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 of the factors that could end up costing you are out of your control. Here are just a couple of examples.
- Burned Building: Recently, a resident at an RCFE facility got into an altercation with the owner that had seemed to be resolved by the evening. Unfortunately, at 1:00 a.m. the resident burned down the house. It was completely destroyed. Fortunately, the facility was carrying insurance coverage, meaning the insurer paid the $400,000 for rebuilding. Note: If you are running your RCFE facility out of a house, you may assume that your homeowners insurance offers sufficient coverage. In fact, though, homeowners insurance excludes RCFE use in the home.
- Wheelchair Wounds: Another facility had a resident who stubbornly refused to walk up a flight up stairs though he could ambulate. To accommodate him, two of the caregivers agreed to carry his wheelchair up the stairs. One of them tripped on the way up, though, leaving all three of them injured. Again, the facility had coverage and the insurer ended up assuming the $100,000 expense.
If you want to talk with the experts about the exact coverage your facility needs, contact InsureMyRCFE. As past RCFE facility owners, we understand the risks your business faces and can help you safeguard against them. For all of your needs—from RCFE property insurance to RCFE liability insurance—we are here. Do not leave your residential care facility exposed to a huge, unforeseen expense that could damage it and your residents; call us today!