Using Standard Property Insurance
One of the most common mistakes is arranging insurance as:
- A standard residential property
- An HMO
- Supported living accommodation
- General care insurance
Children’s homes involve specialist exposures that require specialist underwriting.
Incorrect Occupancy Descriptions
Insurers require accurate information regarding:
- Number of residents
- Age ranges
- Type of placements
- Staffing arrangements
- Behavioural risks
Incorrect disclosures can create serious issues if a claim occurs.
Underestimating Abuse Cover Requirements
Abuse cover is one of the most important protections for residential care providers.
Some operators:
- Do not check the limit provided
- Assume cover is automatically included
- Overlook exclusions or inner limits
Policies should always be reviewed carefully.
Failing to Declare Overnight Staffing
Underwriters commonly ask:
- Are staff awake overnight?
- Sleeping in?
- Off-site and on-call?
This can materially affect underwriting decisions.
Choosing Price Over Suitability
The cheapest policy is not always the best option.
Children’s homes require:
- Strong wording
- Appropriate liability limits
- Specialist claims support
- Insurers experienced in the care sector
Why Specialist Brokers Matter
A specialist broker can help:
- Present the risk properly
- Avoid disclosure issues
- Identify suitable insurers
- Structure the policy correctly
At SRS Insurance, we regularly assist both new and established children’s home providers with tailored insurance solutions.
Speak to SRS Insurance Today
Whether you oversee a mosque, synagogue, church, temple or multi-faith centre, SRS Insurance can help review your cover and strengthen your protection.
We will:
- Evaluate your current insurance
- Identify gaps or outdated limits
- Recommend improvements
- Provide a tailored insurance package
- Support risk management and security planning
