From medication administration to emergency care, nursing homes and independent living communities are exposed to high risks. A lawsuit alleging injury, neglect or even wrongful death can have a major financial impact on your facility. Nursing home insurance can help keep your business afloat.
Nursing home owners can save money on insurance by comparing quotes from top providers.
Fill out Insureon's easy online application to get free quotes and advice from a licensed insurance agent.
These insurance policies cover common risks of long-term care facilities.
General liability insurance covers third-party liability claims, such as visitors tripping on your facility’s front steps. Bundle with property insurance for savings in a BOP.
A business owner's policy, or BOP, is a cost-effective way for nursing homes to buy general liability insurance and commercial property insurance together.
This policy, sometimes called medical malpractice insurance, provides liability coverage if a skilled nursing facility is sued for neglect of a resident or fails to deliver promised services.
Directors and officers insurance (D&O) covers legal expenses if board members are sued for decisions they made on behalf of your assisted living facility.
Most states require workers' comp insurance for nursing homes that have employees. Also, this policy benefits sole proprietors who may have work injury costs that health insurance might deny.
Commercial auto insurance protects the policyholder from legal costs during lawsuits over property damage or injuries caused by a business-owned vehicle.
A small nursing home will pay less for commercial insurance than a larger company.
Factors that affect the cost of small business insurance include:
It's easy to get nursing home liability insurance policies if you have your company information on hand. Our application will ask for basic facts about your business, such as revenue and number of employees. You can buy a policy online and get a certificate of insurance with Insureon in three easy steps:
Insureon's licensed insurance agents work with top-rated U.S. providers to find the right insurance coverage for your nursing home, whether you work independently or hire employees.