Assisted Living
Workers' Compensation Insurance
We've developed affordable insurance programs for Assisted Living Facilities.
Let's Shop CoveragePrefer to speak with A Workers' Compensation Specialist?
Give us a call today at 888-611-7467
Workers' Comp Coverage for Assisted Living
We've been helping Assisted Living providers find affordable coverage for over 15 years. Our Experts understand the unique underwriting requirements from the insurance companies. That's why we've developed programs designed to help you get the best rates and most flexible payment options.
We partner with the best carriers writing Assisted Living coverage.
Improve cashflow and reduce the potential for big audit bills.
Get quotes from multiple insurance companies to ensure the lowest rates.
Our carriers have experienced claim managers to close claims quickly.
Our Top Carriers for Assisted Living Coverage
Markel FirstComp
Markel is a national carrier. Markel offers exceptional workers' comp coverage in most states throughout the United States.
Accident Fund
Accident Fund Insurance Company of America has a direct focus on writing workers comp coverage for Assisted Living.
Cimarron Insurance
Cimarron is a fast growing insurance company providing Pay As You Go coverage for Assisted Living service providers.
Benchmark Insurance
Benchmark ia a fast growing carrier expanding into most states. Assisted Living insurance in an industry target.
Normandy Insurance
Normandy has some of the lowest filed rates for many related class codes. They are open in numerous states.
ICW Group
ICW Group offers great coverage for select Assisted Living. They have outstanding rates for target risks.
UBIC Insurance
UBIC offers excellent rates as well as loss control resources for assisted living and residential care services.
PIE Insurance
PIE Insurance Company is an A-Rated Carrier. They have been aggressive with rates and have a wide appetite.
AmTrust
AmTrust Financial provides exceptional value for many business types within the assisted living industry.
The right quote makes a big difference in price.
Shop coverage like a Pro.
Workers' Compensation Class Codes Related to Assisted Living
Employees are grouped into classification codes based on what they do for their job. The National Council on Compensation Insurance (NCCI) currently utilizes nearly 800 class codes to help insurance companies categorize employees. Insurance companies create a manual rate for each class code in order to price assisted living insurance polices.
Properly classifying workers is an important part of the quote process. Mis-classified employers may end up paying too much for coverage or owing too much after an audit.
Class Code 8829 | Convalescent Home- Skilled Nursing Facilities
Class Code 8826 | Assisted Living- No Nurse Care
Businesses primarily engaged in providing unskilled or skilled nursing services in a facility. Services often include establishments primarily engaged in providing inpatient nursing and rehabilitative services. The care is generally provided for an extended period of time to individuals requiring nursing care. These establishments have a permanent core staff of registered or licensed practical nurses who, along with other staff, provide nursing and continuous personal care services. Assisted-living facilities without on-site nursing care facilities may utilize class code 8826, including homes for the aged without nursing care. The care typically includes room, board, supervision, and assistance in daily living, such as housekeeping services.
Alternative State Class Codes for Assisted Living:
Sometimes a state will deviate from the industry class code recommended by NCCI. Instead of the NCCI code, they may require the utilization of a state specific class code for certain business segments.
| Class Code | State |
|---|---|
| 960 | Delaware / Pennsylvania | Skilled Facility |
| 970 | Delaware / Pennsylvania | Nursing Home |
| 8866 | New York | Retirement Home |
| 9052 | Texas | Convalescent-Nursing Home |
| 9070 | California | Retirement Home Without Nursing |
Synonyms: retirement homes, old-aged homes, home for the aged, senior citizen homes, nursing home, retirement community, assisted living facility, group homes for disabled, convalescent home, hospice inpatient care, skilled nursing facility, congregate living.
Workers Compensation Shop.com is a national Agency, licensed throughout the United States.
Get the Best Assisted Living Insurance Coverage
A lot of senior care businesses are insured by their state workers' compensation fund. Others agencies are paying more than necessary and they're using installment plans based on estimated payroll. We help our customers find the best insurance rates for each unique state and facility. Our Pay As You Go payment plans will improve your business cash flow. We work with new convalescent homes and other homes with higher Experience Modification Ratings. We've been writing nursing homes since 2005.
| Program Features |
|---|
| No Minimum Premium Requirements |
| Pay As You Go Work Comp - $0 Deposit |
| Guaranteed Cost and Deductible Options |
| National Nursing Home Expertise |
| More Markets for More Solutions We shop renewals too |
| Commercial Package Insurance Options |
What Does Workers' Comp Cover?
Workers' comp coverage protects employees when injured. It makes good financial sense for both parties.
- Loss of income for employees unable to perform job duties
- Medical expenses for employees injured on the job
- Retraining expenses for employees unable to return
- Permanent injury or disability for lasting injuries
- Survivor benefits if employees are killed on the job
Coverage does not protect employers from everything. Sometimes employees and employers can be negligent.
- Injuries resulting from a violation of the law
- Incidents resulting from employees' use fo drugs or alcohol
- Injuries that did not occur in connection with the job
- Clear company policy violations
- Injuries that did not occur in connection with the job
Assisted Living Insurance Programs
The cost of skilled and unskilled nursing care insurance has been increasing. General liability and professional liability insurance has been the major cause of the increase in the cost. We've partnered with our insurance companies to provide more affordable commercial insurance packages for our workers' comp customers. Ask about our package insurance options for assisted living and convalescent care services:
Assisted Living Liability Insurance- Claims-Made Basis, $0 Deductible
Workers' Compensation and Employers Liability
Personal Property and Commercial Property
Umbrella Liability and more
Not all lines of insurance coverage or all class codes will be available in all states. Contact one of our Home Health Care Workers' Comp Specialists for program details on general liability and workers' compensation insurance.
Start a quote online or give one of our experts a call at 888-611-7467.
How Much Does Assisted Living Insurance Cost?
The average rate our customers pay for workers' compensation under the xx class code is around $2.00 per $100 of payroll. The average cost for a general liability insurance policy is about $1,900.00.
Workers' Comp Costs
- Work Comp is priced based on payroll
- Your state and EMR Rating will affect your cost
- The type facility can modify rates
- Premium discounts and policy credits may apply
General Liability Costs
- GL rates are based on sales (rated per $1000)
- Gross revenue may affect pricing
- The type of skills matters to underwriters
- Prior clams and years in business affect pricing
- SIC codes vary- 8051, 8052, 8059, 8361
Assisted Living Liability Costs
- Errors and Omissions rates depend on services provided
- Gross revenue may affect pricing
- Skilled versus unskilled workers matter to underwriters
- Prior clams and years in business affect pricing
Then there's Trusted Service.
Thanks for the award Feefo- Work Comp Shop
How do I get started?
- Business details, locations, FEIN or SSN
- Estimated annual payroll and job duties- class codes
- Claims info or loss history- if applicable
What Happens Next?
- Our software matches you with top-rated carriers
- Our agents apply and negotiate your lowest rates
- We present and recommend your best options
Ready to Start Your Quote?
Don't settle for cookie-cutter rates
- Secure
- Fast
- Easy
Ask about our Pay As You Go plans designed to improve cashflow and bullet-proof your audits.
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