The home insurance cost for a daycare which is operated out of a providers' home in Oklahoma could be set to change. This is because of a request by Rep. Mike Shelton for a legislative study on feasibility of requiring home daycares to carry liability insurance. Shelton, a Democrat from Oklahoma City, believes that insurance should be required for any business that is taking care of children.
Most daycare centers already carry such insurance, but there are some in Oklahoma that remain exempt. Shelton's concern is that families could lend up paying to much for medical expenses in the event of an accident at an uninsured daycare center. He doesn't think it's fair for families to carry that burden alone, and estimates that the cost for home daycare facilities to carry insurance would be moderate at about $500 per year.