New Workers' Compensation Product for Restaurants with Delivery

RICHMOND, VA (June 18, 2018) – All Risks, Ltd., the nation’s largest independent wholesale insurance brokerage firm, now has a new exclusive agreement with an A.M. Best "A+" rated carrier to offer competitive Workers’ Compensation (WC) insurance to restaurants with delivery operations. Coverage is available in all states except Alaska, Hawaii, North Dakota, Ohio, Washington and Wyoming. Minimum premiums start at $2,500 and there is no percentage delivery maximum.

Retail insurance agents nationwide can receive a Workers’ Compensation quote for restaurants with delivery operations under the following class codes:
• NCCI: 9082, 9083, 7380, 8742, 8810
• DE/PA: 0975, 0897, 0951, 0953
• MI: 9058, 7380, 8742, 8810
• NJ: 9079, 7380, 8742, 8810
• NY: 9074, 9072, 7380, 8742, 8810
• TX: 9079, 7380, 8742, 8810

New ventures are allowed and multi-location/multi-state risks are also eligible. Retail insurance agents can submit a completed and signed ACORD 130 application, All Risks supplemental application, current year and three years prior loss runs currently valued (last 90 days), current year premium and payroll, current e-mod worksheet, and large loss detail for any losses above $25,000 for a quote. To receive a WC quote, contact your regional All Risks WC Underwriter direct.

“As a leader in providing Workers’ Compensation insurance, we are proud to introduce this product for a class that can be challenging to place for our retail partners due to the delivery exposure. Not only are we providing new capacity but it is with a carrier that offers products custom made for the unique delivery risks facing the restaurant industry,” confirmed Jim Mitchell, Vice President of Workers’ Compensation and Accident & Health.

Legal Disclaimer: Views expressed here do not constitute legal advice. The information contained herein is for general guidance of matter only and not for the purpose of providing legal advice. Discussion of insurance policy language is descriptive only. Every policy has different policy language. Coverage afforded under any insurance policy issued is subject to individual policy terms and conditions. Please refer to your policy for the actual language.