Columbus, Ohio-based Quadrant Insurance Managers has expanded its Nursing Home Liability product into Texas. This product offers professional and general liability coverage to Texas and Florida nursing homes (skilled nursing facilities); subacute care facilities; rehabilitation facilities; and intermediate or continuing care retirement communities.
Previously, Quadrant’s Nursing Home Liability product was available only in Florida. Opening up in the Texas market has been a key goal just realized, according to Mark Harris, president and CEO of Quadrant.
“The Texas market has long been in need of additional liability coverage alternatives and we are hopeful for a warm reception to our product,” Harris said. As additional incentive, Harris reports that premium financing is available to qualified Texas insureds.
The Nursing Home Liability product offers PL/GL coverage on a claims made policy. There is no limitation on the number of beds per location and there is no deductible. Policy limits available are: $25,000 per claim & $25,000 annual aggregate; $50,000 per claim & $50,000 annual aggregate; or $100,000 per claim & $100,000 annual aggregate. This product is available on a surplus lines basis through a highly rated carrier.
Quadrant is a national managing general agency (MGA) for multiple commercial insurance programs primarily in the professional liability and specialty program marketplace.
For more information or to access the Nursing Home Liability product, please contact Mark Harris of Quadrant at 614-841-1425 (mharris@quadrant-us.com). Additional information may be found at http://www.quadrant-us.com.
Source: Quadrant
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