Who we are and how we help property insurers and agents throughout the U.S.
Engaging thought leadership on key insurance industry issues from our CEO.
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An underwriter’s guide to risk and how to protect against it.
Learn about key insurance trends and how data helps you navigate them.
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Discover customer success stories powered by BuildingMetrix solutions.
Harness the latest tools to achieve your underwriting goals.
Get step-by-step how-to articles on all BuildingMetrix data products.
Everything you need to know about managing this growing risk.
Who we are and how we help property insurers and agents throughout the U.S.
Engaging thought leadership on key insurance industry issues from our CEO
Keep up with changes in the P&C industry with our weekly newsletter.
An underwriter’s guide to risk and how to protect against it.
Learn about key insurance trends and how data helps you navigate them.
Help your customers understand and be covered for earthquake risk.
Discover customer success stories powered by BuildingMetrix solutions.
Harness the latest tools to achieve your underwriting goals.
Get step-by-step how-to articles on all BuildingMetrix data products.
Everything you need to know about managing this growing risk.
Numerous terms are used interchangeably to describe home daycare facilities, including family childcare providers (FCCs), in-home daycares, home-based daycares, and neighborhood daycares. Regardless of the specific terminology or physical location, these establishments all serve the purpose of providing daytime childcare within residential homes.
All types of daycares are popular childcare options. However, they come with inherent risks. It is crucial for insurers offering coverage for these facilities to have a clear understanding of their risk concentration and to effectively manage their exposure.
Utilizing DayCareSpotter empowers you to quickly compare your business portfolio with a database of known daycare addresses, generating a comprehensive list of properties within your book.
NOTE: We currently have complete data for Washington state and are actively working on attaining data for additional states.
Even well-run daycares, properly licensed and following all the rules, can encounter accidents.
Here are some of the liabilities and risks to be aware of:
Transport liability |
Corporal punishment liability |
Abuse and molestation liability |
Additional risks include:
(1) Unsafe facility environment, (2) lack of proper sanitation and other health concerns, including illness transmission and improper food safety, (3) insufficient nurturing and care, (4) under-trained staff, (5) improper administration of medication, and (6) Sudden Infant Death Syndrome (SIDS).
Providing coverage to daycare facilities can lead insurance companies into complex legal challenges, especially when dealing with a large number of facilities.
Identifying daycare facilities in your portfolio usually involves gathering data on all facilities in each state of operation and carefully evaluating each policy based on this information, a time consuming operation. DayCareSpotter simplifies this process.
When you provide us with your list of addresses, we compare them against our regularly updated database of comprehensive daycare data. Save valuable time searching for relevant information and dedicate more time to assisting customers in obtaining the necessary coverage while mitigating risks to your business.
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