Standalone Workers Comp Insurance for Mainstreet Classes
Novatae Risk Group offers a competitive and versatile Standalone Workers Compensation program tailored specifically for mainstreet businesses. With access to a wide range of markets and an appetite for over 1,000 class codes, this program is ideal for agents seeking reliable placement options for hard-to-place accounts or those looking for standalone workers comp solutions across a variety of industries.
Ideal Accounts and Appetite
This program is designed to accommodate a broad spectrum of low- to medium-hazard classes. Whether you’re working with contractors, healthcare service providers, manufacturers, or retail businesses, Novatae can support your clients’ workers compensation needs. A few example classes include:
- In-home nursing and assisted living facilities
- Contractors such as HVAC, electrical, and excavation
- Auto service and body repair shops
- Restaurants, retail grocery stores, and theaters
- Warehouse and wholesale operations
You might have a client with a small landscaping firm or a regional trucking operation — both could be a strong fit for this program depending on their loss history and payroll size.
Program Features
- Minimum premium of $7,500
- Over 1,000 eligible class codes
- 10% commission offered to producers
- Fast quote turnaround upon submission of a complete application
- Coverage available in more than 20 states
Submission Requirements
- Completed Acord 130 application
- Three years of currently valued loss runs
- Supplemental questionnaire (if applicable)
- Details on any large losses
Sampling of Classes
- Agriculture
- Alarms & Sound
- Assisted Living
- Auto Body
- Auto Service
- Barbers
- Cabinet Makers
- Carpenters
- Clubs
- Contractors
- Country Clubs - Golf
- Driver Training
- Electrical Mfg.
- Electrical Contractors
- Excavation
- Furniture Mfg.
- Furniture Upholstering
- Hardware Mfg.
- HVAC Contractors
- Hotel
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- In-Home Care, Nursing
- Landscape Contractor
- Machine Facilities
- Manufacturers
- Mineral Milling
- Non-Emergency AMBU
- Office Machine Install
- Oil & Gas Production
- Oil Refining
- Para Transit
- Plumber
- Residential Care Facility
- Restaurant
- Retail Grocery Store
- Theaters
- Tool Mfg.
- Trucker & Transportation
- Wallboard Install
- Warehouse Workers
- Wholesale Hardware
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Territories and Market Access
This program is available in over 45 states, including major markets such as CA, FL, TX, NY, and IL. Novatae Risk Group leverages its broad carrier access to offer options from both admitted and non-admitted markets, depending on availability and class specifics.
Why Work With Novatae Risk Group
As a Managing General Underwriter and Excess & Surplus Lines Broker, Novatae brings deep expertise and market access to help agents place workers comp business effectively. Whether you’re looking for a fast turnaround or need help placing more complex or underserved classes, Novatae is ready to support you with responsive underwriting and a wide appetite.
Do you need a Workers Compensation Insurance Quote?
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 mainstreet businesses such as contractors, assisted living facilities, auto repair shops, restaurants, and retail stores. It accommodates over 1,000 class codes.
What are the submission requirements for a quote?
Agents should submit a completed Acord 130, three years of loss runs, any applicable supplemental questionnaires, and details on large losses.
Is this program available in my state?
The program is available in more than 45 states, including CA, FL, TX, NY, and others. Contact Novatae to confirm availability for your specific risk.
How quickly can I expect a quote?
Novatae offers fast turnaround times once a complete submission is received. In many cases, quotes are provided within a few business days.
Are both admitted and non-admitted markets used?
Yes, Novatae has access to both admitted and non-admitted markets depending on the class of business and state requirements.
Need help placing an account? Connect with a market specialist.