Rider Insurance and Home Insurance Coverage Advice
The Rider Insurance Program provided to BC’s foster caregivers has a maximum payout of $500,000 for losses resulting from actions taken by children or youth placed in your home. In today’s economy, the cost to rebuild a family home far exceeds the old estimates. For a family home of 1,500 square feet or more, the rebuild cost will likely exceed $500,000.
BCFPA is advising foster caregivers to consult with your home insurance providers to ensure you have adequate coverage to supplement any shortfall should you suffer the loss of your home. This applies to all foster caregivers with a Family Care Home Agreement through MCFD and some Indigenous Child and Family Service Agencies.
Rider Insurance Certificates for Foster Caregivers
BCFPA will be sending each foster caregiver on the provincial list a personalized Rider Insurance Program certificate in the Spring of 2025. If you haven’t received a certificate package from us by July 31st, 2025, please contact our office at 1-800-663-9999 or [email protected] to notify our team. This applies to all foster caregivers with a Family Care Home Agreement through MCFD and some Indigenous Child and Family Service Agencies.
Under-Deductible Losses Program
Due to budget restrictions at MCFD, the fund provided to pay for losses under a value of $10,000 resulting from actions taken by children or youth placed in your home is smaller in the 2025-2026 fiscal year. Please submit any claims for damages immediately. Once the fund is depleted, you will be notified to contact your ministry or agency office to discuss compensation. This applies to all foster caregivers with a Family Care Home Agreement through MCFD and Indigenous Child and Family Service Agencies.
🚨 Reminder: File Claims ASAP!
If you experience property damage or loss, don’t wait! File your claim as soon as possible to avoid delays.
📞 To file a claim, call Coast Claims Insurance Services at 1-866-694-3111 and ask for Shannon Mycroft.