Assisted living facility insurance is your business’s best defense against lawsuits and other liability claims. Your plan will provide compensation to third parties — typically residents of your facility or their families — due to covered accidents or injuries resulting from the negligent acts of your employees. In addition, it will help pay for your legal defense if a case against your facility goes to court. You can also attain coverage for your property and other areas of your operation.

Examples of the types of insurance for senior living facilities include:

• General and professional liability: Commercial general and professional liability insurance are a must-have for any senior living facility. CGL coverage encompasses a broad range of liability risks involving bodily injury and damage to the property of others. Professional liability, also known as errors and omissions (E&O), covers negligent acts that occur during the administration of professional or medical services at your facility.
• Commercial property: A property insurance policy covers your facility when damages occur due to events such as fires, storm damage and burst water pipes. It helps protect your building, inventory, equipment and furniture, landscaping, and outdoor signage. Plans are also available that cover the personal property of your residents.
• Business auto: This type of insurance (not available in all states) covers accidents when your employees are transporting your residents in a vehicle owned by your facility.
• Communicable disease coverage: Offers liability protection, resulting directly from a pandemic, in the event you are named in a lawsuit regarding a customer alleging they were exposed from your operation.

Here are some examples of situations where a comprehensive insurance plan can mitigate your risk:

• A member of your nursing team administers an incorrect dosage of medication that leads to a serious illness or the death of a resident
• A resident or family member alleges that a staff member sexually abused or molested the resident
• A passenger van owned by your facility is involved in an accident while transporting residents
• You fail to secure the memory care area of your facility, and a resident with dementia wanders and incurs an injury
• An employee or visitor steals the personal property of one of your residents
• A resident suffers a severe injury after slipping and falling on a wet spot while walking down a hallway
• A boiler explosion causes significant damage to the interior of your facility

We provide customized insurance solutions through an all-in-one approach to fit your needs. You can have the coverages below under one policy:

• Commercial General Liability
• Individual/Personal Liability
• Professional Liability
• Alleged Sexual Abuse and Molestation Liability
• Alleged Assault & Battery Liability
• Business Auto (not available in every state)
• Property Coverage
• Directors & Officers
• Errors & Omissions
• And More

Please note we do not provide workers compensation.

Insurance for senior living facilities is available for the following:

• Assisted living facilities
• Nursing homes
• Active adult communities
• Senior apartments and condominiums
• Skilled nursing facilities
• Independent living facilities
• Continuing care retirement communities
• Adult foster homes
• Personal care homes