How to insure your home daycare

Are you planning to open your own private daycare center, or perhaps you are already in business? To help you fully and safely enjoy your home daycare venture, Assurances Multi-Risques would like to offer you some home insurance tips! Say goodbye to problems and hello to little friends!

Insurance and home daycare: what you need to know

La règle numéro 1 en assurance est de toujours aviser votre assureur de tout changement pouvant modifier votre contrat. C’est ce qu’on appelle dans le jargon des assurances, l’aggravation de risques. Il en va de votre responsabilité d’informer l’assureur de tels changements, sans quoi vous pourriez ne pas bénéficiez de votre protection.

Therefore, if you start a business at your residence, such as a daycare center, you must immediately notify your insurer, as these are excluded from your home insurance policy. If you fail to notify your insurer, it would be truly unfortunate for you to have an inadmissible claim and lose your most important asset, your home.

So, contact your insurer immediately and check with your insurance agent or broker to see if they cover home-based daycare, because unfortunately, not all insurance companies agree to cover private daycare!

Factors that affect your home insurance

Here are a few things to keep in mind before opening your daycare, as they could have a significant impact on your home insurance.

• Check with your insurer or broker to find out how many infants (under 18 months) are accepted, as there is a limit.
• Also ask if your insurer allows you to have children with mental or physical disabilities.
• It is very important to be honest with your insurer if you own a dog or cat. An insurer may refuse to insure you if you own animals or reptiles. If you hide the truth and something unfortunate happens, you could be at serious risk… Don’t make this mistake!
• Make sure your yard is fenced and safe for the little ones who will be playing there!

Some insurance options for your private daycare center

Has your home insurer just agreed to cover your home daycare? Great news! Now, here are a few options available to you.

1. L’ajout d’une extension de garantie responsabilité civile pour la garderie à domicile : advenant le cas où un enfant se blesserait à votre résidence, vous serez couvert en cas de poursuite.
2. You can also add a home-based worker package: depending on your type of home insurance policy, your professional property is limited to your policy. In your insurance policy, all contents used for your daycare, including toys, are defined as professional property. The home-based worker package allows you to increase your professional contents coverage.

What’s more, this additional coverage could even cover your loss of income if your daycare center has to close due to a home insurance claim (e.g., if you have to close your daycare center for two weeks because of water damage requiring renovations!).

In conclusion

Nous savons que ce n’est pas toujours évident de démêler toutes les possibilités d’assurances offertes pour les garderies en milieu familial. C’est pour cette raison que nous vous conseillons fortement de contacter un courtier d’assurance indépendant. Il saura vous guider et vous conseiller à travers ces formalités!

At AMR, we take care to analyze each client’s needs in order to offer them insurance policies that suit them, at the best value for money on the market. And because we are independent professionals, we have access to a wide range of insurers across the country, some of which do not sell directly to the public.

So that you can take care of your little ones without worrying about anything else, leave your insurance to us! You take care of the children as if they were your own, and we take care of your insurance as if it were our own!