As we ease into summer, the warmer weather will entice people to visit restaurants more often. Since it’s the busy season for many restaurants, they will hire seasonal staff accordingly to handle the influx of summer diners. Ensuring that these new workers are properly trained is paramount, even if their employment will be short term.One of our Workers’ Compensation carrier partners, AmTrust Financial, conducted a recent Restaurant Risk Report that reviewed the current trends in restaurant claims. Claim costs varied widely across different injuries, lost time, seasonality, geographical and restaurant types. Here are some of the report highlights:
- Cuts, punctures or scrapes make up a third of restaurant claims reported.
- Slip and fall accounts for 4.5 times more in paid losses than punctures or cuts.
- An injured employee would take on average 30 days to return to work based on the claims with lost time.
- Injuries to wrists/hands caused the most lost time, averaging 265 lost days of work
- Cafés/coffee shops yield the highest lost time by 45% compared to all other restaurant types.
- In the U.S., average time lost due to restaurant industries varies from less than 4 days to nearly 2 months.
- Overall, June, July, & August have the highest reported restaurant workers’ comp accidents with inexperienced and/or newly hired seasonal workers are more likely to be injured than those who have been on the job for a while.
With top carrier status and exclusive access to many market relationships, All Risks has the ability to help retailers provide Workers’ Compensation to a variety of restaurant placements. We accept hard-to-place restaurants that include live entertainment, new ventures, have a lapse in coverage or even have multiple locations. All Risks’ responsive underwriters provide same-day quotes, with competitive commissions, from multiple admitted A.M. Best “A-“ or better rated carriers. Flexible payment options include monthly self-reporting, high deductible, and tailored plans that vary by state.
Recent All Risks Workers' Compensation Successes:
• Small burger chain with lapse in coverage
• Fine-dining in metropolitan city was a new venture
• Food truck with local radius
• Casual dining with ethnic cuisine lower premium than direct access carrier
Restaurant Class Codes Accepted:
• 9082 Restaurants with wait staff
• 9083 Fast food restaurants
• 9058 Restaurants that are owned or operated in or by hotels
• 9053 Applies in CA, NJ, and OK. May include restaurant employees located in clubs such as swimming, tennis, and fitness clubs.
• 9079 Applies in CA, MA, NJ, OR, and TX. Depending on the state, this code could apply to vending, restaurants, caterers, and hotels.
• 9072 Applies to NY only. Includes fast food restaurants.
• 9071 Applies to NY only. Includes full service restaurants, buffets, diners, and other establishments providing wait service.
• All states except ND, OH, WA, and WY
All Risks has Workers' Compensation underwriters across the country who understand the intricacies of their specific territories. We are continually working to identify specialty classes, build carrier partnerships and implement marketing strategies to the benefit of retail insurance agents nationwide.