Most states have a requirement for assisted living facilities to carry liability (GL/PL).
Why would anyone put their loved ones in a Home without properly vetting the facility to see that they were well maintained and well operated. NC is not a horribly letigious state (ie, Cook County, IL; Alabama; Mississippi). I use to underwrite the GL/PL for health care facilities and the rates in NC were lower than the national average.
Would you take your kid to a daycare that does not carry the proper insurance?
Would you hire a contractor to do work on your home that does not carry the proper insurance?
Do your due dilligence and you can feel better about the other party running a sound operation that is doing things the right way.
We have updated our privacy policy to be more clear and meet the new requirements of the GDPR. By continuing to use our site, you accept our revised Privacy Policy.
If this stands, why should anyone ever buy insurance? Just paper over & lease, liquidate and reinstate! It’s the nuclear option of tort reform.
“North Carolina long-term care centers aren’t required to carry liability insurance”
Is it just me or is that a scary thought? Anyone know if this is the exception or the rule as far as other state laws go?
Most states have a requirement for assisted living facilities to carry liability (GL/PL).
Why would anyone put their loved ones in a Home without properly vetting the facility to see that they were well maintained and well operated. NC is not a horribly letigious state (ie, Cook County, IL; Alabama; Mississippi). I use to underwrite the GL/PL for health care facilities and the rates in NC were lower than the national average.
Would you take your kid to a daycare that does not carry the proper insurance?
Would you hire a contractor to do work on your home that does not carry the proper insurance?
Do your due dilligence and you can feel better about the other party running a sound operation that is doing things the right way.