Healthcare facilities are increasing and expanding as the healthcare industry continues to grow. However, as the industry evolves, healthcare facilities are vulnerable to many risks. Environmental exposures can easily result in claims against the facility. Exposures such as chemicals, storage tanks, air quality issues, waste transportation and disposal, and more are risks that healthcare facilities need to be aware of. The increase of malpractice costs are another huge reason to have insurance for healthcare facilities so why take the risk? An accident or incident is inevitable. Make sure you have insurance for healthcare facilities so your facility and medical professionals can operate with peace of mind.
With XINSURANCE, you will have the customized coverage you need through our all-in-one approach. By reviewing your operations and experience level, we provide healthcare facility insurance solutions made to fit your needs. So no matter the situation, no matter the risk or history, we are here to help you!
We provide insurance for healthcare facilities including hospitals, ambulatory surgical centers, urgent care clinics, nursing homes, birth centers, assisted living facilities, and more.
Claims exceeding $2 million now make up almost 30% of the total hospital liability pay-outs that occur on an annual basis.
Allegations related to diagnoses make up 33% of medical malpractice claims. Surgery (24%), treatment (18%), obstetrics (11%), medication (4%).
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