Assisted Living Insurance

Operating an assisted living facility means shouldering a unique set of responsibilities—caring for residents while managing staff, property, and legal risk. At Heffernan Insurance Brokers, we help protect your facility from the unexpected with comprehensive, customized assisted living insurance coverage.

What Is Vocational and Trade School Insurance?

Assisted living insurance refers to a specialized group of insurance policies designed to protect assisted living facilities from financial loss. This includes protection against claims of negligence, property damage, staff injuries, and more. Whether you run a stand-alone facility or are part of a larger long-term care organization, our tailored solutions can help ensure you’re covered.

Who Needs It?

Assisted living facilities operate in a high-touch, high-liability environment. A slip-and-fall, staffing shortage, or medical error can lead to costly claims. That’s why it’s essential to have the right insurance for assisted living facilities, ensuring both compliance and peace of mind.

With Heffernan, your policy can help safeguard:

• Resident safety and well-being
• Staff and care providers
• Physical property and medical equipment
• Your business reputation and finances

Whether you’re searching for long-term care insurance for assisted living, assisted living business insurance, or liability protection, we’ll help you find the right mix of coverage.

Types of Coverage We Offer

We create customized plans to fit your facility’s needs, staffing levels, and services offered. Core components of an assisted living facility insurance policy typically include:

General Liability Insurance

Covers third-party bodily injury and property damage—essential for any care-based business.

Professional Liability Insurance (E&O)

Also called liability insurance for assisted living, this protects against claims of negligence or failure to provide proper care.

Property Insurance

Covers damage to buildings, medical and safety equipment, and other physical assets.

Workers’ Compensation

Provides coverage for workplace injuries. If you’re hiring, workers comp for assisted living is a legal requirement in most states.

Commercial Auto Insurance

Covers company-owned vehicles used for resident transport or facility operations.

Business Interruption Insurance

Helps cover lost income due to disruptions like natural disasters or facility closures.

Cyber Liability Insurance

Protects against data breaches or loss of residents’ private health and payment information.

What Does Assisted Living Insurance Cost?

The cost of assisted living insurance varies depending on several risk factors:

• Facility location and size
• Resident capacity and services offered
• History of claims or litigation
• Staff-to-resident ratio
• Level of medical care provided

A typical insurance policy for assisted living might range from $6,000 to $40,000+ annually. We’ll help you assess what’s essential and optimize your budget without sacrificing coverage.