Specialized Insurance and Benefits for Colorado Early Learning and Care Programs
Is your early learning program struggling to find affordable business insurance? What about health benefits for your staff? If so, you’re not alone.
Liability insurance premiums have skyrocketed in recent years, making it difficult for programs to protect their businesses and the families that they serve. In 2024, the National Association for the Education of Young Children (NAEYC) surveyed program directors about their liability insurance troubles and found that 80% of programs surveyed saw an increase in their liability insurance premiums, with 30% being hit with an increase of up to $1,999. Program owners also reported a decrease in liability insurance limits (36%), difficulty finding or affording liability insurance at all (62%), and being denied coverage (32%).
With thin profit margins, health benefits are just as cost-prohibitive for early learning programs, if not more. Seventy-eight percent of employees would find a new job if the benefits they receive from their current employer don’t meet their needs (Nezich, 2024). Health benefits are effective recruitment and retention tools, but many employers cannot afford them, contributing to the early learning workforce’s high turnover rate.
Providers shared their struggles with their local Early Childhood Councils, which led to a partnership with TrueNorth to develop insurance and benefits programs designed for Colorado’s early childhood providers.
Complete protection for your businesss
TrueNorth’s customizable coverage includes all the essential protections:
- General liability to protect against accidents and injuries
- Abuse & molestation coverage for thorough protection
- Commercial auto for all your transportation needs
- Property and workers’ compensation insurance
- Umbrella policies for additional security
Supporting your greatest asset: Your team
Great child care depends on great caregivers. TrueNorth has curated a unique Benefits Bundle that includes:
- Immediate health support
- Wellbeing resources
- Free access to our benefits marketplace powered by Wallit, featuring affordable à la carte options for direct primary care, prescription medications, dental, vision, pet insurance and more.
Ready to get your free quote? Fill out the form to get a quote from a TrueNorth specialist.
Plan details and other helpful information: