A Word From Our Sponsor On What To Look For In A Liability Insurance Assisted Living Facility Plan

Assisted living facilities are almost like a fully functioning small town all under one roof. These facilities include entertainment, church, cafeteria, security, even a barber shop. That is why, when it comes to insurance, assisted living facilities require more coverage than the average establishment. However, though they require several levels of coverage, they do not necessarily have unlimited resources. When looking for a liability insurance assisted living facility company, make sure they include coverage for the unique needs of this type of business.
It’s understood that General and Professional Liability are a must when looking for the right insurance plan. However, you’ll want to be sure that your liability insurance assisted living facility plan also includes these coverages: Boiler, Crime, Worker’s Compensation, Violation of Resident’s Rights, Facility Barbers & Beauticians, automobile, and nursing home insurance, just to name a few. Also, you’ll find a minimum premium of $15,000 useful.
It’s important to choose an insurance company that is offering insurance designed specifically for assisted living facilities. Otherwise, you may end up paying a lot of premiums to make sure you get the coverage you need. Also, you may end up paying for a plan that includes coverage for things that don’t apply to your business at all. Then you would just be paying for things you don’t need. Another benefit to working with a company that offers a specialized plan is that they will also likely be experienced in working with this industry. Therefore they can offer solid advice and have a good understanding of what you will need.