Care Home Insurance

Care home insurance frequently asked questions

What is care home insurance?

Care home insurance is designed to protect your business against unforeseen events that could lead to financial loss and impact your ability to trade. The industry faces many challenges and risks, so comprehensive insurance is essential. Without the right nursing home insurance in place, you may be personally accountable for third party claims, as well as property damage that may occur in the course of your business.

How do I buy care home insurance?

Request a quote or call us today. We source care home insurance quotes from a range of UK insurers to get you the protection you need. Our expert advisors are dedicated to finding you the right cover at the right price, to make arranging your insurance as straightforward as possible.

What insurance covers do care homes need?

Care home insurance has several covers available, all of which can be specifically tailored to your requirements. There are many considerations to make to ensure you have the necessary cover.

Care home insurance covers to consider:

Care home insurance covers

Buildings, contents and equipment cover

You will have assets such as buildings, contents, equipment and stock that can be safeguarded against many unforeseen events, such as theft, fire, flood, storm damage and much more. If you were to suffer damage at your premises that left you unable to trade, recovery could be challenging without this cover in place.

Business interruption insurance

If you did have a flood at the premises, you may be faced with a situation where you have to close temporarily or even relocate. Business interruption cover can protect you in these circumstances, meaning that your profit and expenses would be taken care of while you get back on your feet. This cover could be the lifesaver of your business; we never expect the worst to happen, but when it does, the effects can be devastating. Business interruption should be a key consideration as many businesses struggle to recover without it following a total loss.

Public liability insurance

Liability insurance is fundamental to this sector. Public liability insurance can cover your liability towards residents, clients, suppliers and visitors to your premises. This ensures that should someone have an accident and sustain an injury, any medical expenses and compensation awarded is taken care of.

Employers' liability insurance

If you employ staff, you will need to include employers' liability within your nursing home insurance. This typically safeguards your liability towards your staff against accidents at work and can cover against the costs of medical bills, legal costs and compensation awards.

Engineering insurance

Many residential homes will also have lifts and other equipment that would need to be inspected annually, which can be covered by an Engineering insurance policy.

Commercial legal expenses

Commercial legal expenses could also be added in to protect against things like employment disputes, criminal prosecution defence and more.

Additional care home insurance covers

There are many other covers that can be included in your nursing home insurance. Medical malpractice insurance and cover for abuse or neglect are often built into care home insurance. You may also wish to consider cyber insurance if you hold residents personal information. All of these covers can be tailored to your requirements to let you focus on what really matters – your business.

Care home insurance brokers

Care home insurance is designed to cater to a variety of trades in this sector; from care homes to nursing homes, retirement homes and residential care, to hospices. Your insurance cover can be tailored to cover your specific trading activities and ensure you have comprehensive insurance to protect your business.

Your work could be focused on helping people with mental health issues or physical disabilities, or working in a supported living environment or a retirement village. Whatever your speciality, bespoke insurance is needed to protect your business against a number of unexpected events.

We offer a full broker service which means we work closely with a number of the UK’s leading insurers to find you the right insurance for your nursing home. We are committed to doing all the hard work for you, to make arranging your nursing home insurance simple and hassle-free. Talk to a business insurance advisor today as we’re on hand to discuss your requirements and will support you for the duration of your policy.