating. The Hartford is responsible for delivering $11 billion in written premiums annually and is a leader in the insurance market.

Best for: Workers compensation insurance for daycares

Average cost: $59 per month

Our rating: 10/10 


CoverWallet Day Care Insurance

Pros 

  • Quick quotes

  • Over ten A-rated partners

  • Industry resources

Cons 

  • Not an insurance company but an insurance broker 

As CoverWallet’s name suggests, it is one of the premier insurance shopping exchanges. They offer policies like general liability, commercial auto, business owner’s policy, and many others. While they don’t have a dedicated page for daycare insurance, they connect you to different partners specialized in your industry. The company has an A+ rating from the BBB.

Best for: Comparing daycare insurance quotes online 

Average cost: $60 per month

Our rating: 10/10 


Tivly Day Care Insurance

Pros 

  • Over 200 partners are available

  • Generate multiple quotes in minutes

  • Focuses on insurance solutions to your problems

Cons 

  • You need to call to compare quoes

Tivly offers an advantage to daycare owners thanks to its 200 partners with experience in every industry. They utilize their technology background to offer a flexible targeting system that provides excellent policies like general liability, professional liability, commercial property, and more. They make it easy to get both quotes and connect to the company providing your policies. Tivly has an A rating from the BBB and has been in the insurance market for 20 years. Call now to compare quotes over the phone. 

Best for: Daycare insurance quotes comparison over the phone

Average cost: $63 per month

Our rating: 10/10 


Thimble Day Care Insurance

Pros 

  • Discounts for daycare business insurance

  • Good customer ratings

  • Offers short-term coverage

Cons 

  • Prices can vary depending on the policy combination

Thimble knows every daycare business is unique, so it lets you pay for your needed coverage. They offer a selection of partners that provide general liability insurance but many other essential policies. They offer a 36% discount on their daycare insurance if you qualify for the right policies. This company has sold over 200,00 policies and has an A+ rating from the BBB. Their Better Business Bureau score reflects how well they respond to customer complaints, the truth in their advertising, and other marketplace behaviors.

Best for: On-demand coverage for daycares

Average cost: $65 per month

Our rating: 10/10 


Hiscox Day Care Insurance

Pros 

  • Small-business focused

  • Tailored daycare policies

  • Offers worldwide coverage

Cons 

  • Not available in Alaska

Hiscox takes a focused approach to daycare insurance. They offer fewer policy options but help you customize and tailor them to maximize your value. With Hiscox, you won't pay for what you don't need. They have a solid A (excellent) rating from AM Best. Most of their customers are small business owners, so they have experienced agents who can serve your daycare's needs.

Best for: Daycare insurance with worldwide coverage

Average cost: $68 per month

Our rating: 10/10 


GEICO Day Care Insurance

Pros 

  • High customer satisfaction

  • Top-rated insurance app

  • User-friendly mobile app

Cons 

  • Doesn’t have everything you need

GEICO daycare insurance offers policies like general liability and commercial auto. Their policies have everything you expect them to have. Still, their real value comes with the ability to carry your costs over between different types of business insurance. They boast a 97% customer satisfaction rate. This company also has an A++ rating from AM Best, their superior rating.

Best for: Commercial auto insurance for daycares

Average cost: $70 per month

Our rating: 8/10


Allstate Day Care Insurance

Pros 

  • Agents have industry experience

  • Good options for daycare owners

  • Accident forgiveness for auto insurance

Cons 

  • Customer ratings are below average

Allstate daycare insurance offers options for daycare owners like business owner’s policy, property coverage, liability coverage, and equipment breakdown coverage. They are an established company you can trust, with over 92 years in business. Allstate's agents have experience in the needs of your industry. Allstate has an A+ rating with AM Best and an A+ rating from BBB.

Best for: Agent expertise

Average cost: $74 per month

Our rating: 8/10 


West Bend Day Care Insurance

Pros 

  • In-home daycare-focused policies

  • Specifically designed for childcare businesses

  • Over 125 years of insurance experience

Cons 

  • Fewer options than major brands

West Bend daycare insurance helps insure your childcare business property and provides home daycare customers coverage. They offer options for equipment, property, general liability, and professional liability insurance.

West Bend has an A rating from AM Best for its financial strength. They have a program that offers policies for in-home daycare centers, commercial daycare centers, and latchkey operations.

Best for: In-home daycares

Average cost: $75 per month

Our rating: 8/10 


Nationwide Day Care Insurance

Pros 

  • Choose what is suitable for your daycare

  • Bundle different policy options

  • Pet injury coverage for auto policies

Cons 

  • Some policies are not available in all states

Nationwide daycare insurance has options like business owner’s policy, commercial auto, general liability, and more. They make it easy to choose what you need in the quote process before an agent follows up to ensure you get what you need. Nationwide has an A+ rating with AM Best and an A+ from BBB. Their financial strength means you can be sure they will pay out claims when needed.

Best for: Customizing the policy yourself

Average cost: $80 per month

Our rating: 8/10 


Progressive Day Care Insurance

Pros 

  • The Advantage Program lets your policies evolve as your business does

  • Customized coverage

  • Excellent selection of discounts

Cons 

  • No coverage in Hawaii

Progressive daycare insurance has an advantage business program that lets you choose when to commit to your coverage policies. Your policy combinations can evolve during each stage of your business development. 

This company has an A+ from AM Best for its financial strength and an A+ from BBB. They have been in business for 86 years. They are a perfect choice for business owners looking to get a customized policy for their daycare business.

Best for: Selection of discounts

Average cost: $79 per month

Our rating: 8/10 


State Farm Day Care Insurance

Pros 

  • Policies are unique to you

  • Strong customer service reputation

  • Offers multiple discounts for policies

Cons 

  • Not available in some states

State Farm daycare insurance has many options and serves over 300 professions with experienced agents. Daycare owners will find a business owner’s policy tailored just for them. Alternatively, they can choose other options like general liability and professional liability.

State Farm managed to secure an A++ (Superior) rating from AM Best. They also have a BBB rating of A+ and have over 19,000 agents spread out across the US.

Best for: Small daycare solutions

Average cost: $85 per month

Our rating: 8/10 


Assure Day Care Insurance

Pros 

  • Specialized group liability for childcare providers

  • Group liability policy

  • Cost-effective programs

Cons 

  • Lacks some policy options

Assure daycare insurance has a group liability policy that covers multiple members and protects your business from claims involving bodily injury and worker’s compensation. Assure is entirely focused on the childcare policy and offers a membership that is available in 40 different states. They have an online service center to get your certificate of insurance quickly. Important to note that Assure insurance is made with Adults and Children’s Alliance daycare insurance partnering with Hays Companies. 

Best for: Group liability coverage

Average cost: $100 per month

Our rating: 8/10 


Markel Day Care Insurance

Pros 

  • In-home and commercial daycare options

  • Childcare-focus

  • Over 90 years of insurance experience

Cons 

  • You might need to contact an agent for a quote

Markel daycare insurance has many great policies for daycare business owners. The company has commercial daycare policies focusing on the needs of in-home and commercial daycare centers. They also have policies that protect child development, medical services, and more. Markel offers accidental medical coverage that covers many types of group activities for the kids in your daycare.

Best for: Commercial daycare options 

Average cost: $115 per month

Our rating: 8/10 


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