You can save up to 25% on daycare insurance in Michigan
You can pay for your insurance monthly or annually and you can cancel instantly at any time.
Basic
Lowest Price
General Liability
Per occurrence
$500,000
Commercial Property
Per occurrence
$25,000
Pro
Most Popular
General Liability
Per occurrence
$1 million
Commercial Property
Per occurrence
$25,000
Pro Plus
Best Coverage
General Liability
Per occurrence
$1 million
Commercial Property
Per occurrence
$25,000
We’ll help you get the business insurance coverage you need in Michigan
It’s all about managing your risk. See the different policies available for daycare business in Michigan and save up to 10% when you bundle.
General Liability
Protection for the injuries, accidents and damage you cause
General liability insurance is included in most business insurance packages, including daycare business, because it covers the risks that many business owners face every day. It’s not typically required by law, but some clients and agencies could ask you to have a certificate of insurance before they work with you.
general liability can help you pay for:
Medical payments
Property damage
Legal fees and judgments
Professional Liability (E&O)
Coverage against business mistakes and claims of negligence
Professional liability insurance can help to pay for damages and lawsuit costs if you or your daycare business is accused of work errors or incomplete projects that cause a client to lose money.
professional liability can help you pay for:
Professional negligence (actual or alleged)
Legal defense costs
Legal judgments
Commercial Property
For business owners who own or rent physical spaces
Commercial property insurance is one of the most common types of small business insurance daycare owners buy because of the different types of coverage it offers. It helps with replacement or repair costs if property is stolen or damaged due to a covered event, such as a burst water pipe, fire or vandalism.
commercial property can help you pay for:
Damaged equipment and inventory
Lost income
Operating expenses
How much should a daycare in Michigan expect to pay for business insurance?
Running a small business is a 24/7 job. That’s why NEXT makes it quick and painless to get the right coverage that’s customized exactly to your needs. A daycare business in Michigan has unique needs and we tailor our policy based on:
- How many people are on your payroll
- The state and city in which you work
- The kind of work you do
- The number and types of vehicles you use for work
It usually costs about $18 each month for business insurance for daycare business in Michigan.†
When you can save up to 25% in discounts on business insurance, you can afford to invest in growing your small business. We’re here to make sure you always have the right amount and kind of coverage.
What does a daycare need insurance for in Michigan?
With business insurance from NEXT, you’ll have the protection you need to get your daycare business to the next level. Insurance can help you in many ways:
- General liability coverage helps pay for damage to property that doesn’t belong to you.
- Professional liability insurance helps you defend yourself if you’re accused of making a mistake that causes someone to lose money.
- Workers’ compensation insurance can help cover medical bills and lost wages after a work-related injury. Workers’ comp coverage is usually required by law if you have employees.
- Commercial auto coverage will help pay for collision and other driving-related damage.
- Commercial property insurance can help with replacement or repair costs if your owned or leased property is damaged due to a covered event.
Frequently asked questions about daycare business insurance
Here are some of the most common questions we get about daycare business insurance. If you don’t find the answers you need here, our licensed, U.S.-based insurance advisors are standing by to help via online chat or phone.
Does NEXT Insurance offer daycare business insurance in Michigan?
Yes, NEXT Insurance offers tailored daycare business insurance in Michigan.
Does NEXT Insurance offer Professional Liability coverage for daycare business in Michigan?
Yes, NEXT Insurance offers General Liability, Professional Liability, Commercial Property coverage for daycare business in Michigan.
How does business insurance protect daycares?
Our commercial and home daycare insurance packages are designed to protect your business from a variety of childcaring risks and help you save money to grow your business. You’ll be protected from financial losses related to:
Damage to someone’s property
A child kicks a ball in your outdoor play area and shatters a neighbor’s window. The general liability coverage in your insurance package would help pay for a replacement.Accidents that hurt someone
A child chips a tooth when falling from your playground equipment. Your general daycare liability insurance coverage would also come into play here by helping to pay for medical costs and legal fees.Professional mistakes
Your daycare accidentally serves a snack that contains an allergen and a child has to receive treatment. Professional liability insurance helps you defend yourself if you’re accused of making a mistake that causes someone to lose money.Workplace injuries
An employee strains their back while picking up a toddler. Workers’ compensation insurance with business owner’s coverage can help cover medical bills and lost wages. Workers’ comp is usually required by law if you have employees.Injuries and damage involving your business vehicles
Your work van’s roof is dented by a fallen branch during an overnight storm. Commercial auto insurance will help pay for the repairs. This coverage is also usually required by law for business-owned vehicles.Damage to your own property
A frozen pipe bursts and floods your daycare facility. Commercial property insurance can help with replacement or repair costs if your owned or leased property is damaged due to a covered event, such as a burst water pipe, fire, tornado or vandalism.How can I get a certificate of insurance (COI)?
Once you have a NEXT policy, you’ll have instant access to your certificate of insurance 24/7 via web or app.
Log in to your account and download your COI instantly or have it delivered via email or text at no additional cost. Get unlimited certificates and add an additional insured as you need them. Make changes to your coverage and your COI updates automatically.
What do I need to get an insurance quote online?
It takes about 10 minutes to get a consultant business insurance quote online with NEXT. We’ll ask a few questions about your business — like what you do, your location, how many people you employ and the vehicles you use for work.
You’ll choose your options and see prices. If you like what you see, you can buy online and get a certificate of insurance (proof of insurance) on the spot.
How do you file an insurance claim with NEXT?
If you’re a policyholder, simply log in to your account and file a claim. We will contact you shortly after you submit to go over the details. Our support team is standing by to help.
Get customized insurance wherever you do business
Learn more about insurance options in the states where you work.
Coverage on-the-go for policyholders
Manage your policies, send and create certificates of insurance, or file a claim with our app.
More professions that are covered by NEXT
* To the extent permitted by law, applicants are individually underwritten, not all applicants may qualify. Individual rates and savings vary and are subject to change. Discounts and savings are available where state laws and regulations allow, and may vary by state. Certain discounts apply to specific coverages only.