What are the risks your day care center faces?
Owning a Day Care Center carries inherent risks, such as accidents involving children or unexpected property damage. For instance, a child could get injured on the premises, leading to potential lawsuits, or unforeseen disasters like fires or floods could damage the facility and its contents. Without the correct insurance coverage, these situations could jeopardize your investment. Having liability insurance can help protect your assets and cover legal costs in case of accidents, while property insurance ensures that your daycare center can recover from unexpected disasters, safeguarding your financial stability in this unpredictable industry.