A lawsuit alleging injury, neglect, or even wrongful death can have a major financial impact on your assisted living facility. Protect it with affordable business insurance for nursing homes.
These insurance policies cover common risks of long-term care facilities.
General liability insurance covers third-party liability claims, such as a visitor 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, also called malpractice insurance, provides liability coverage if a skilled nursing facility is sued for neglect of a resident or failure to deliver promised services.
Directors and officers insurance covers legal expenses if board members or officers are sued for decisions they made on behalf of your assisted living facility.
State laws almost always require workers' compensation insurance. For example, it's required in Florida when you have four or more employees.
Commercial auto insurance protects the policyholder from legal costs during lawsuits over property damage or injuries caused by a business-owned vehicle.
From medication administration to emergency care, nursing homes and independent living communities are exposed to high risks. If family members accuse your facility of neglect of a loved one – or wrongful death – the financial impact could be devastating. Nursing home insurance can keep your business afloat by covering the costs of lawsuits and medical bills.