Home Health Care Insurance Costs

How much is home care business insurance?

Are you a caregiver who owns your own home health care company? Make sure you understand the importance of purchasing the right types of business insurance to protect you and your business. We compare insurance rates from over 30 different top-rated insurance providers so we can offer you the best insurance options, as well as the best coverage prices. 

Why do I need home health insurance?

As someone who is self-employed, you need home health caregiver insurance just in case something were to happen while providing caregiving services to your clients. There are many risks that come with working as a professional home health caregiver, with some of the more common being strains and sprains due to heavy lifting, sharp injuries, and falling.

How much does home health caregiver insurance cost?

What is the best way for you to find out how much you will need to pay to protect your caregiver business? Answer the below questions and research the laws in your state so you can find out what your state requires when it comes to required business insurance. Once you have chosen the types of coverage you need, and want, you can expect to pay anywhere between $30 and $400 a month for home health caregiver coverage.

• Where do you live?
• What level of care do you provide? 
• Do you run your business from home or a physical location?
• What is the worth of any business property and/or equipment? 
• How many employees do you have?
• What is your payroll size?
• How far do you drive?
• Have you previously filed insurance claims?
• How much insurance coverage do you need?

Types of home health caregiver insurance

The main types of insurance professional home health caregivers need are general liability, professional liability, commercial auto, and workers’ compensation. 

General liability insurance for home health caregivers

General liability covers any claims filed against your painting business that involve third-party bodily injury, property damage, personal injury, and/or advertising injury.

Home Health liability insurance might cost anywhere between $30 and $48 a month for starters.

Learn more about general liability insurance costs.

Professional liability insurance for home health caregivers

Professional liability covers any claims filed against your business if someone accuses you or your employees of poor work performance, negligence, or malpractice.

The cost of home health professional liability insurance might start anywhere between $14 and $57 a month.

professional liability insurance (E&O) costs.

Commercial auto insurance 

Business auto covers commercial vehicles used while working.

Business auto insurance might cost a home health care worker anywhere between $120 and $145 a month.

Workers’ compensation insurance 

Workers’ comp helps cover medical expenses and lost wages when an employee is injured or gets sick while working on the job.

Workers’ comp for home health caregivers might cost somewhere between $50 and $98 a month for starters.

Learn more about workers’ comp costs.

What are additional insurance options for home health caregivers?

Have a large home health business or want peace of mind of knowing you are fully covered for any situation? See additional home health caregiver insurance options below.

Hired and non-owned insurance

A hired and non-owned home health caregivers insurance policy covers hired, rented, and borrowed vehicles you need to use to properly perform a painting job.  

Hired and non-owned insurance could cost a home health worker somewhere between $7 and $12 a month.