https://completemarkets.com/company/usrisk/assisted-living-insurance-coverage/
The healthcare team at U.S. Risk Insurance Group, Inc. brings a specialized, full-service approach to Assisted Living Insurance. Designed specifically for assisted living facilities and similar healthcare operations, this program combines tailored insurance coverage, proactive risk management, and responsive claims handling. By integrating these services under one roof, U.S. Risk delivers competitive pricing and streamlined support for agents and their clients.
Ideal Accounts and Appetite
This program is built for a wide range of assisted living operations, with flexibility to accommodate varying sizes and service models. Ideal accounts include:
Assisted living facilities with on-site caregiving staff
Memory care and dementia-focused residences
Group homes or smaller residential care facilities
Facilities offering a mix of independent and assisted living services
You might have a client operating a multi-building assisted living campus with 24/7 staff and medical oversight—this program can provide comprehensive coverage with limits and enhancements aligned to the healthcare setting.
Coverage Highlights and Advantages
The program offers a robust package of liability, property, and auto coverages tailored to the risks specific to senior care operations. Key features include:
Professional & General Liability: Minimum premium starting at $3,000, with primary limits up to $1M/$3M and umbrella limits up to $5M
Claims Made: Incident-sensitive trigger for responsive claims handling
Employee Benefits Liability: Included to address HR-related exposures
Sexual Abuse Coverage: Silent or sub-limited based on risk profile
Defense Outside the Limits: Helps preserve policy limits for indemnity
Punitive Damages: Silent, enhancing flexibility depending on jurisdiction
Property & Auto Coverage Includes:
Property: Building, Business Personal Property, Business Income/Extra Expense, Blanket Limits, and Equipment Breakdown
Auto: Hired and Non-Owned Auto, Towing, Rental Reimbursement
Specialized enhancements for healthcare risks and admitted paper are available where applicable.
Underwriting Notes and Minimum Premiums
The program is underwritten by a team that understands the nuances of healthcare and senior living facilities. While the PL/GL portion has a minimum premium of $3,000, overall pricing varies based on facility size, services offered, claims history, and location. Underwriting is flexible but selective, with a focus on operators who demonstrate sound risk management practices and staffing protocols.
Territories and Availability
This program is available in most U.S. states, including but not limited to CA, FL, TX, IL, NY, and GA. Whether your client operates in a rural Midwest setting or a coastal urban environment, chances are U.S. Risk can offer a solution. The program uses both admitted and non-admitted markets, depending on the state and risk profile.
Why Work With U.S. Risk Insurance Group, Inc.?
As a seasoned Managing General Underwriter and E&S Broker, U.S. Risk brings deep industry knowledge and market access to your assisted living accounts. Their integrated service model supports agents with underwriting insight, in-house claims advocacy, and consultative risk management. If you're looking for a reliable partner to help you place complex or niche assisted living risks, U.S. Risk offers the tools and expertise to help you succeed.
Frequently Asked Questions
What types of accounts are a good fit for this assisted living insurance program?Ideal accounts include assisted living facilities, memory care units, group homes, and senior residential care operations with professional caregiving services.
What is the minimum premium for this program?The Professional and General Liability portion starts at a $3,000 minimum premium. Other lines vary based on the specific risk and coverage selected.
Is this program available in my state?This program is available in most states, including CA, TX, FL, IL, and NY. Contact U.S. Risk to confirm availability in your client’s location.
Does the program include property and auto coverage?Yes, the program offers property coverage including business income and equipment breakdown, as well as hired and non-owned auto, towing, and rental reimbursement.
What makes U.S. Risk a strong partner for assisted living accounts?U.S. Risk combines underwriting expertise, in-house claims support, and risk management services to deliver a comprehensive solution tailored to healthcare and senior living risks.
Need help placing an account? Connect with a market specialist.