Liability Coverage for Nursing Homes

Caitlin Morgan Insurance Services

Nursing homeowners and operators are faced with the monumental task of operating a business that is designed to guarantee the safety and health of the patients who reside within. These tasks come up with challenges, and some of the challenges can morph into legal liabilities. The information found on the website for Caitlin Morgan Insurance Services advises those who operate nursing care facilities to develop a strong risk management plan in addition to purchasing a comprehensive liability plan.

Define Comprehensive Care

During your search for coverage, you may come across several insurance companies for assisted living facilities. Don’t take your coverage for granted. Speaking to your agent about the risks of your facilities, although a broker who specializes in healthcare facilities should have a strong idea of your needs. At the very least, consider a plan that includes:

  • General Liability and professional insurance
  • Excess liability insurance with options for high limits
  • Property coverage that includes buildings and personal property
  • Business interruption service
  • Workers compensation insurance
  • Auto insurance that covers transport vehicles and private passenger
  • Physical and sexual abuse inclusion
  • Medical directors protection

Without a strong liability policy in place, patients, their families, employees, visitors, or other parties that deal with an assisted living center or nursing home can open a claim or an allegation that can cost your finances and operating license. A risk management strategy and liability insurance are two ways to guard against these threats.