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.
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.