Typical Cost (5-bed ALF):
$5,000 – $8,000 annually
Includes:
- General Liability
- Professional Liability
- Abuse & Molestation ($500K minimum)
- Workers Comp (if applicable)
Recommended Limits:
$1M / $3M liability
$500K abuse minimum
Pricing Factors:
- Claims history
- Staffing model
- AHCCCS participation
- Documentation quality
Common Mistakes:
- Choosing lowest premium
- Lowering limits
- Ignoring abuse coverage
For a coverage review, contact Prosperity North Advisors.