insurance for nursing homes

Nursing Homes: What Needs to Be Covered?

Many people are put under your care and supervision when managing a nursing home. It’s important to keep them and the facility safe in order to continue supporting those in need of your help. Finding the right insurance for nursing homes can ensure that financial issues and legal costs are covered in cases where accidents or other mistakes outside of your control happen.

What Are the Risks?

Nursing homes operate nonstop with workers always on shift and caring for the patients. This means that there is more time for someone to possibly get hurt or cause an accident. Patients also need to be properly taken care of, so you are constantly at risk of negligence or abuse claims if something goes wrong. Some patients with dementia may cause a ruckus, harming something or someone in the process. There are constant visitors, meaning that they are also at risk of slipping or falling, causing damage and various other liabilities. Sexual abuse complaints are also quite common in nursing homes. If you have business vehicles for transporting patients, then those also need to be covered in case they’re damaged or are involved in an accident.

What Policies Should You Get?

It’s vital to find a specially evaluated program when searching for insurance for nursing homes. A few important policies to look for include:

  • General liability
  • Directors and officers
  • Employment practices
  • Workers’ compensation
  • Sexual misconduct
  • Property
  • Crime
  • Automobile
  • Machinery