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Senior Living Liability

Assisted living

What changes on our insurance when we open a second building?

The aggregate basis stops being academic. With one building, whether the annual aggregate is shared across locations or applies separately to each makes no practical difference. With two or more, it decides whether a bad year at one building consumes the limits protecting the others.

That matters in senior care specifically because claim frequency is usually driven by facility-level causes, principally staffing, which means one building genuinely can produce several claims from the same root cause in the same year.

Ask for a designated location general aggregate endorsement and confirm it is actually attached rather than referenced in a proposal, with every current building on its schedule. An operator who acquires a building mid-term can end up with an endorsement covering the original locations and silently omitting the new one.

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