Insurance for Senior Living Facilities

Understanding the biggest risks facing senior living facilities

Senior care organizations operate in a high-risk, highly regulated environment. Whether you manage an assisted living community, skilled nursing facility, or long-term care home, your organization is exposed to legal, financial, and operational risks that could impact its future.

Common risks in senior living facilities include:

• Liability lawsuits: Residents or their families may file negligence, medical malpractice, or wrongful death claims.
• Cybersecurity breaches: Hackers target senior living facilities' patient records, leading to data breaches and HIPAA violations.
• Workplace injuries: Caregivers face a high risk of slips, falls, and musculoskeletal injuries, increasing workers’ compensation claims.
• Regulatory compliance issues: State and federal regulations require strict patient care and safety standards, making non-compliance costly.
• Financial fraud & theft: Senior care centers are prime targets for employee fraud, theft of resident property, and misappropriation of funds.
• Vehicle accidents: Transportation for residents adds risk, requiring specialized commercial auto coverage.

The B. F. Saul team has decades of experience helping senior living organizations protect their assets with coverages that address likely risks. Our account and claim teams have worked with many businesses like yours and can identify your risks, build a customized solution to mitigate them, and recommend risk management measures that prevent problems.

B. F. Saul brings extensive knowledge and expertise on risks especially relevant for senior living businesses. We’ll recommend coverages like:

• Worker’s compensation to cover the slips and falls common in these facilities
• General liability packaged with professional liability, creating a comprehensive solution that avoids gaps
• Auto coverage for company-owned fleets that transport residents
• Crime policies that protect against funds misappropriation and theft of residents’ property
• Cyber insurance that covers costly losses and reduces reputational risk
• Property insurance tailored to your location and facility type, including business interruption
• Employment practices insurance to guard against discrimination, wrongful termination, and harassment claims
• Directors and officers (D&O) coverage to protect against allegations of wrongdoing involving care plans and other decisions

Why senior living facilities trust B. F. Saul Insurance

Senior living communities of all types trust B. F. Saul Insurance to help protect their facilities, staff, and residents from the risks they face every day. With deep expertise in the senior care industry and decades of experience working with assisted living, skilled nursing, and memory care providers, we help identify key risk exposures, implement best practices to prevent losses, and secure comprehensive insurance solutions tailored to your specific needs.

If your facility experiences a covered loss, our dedicated claims team and licensed in-house attorney will guide you through the claims process with expertise and efficiency. We advocate on your behalf to ensure swift, fair resolutions while minimizing financial and operational disruptions. As your trusted insurance partner, we are committed to delivering exceptional service and proactive risk management support, so you can focus on providing high-quality care to your residents.