Why Commercial Coverage Matters For RCFEs

How Your Commercial Insurance Will Protect Your RCFE If you are running a smaller residential care facility for the elderly, you might assume that a standard homeowners insurance policy will offer you and your residents enough coverage. In fact, though, that policy will not just fall short of meeting your needs; it will not meet…

Your Deadline Is Coming Up!

Will You Be Compliant By July 1st? As of July 1st, 2015, all residential care facilities for the elderly (RCFEs) need to be carrying liability insurance. Why? Because California recently passed Assembly Bill 1523, which mandates that all RCFE owners have at least $1 million per occurrence and $3 million in the annual aggregate of…

Does My RCFE Really Need Insurance?

Be Prepared For A Lawsuit With The Right Insurance Even before the passage of AB 1523—which mandates that all RCFE facilities carry liability insurance—it was in each facility’s best interest to carry insurance coverage. Why? Because unforeseen expenses can be very costly. You may be thinking that you may be able to avoid accidents, but many…

Save Big On Your AB 1523 Compliance

How To Get The Most Cost Effective Coverage Hopefully, you have already heard that AB 1523 passed, meaning that residential care facilities for the elderly will need to carry at least $1,000,000 per occurrence and $3,000,000 in the annual aggregate of liability insurance. This insurance coverage is designed to step in to protect both residents…