In-home care agencies provide important care to elderly people in their time of need. Finding a home health care liability insurance program protects your company from the worst risks. Sometimes people or possessions get injured when providers are carrying out their duties. A good liability plan ensures that you won’t have to suffer the monetary penalties.
Avoid Expensive Fees
If you have to engage in a lawsuit, the costs can quickly add up. Since you cannot control the actions of your employees or your clients, it’s wise to prepare for the unexpected. A quality insurance program can cover:
- Lawyer fees
- Judgement and settlement costs
- Court expenses
Customize Your Program
Every home health agency is different. Speaking with an insurance agent can open the door to the wide range of coverage possibilities available at an affordable price. Policies might include protection for medical equipment, furnishings, fixtures and office buildings. If your agency must close temporarily because of an emergency, you might qualify for reimbursement of lost earnings.
Elderly people across the nation are looking for in-home care. The industry can be very rewarding, but it’s also fraught with risks if possessions, your providers or your clients ever suffer damage or injuries. Protect yourself from threats with a home health care liability insurance program. If you prepare, you can save money during a bad scenario.