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  1. I had a friend get out of the Home Child Day Care Business. She’d been in a while and loved it. The money helped her family out and her children always had others to play with. Yet, she found out that her home owners insurance would not pay if a child got hurt on her property through her business, unless she took out a different policy which she could not afford.
    She looked around. The cheapest policy she did find would mean she’d have to raise the rates to those she was providing care for. She discussed with them whether they would be willing to pay the rate increase or if she did so would they go looking for another provider.
    They weren’t willing. Therefore she gave them two months notice as in their contract to find alternative placements in other Day Care Centers.
    She did end up keeping one child a bit longer, but that’s because the mother wanted to stop working once her husband who was overseas in the military got back into the states again.
    So I guess affording additional insurance if your homeowners policy won’t cover children hurt at your home day care business needs to be factored in.

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