Some types of businesses incur more risks of an unusual nature than most companies do. Examples of these enterprises include those in the hospitality, home medical care and entertainment and amusement industries. These types of ventures need protection against the specific risks they face in order to operate, so they turn to specialty insurance programs for the coverage they need. These programs protect niche segments and even unusual or rare assets.
Home health care is a growing industry and is much in demand. Niche coverage is required by such businesses as home health care providers, visiting nurses’ associations, hospice care providers, medical staffing firms and suppliers of medical equipment. This industry needs careful liability coverage designed for its unique exposures. Expert providers will work with you to tailor protection exactly to your needs.
Likewise, the hospitality industry is always strong and has some obvious liability needs. Others, though, may not be immediately clear, such as a need for protection against a driver who has consumed alcohol at an establishment then causes a traffic accident. Even individuals sometimes need specialized protection for items like antiques, boats, motorcycles, travel trailers and unoccupied dwellings. Specialty insurance programs meet the needs of focused industries such as home health care and give businesses that take unusual risks in order to operate the comprehensive coverage they need.