Workers Compensation Insurance for Residential Care Facilities
Novatae Risk Group offers a dedicated Workers Compensation program tailored for Residential Care Facilities. As a Managing General Underwriter and Excess & Surplus Lines Broker, Novatae provides focused underwriting and wholesale placement support to help agents place workers compensation for assisted living facilities, group homes, memory care centers, recovery residences, and similar operations. This program is designed to address the specific exposures and operational challenges common to residential care settings.
Ideal Accounts and Appetite
The program is appropriate for a broad range of residential care operations, including:
- Assisted living facilities
- Group homes for developmentally disabled adults
- Substance abuse recovery homes
- Senior housing and memory care centers
Novatae favors accounts with stable management, documented employee training, and active safety programs. Typical fits are small to mid-sized facilities with clear hiring and supervision practices. Generally, accounts with chronic staffing issues, unmanaged high-severity claims, or operations outside standard residential care services may require further review or be declined.
Example scenarios: you might have a 20-bed assisted living home with three years of clean loss history seeking more competitive terms; or a group home expanding to a second site that needs consistent workers comp coverage across states — both are the types of accounts this program is intended to serve.
Coverage Highlights and Advantages
- Only $7,500 Minimum Premium
- 10% commission for appointed agents
- Fast turnaround on quotes with completed applications
- Coverage available in over 20 states
The program emphasizes responsiveness and flexibility: streamlined submissions, clear underwriting guidance, and wholesale market access. Novatae’s team understands the nuances of claims patterns and payroll classifications common to residential care, which helps agents get accurate pricing and placement decisions quickly.
Underwriting Requirements
To submit an account for review include the following:
- ACORD 130 application
- 3 years of currently valued loss runs
- Completed supplemental questionnaire
- Details on any large or open losses
Complete submissions help accelerate quotes. Note the program minimum premium is $7,500. Underwriting will consider payroll mix, staffing levels, licensing, and training programs when assessing risk and market options.
Territories and Market Access
Coverage is available in the following states: AL, AK, AZ, AR, CA, CO, CT, FL, GA, IL, KY, LA, MS, MO, NV, NJ, NM, NY, NC, PA, SC, TN, TX, UT, VA, and WV. Novatae places business in admitted and non-admitted markets depending on state availability and the specifics of each account. Market access and terms will vary by state and carrier appetite.
Why Work With Novatae Risk Group?
Novatae brings sector-specific underwriting expertise in healthcare and human services. As a managing general underwriter and wholesale broker, Novatae combines direct market relationships with pragmatic underwriting to help agents place challenging residential care risks. You can expect consultative support on classifications, loss-control suggestions, and timely responses on submissions.
Do you need a Workers Compensation Insurance Quote for your Residential Care Facility client?
Send an email to [email protected] with your coverage needs or call 800-758-8113 to speak to an underwriter immediately.
Frequently Asked Questions
What types of accounts are a good fit for this program?
This program is ideal for assisted living facilities, group homes, memory care centers, and other residential care operations with stable management and documented safety procedures.
What is the minimum premium for this Workers Compensation program?
The minimum premium starts at $7,500, making it appropriate for small to mid-sized residential care operations.
What states is this program available in?
Coverage is available in over 20 states, including CA, FL, TX, NY, and others across the South, Midwest, and West.
What documents are required to submit a quote?
Required documents include an ACORD 130 application, 3 years of loss runs, a supplemental questionnaire, and details on any large losses.
How quickly can I expect a quote?
With a complete submission, Novatae typically provides fast turnaround times to help you respond to your clients promptly.
Need help placing an account? Connect with a market specialist.