insurance for residential care centers

insurance for residential care centers

Please fill out the form below for a quote on liability insurance for your facility:


why do residential care centers need insurance?

Residential care centers including Assisted Living Facilities, Continuing Care Communities, and long-term care facilities face numerous challenges that necessitate the need for malpractice or liability insurance due to the complex needs of their residents and the inherent risks involved in providing care. Here are key areas where residential care centers are vulnerable to being sued for malpractice:

  1. Neglect and Abuse: Allegations of neglect or abuse (physical, emotional, sexual, or financial) are serious concerns. This can include failure to provide adequate care, leading to poor hygiene, malnutrition, or unaddressed health issues, as well as any form of abuse by staff or other residents.
  2. Medication Errors: Given that many residents in these facilities require medication, errors in administering medication—such as incorrect dosages, giving the wrong medication, or failing to administer medication on time—can have serious health implications and lead to litigation.
  3. Falls and Injuries: Falls are a significant risk, especially for elderly residents. Facilities can be held liable if a fall results from inadequate safety measures, lack of supervision, or failure to provide necessary mobility aids.
  4. Improper Care or Treatment: This includes failure to provide necessary medical care, inadequate wound care, or improper management of chronic conditions, which can exacerbate health issues and lead to lawsuits.
  5. Failure to Meet Individual Needs: Residential care centers are expected to provide personalized care that meets the specific needs of each resident. Failure to do so, leading to deteriorating health or well-being, can result in legal action.
  6. Violations of Residents’ Rights: Residents have rights to privacy, dignity, and autonomy. Violations, such as unauthorized sharing of personal information, lack of respect for residents’ personal space, or failure to involve residents in care decisions, can lead to lawsuits.
  7. Wrongful Death: If a resident dies under circumstances that family members believe were caused by negligence or inadequate care, the facility can face a wrongful death lawsuit.
  8. Infections and Illness Outbreaks: Facilities are responsible for maintaining a clean and safe environment. Outbreaks of infections, especially if they result from negligence in sanitation practices or failure to isolate sick residents, can lead to legal action.
  9. Residential care centers need insuranceContractual Disputes: Disagreements may arise if families of residents feel that the facility has failed to provide the services outlined in their agreement, leading to claims of breach of contract.

Malpractice or liability insurance provides financial protection against claims of negligence or malpractice, covering legal defense costs, settlements, and judgments. For residential care centers, this insurance is crucial for mitigating the financial and reputational risks associated with the care they provide.

Westwood insurance group work with a number of different insurance carriers to ensure you get the most suitable insurance coverage at the best priceGet a Quick Quote today. You may also be interested in looking at alternative structures like a Single Parent Captive, a micro captive, or a protected cell captive.

what types of insurance do residential care centers need?

General Liability Insurance

General Liability Insurance

General Liability covers medical expenses and attorney fees which result from bodily injuries and property damage that your facility or organization could be legally responsible for.

Professional Liability Insurance

Professional Liability Insurance

Also known as malpractice insurance, this  protects facilities against claims related to malpractice, negligence, or injury resulting from resident care. Staff members will typically be covered by professional liability insurance.

Sexual Abuse and Molestation Insurance

Sexual Abuse and Molestation Insurance

Provides coverage for your assisted living organization against claims arising from alleged sexual misconduct or molestation by an employee or other representative of your organization. Essential for the senior living industry.

Commercial Property Insurance

Commercial Property Insurance

This protects your facility against damage or loss to your buildings, equipment, and other property, which can happen as the result of various risks such as fire, theft, or vandalism.

Workers Compensation Insurance

Workers Compensation Insurance

Workers Compensation Insurance is usually mandated by law, to protect assisted living facilities and their employees in case of work-related injuries or illnesses.

Cyber Liability Insurance

Cyber Liability Insurance

Covers your organization against financial losses associated with data breaches, cyber attacks, and other cyber incidents. Insurers will usually conduct rigorous testing of your online systems as part of this policy package.

Contact Michael Richards now

Michael Richards, President, Westwood Insurance Group

Michael specializes in insurance for this particular group. You can call him or one of the team on the number below or fill out the form and he will get your message directly:

we've got you covered

General Liability Insurance

Protecting healthcare organizations against increasingly crippling litigation.

Professional Liability Insurance

Protecting medical professionals against increasingly crippling litigation.

Medical Malpractice Insurance

Protecting medical professionals against increasingly crippling litigation.

Cyber Liability Insurance

Protecting healthcare organizations & professionals against cyber attacks.

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traditional insurance products

Westwood have fostered exceptional relationships with underwriters and we go to great lengths to keep abreast of their latest products, changes in requirements and restrictions, including having weekly calls with the carriers, which you can see here, by joining our insurance insider group.

    Insurance products at Westwood Insurance Group

    You can find more information on the Insurance Products main page.

    If you have any questions on the different policies, check out our Insurance FAQ’s

    alternative structures

    Westwood President, Michael Richards has extensive experience in setting up alternative structures for larger clients. Here are some examples:

     

    If you think your client could be large and stable enough to benefit from starting or participating in a captive or has a special need for another alternative structure, contact Michael Richards now by phone: 855 351 7487.