Insurance for Home Health Care Businesses in Texas

Insurance for Home Health Care Businesses in Texas

With the number of elderly individuals expected to grow at an average of 2.8 percent each year, the demand for home health care is on the rise. This is a good sign for many home health care businesses because it gives their brand a chance to flourish.

However, taking care of elderly isn’t always easy, especially when there are risks involved in this line of work. For example, a healthcare worker may inadvertently cause problems that can affect the health of their patient. Accidents and property damage are also undesirable situations that can happen in a blink of an eye and if these scenarios aren’t handled properly, clients can send those at fault to court and ask for compensation. Fortunately, you can protect your business from unforeseen circumstances with a strong insurance policy in place.

Secure Your Business with the Perfect Insurance Plan

Contact Quote Texas if you’re looking for an insurance company in Texas that can help you create an insurance plan that suits your home health care business. We’ve been offering our services to companies in various industries since 2001, so you can trust that we’re well-versed with the needs of your unique brand.

We’re also dedicated to reaching out to as many clients that may need our services. Thus, our home health care insurance plans provide coverage for the following:

  • Home care agencies
  • Home health care or in-home health care
  • Home care workers or care providers
  • Hospices
  • Infusion therapy
  • Staffing agencies and registries
  • Other professionals in the same industry or field

To ensure that your custom insurance policy will protect your home health care business from different types of financial burdens, we include the following policies in our insurance plans.

Commercial General Liability Insurance

Commercial general liability insurance is the most fundamental policy for any insurance plan. It’s designed to provide financial aid should your business be sued for any of the following issues:

  • Damage to other people’s property
  • Bodily injuries and deaths
  • Slander, libel, and other advertising or personal injuries

Commercial Property Insurance

If your home health care business operates within a commercial building, you should definitely get commercial property insurance. This type of insurance policy covers loss and damage to the following, should a disaster occur on the property:

  • Furniture and fixtures
  • The building and its structures
  • Landscaping
  • Inventory of goods
  • Medical equipment
  • Other people’s properties

Commercial Auto Insurance

If your business utilizes commercial vehicles, it’s smart to purchase commercial auto insurance. This type of insurance policy will pay for the damage and losses of the following situations, in case the van or car gets into an accident:

  • Damage to vehicle caused by a collision
  • Damage to vehicle caused by non-collision (e.g. fire, flood, theft, vandalism, etc.)
  • Liabilities resulting from death, bodily injury, or damage to other people’s property
  • Medical payments or personal injury to the insured
  • Injury or property damage caused by hit-and-run motorists or uninsured

Workers Compensation Insurance

Your healthcare workers are as important to your business as the clients you serve, so it’s wise to protect them with workers compensation insurance. This type of insurance policy is beneficial for your employees in case they encounter a workplace injury or illness, or worse, die while on the job. Workers compensation insurance also extends to the families of the affected workers.

The compensation benefits of a workers compensation insurance policy include:

  • Income benefits
  • Medical benefits
  • Death benefits
  • Burial benefits
  • Vocational rehabilitation benefits

Professional Liability Insurance

Whether you own a large home health care business or a smaller startup, it’s imperative that you get professional liability insurance to protect your brand. Since your company provides a specialized service, this policy will protect you if, for any reason, you fail to render the services you’ve promised or advertised. It will also pay for your legal defense and the costs of any compensation the court might order you to pay.

Contact Quote Texas at 844-756-8684 and our friendly insurance agents will be more than happy to discuss your options with you.