Lowering Your Day Care Insurance Cost Without Cutting Coverage
- Nate Jones, CPCU, ARM, CLCS, AU
- 2 days ago
- 2 min read
Finding ways to reduce the insurance cost for a day care is a priority for many child care business owners especially when budgets are tight and coverage requirements remain high. The good news is that you don’t need to reduce or remove important protection to save money. In fact, the smartest strategies help you maintain or improve coverage while still lowering your annual premium.
Below are proven ways to reduce day care insurance costs without exposing your business to unnecessary risk.
1. Strengthen Safety Procedures and Staff Training
Insurance companies reward day care centers with strong safety protocols. Carriers evaluate:
Staff‑to‑child ratios
CPR and First Aid certifications
Background checks
Playground safety programs
Well‑documented training can lower your premium because it reduces the likelihood of claims. Organisations like the Insurance Information Institute offer guidance on how proper safety training impacts liability risk.
2. Improve Facility Safety and Maintenance
The condition of your day care facility significantly affects your day care business insurance quote. Insurers look closely at:
Fire suppression systems
Smoke detectors and extinguishers
Secured entrances
Fenced play areas
Slip‑resistant flooring
Clean, monitored classrooms
Upgrading safety features can help you qualify for lower insurance rates.
3. Review Deductibles and Policy Structure
Increasing deductibles slightly can reduce your premium, without compromising coverage limits. However, deductibles must remain affordable if a claim occurs.
Smart adjustments include:
Raising property deductibles
Considering higher deductibles for liability endorsements
Ensuring deductibles align with risk tolerance
The goal is to reduce premium costs while maintaining strong coverage.
4. Bundle Coverage Through a Specialised Agency
The fastest way to lower insurance costs is to work with an agency that specialises in child care insurance. Generalist agents often miss:
Day care‑specific endorsements
Abuse & molestation coverage needs
Proper limits for child supervision risks
Multi‑carrier savings opportunities
Specialised agencies compare carriers, identify savings, and place you with insurers that understand day care operations.
5. Maintain a Clean Claims History
Insurance companies heavily weigh your claims history. Frequent incidents, injuries, property damage, or negligence allegations, can increase premiums for years. Strong supervision, safety protocols, and staff training can help reduce claims and maintain lower pricing.
Get the Best Price for Your Day Care Insurance
Not all insurers understand child care risks, and pricing varies based on safety measures, staff training, facility condition, and claims history. Wexford Insurance partners with top‑rated carriers that specialise in day care coverage, helping business owners secure the best limits, deductibles, and policy structures without sacrificing protection.
👉 Request your day care business insurance quote from Wexford Insurance today and make sure your children, staff, and business are fully protected.
