Care home landlord insurance is a specialist insurance designed for landlords of care homes. This kind of residential care property coverage provides security for nursing homes landlords, hospice landlords, landlords who run homes for adults with learning disabilities, landlords of dementia care homes, and landlords who run homes for adults with mental health issues.
Caring for residents in this kind of setting is complex, it requires you provide a high level of care to vulnerable individuals, and for this reason it is considered to be a high-risk sector. Providing care directly to vulnerable people in this kind of setting can result in injuries to service users, third party and staff, result in damages to property which could be your property or could belong to a third party or service user, and it can open you and your workers to law suits.
All of this can result in large financial losses to your business and you personally, furthermore it could cause business interruption. With insurance for care home landlords you help to mitigate your risks, allowing you to focus on the day-to-day activities of the business, to ensure quality of work and give yourself peace of mind that you won’t suffer any financial losses.
Care home landlord insurance is a specific type of insurance that has been designed to protect landlords of care homes from a range of unexpected events that could potentially lead to financial losses. Residential care property coverage includes a range of different services that protects your, you property, your service users, your staff and your business as a whole.
The property insurance for care homes is designed to protect your property from vandalism and damages from a fire, flood, and extreme weather conditions. Comprehensive landlord plans for care homes also covers you for claims of medical malpractice, injuries sustained by your staff, service users or third party and even loss of rent if your business becomes interrupted.
There are lots of risks to owning a care home property including damage to the property or contents in the property, medical malpractice claims and more. The landlord insurance policy Falcon Insurance can help to protect you from financial loss if these risks impact your business. This insurance will cover legal fees and any compensation that is awarded and you will be covered to repair your property or replace contents if they are damaged or stolen, at no extra cost to your business.
You will also be covered for any rent loss, or financial loss if you were to have to temporarily close your business. Being covered by your business interruption policy means you would not lose any income for the duration your business is closed or goes unrented or unused. These could all be extremely costly to your business, so this insurance gives you peace of mind that you are covered financially.
Our landlord insurance for care home properties is suitable for landlords and property owners who are seeking security and assurance for their property investments. This secure care home property insurance covers a range of facilities, including:
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If you are interested in covering your property with our care home landlord building insurance, or if you have any questions about landlord insurance for care home properties, you should contact us now.
Our expert team will answer any questions you have any provide you with a free, no obligation and personalised quote that is perfectly suited to you and your property. We will ask you questions and learn about your property to be sure we recommend the right level of cover. For a free quote, contact us by sending us a message through our online contact form, or calling us on 0121 679 7265. Our expert advisors are on hand now to answer any questions you have.
The level of cover you require will depend on a range of risk factors. A reputable insurance company can help you to determine the best level of cover for you.
If you own a property that which runs care home, you run the risk of someone getting injured on your property, therefore, it is strongly recommended that you have liability insurance, to protect you and your business from financial loss in every eventuality.
You should get landlord care home insurance from the day you take ownership of the property and certainly by the time the property becomes used as a care home and begin accepting service users and welcoming staff.
For your free personalised quote, call us on 0121 679 7265 or contact us by sending us a message through our online contact form. Our friendly team of advisors are available to answer any questions and to help you find the perfect level of insurance for your business.
And put us on test to see how much we can save you!
Did you know underinsurance can seriously affect your insurance claim and therefore can be devastating to business and individuals this makes it very important to make sure you have the proper coverage you require.
