Workers Compensation Insurance for Elderly Care Facilities — Novatae Risk Group
Novatae Risk Group offers a targeted workers' compensation program designed for elderly care facilities, assisted living centers, nursing homes, and related long-term care operations. This program supports accounts that are difficult to place in standard markets — including higher-mod, multi-state, or previously distressed accounts — by combining access to admitted and surplus lines capacity with experienced underwriting and flexible placement options.
Appetite:
- MOD 1.30 or Greater
- High Hazard or Tough Classes
- Blue, Gray and White Collar Accounts
- Accounts in State Pools or Funds
- Distressed Accounts or Lapsed
- No Prior, Cancelled, Non-Renewed
- New Ventures ... OK
- Multi-State Exposure our Specialty
- Hard To Place Workers Compensation Insurance
Program Features:
- Quick Turnaround
- Many "A" Rated Carriers
- Stand Alone Workers Comp
- Guaranteed Cost Solutions
- Integrated Work Comp Solutions
- Dividend and Retro Plans
- High Deductible Programs
- Custom Account Handling
Requirements:
- ACORD 130
- 3-4 Years Loss Runs
- Details on Large Losses
- Supplemental Questionnaire
Coverage Highlights and Advantages
This program focuses on stabilizing workers' compensation exposures common to elderly care operations: frequent patient-handling injuries, slip/fall and ergonomic claims, and multi-state payroll exposures for operators with satellite locations. Novatae leverages relationships with admitted and specialty carriers (carriers vary by state) to deliver tailored solutions such as high-deductible structures, retro/dividend plans, and guaranteed-cost placements when appropriate.
Underwriting Notes and Minimums
Typical submissions should include the ACORD 130, at least 3–4 years of loss runs, and details on any large losses or open claims. A supplemental questionnaire may be requested for higher-risk or multi-state accounts. Minimum premium for this program is $10,000. Novatae acts as a Managing General Underwriter and Excess & Surplus Lines broker and will place business in all available markets as appropriate to the risk.
Territories and Market Position
Available in the following jurisdictions: AL, AK, AZ, AR, CA, CO, CT, DE, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, DC, WV, WI. Carriers and admitted status vary by state; Novatae places accounts across all available markets to secure the best fit for each account.
Why Submit These Accounts to Novatae Risk Group
- Specialized underwriting for elderly care and long-term care exposures.
- Access to admitted and surplus markets, including many A-rated carriers (varies by state).
- Ability to handle multi-state payrolls, distressed or previously cancelled accounts, and new ventures.
- Flexible solutions—guaranteed cost, retro/dividend options, and high-deductible programs—to match client risk management goals.
Example Accounts That Fit This Program
- A regional assisted-living operator with a MOD of 1.5, several satellite locations across three states, and recent payroll growth needing multi-state coverage and consolidated placement.
- A small nursing home with a recent lapse in coverage and one large prior claim; seeking quick turnaround and a binding solution while improvements to safety programs are documented.
Do you need an elderly care facility 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 elderly care accounts are the best fit for this Novatae program?
Accounts with higher MODs, multi-state payrolls, prior lapses or cancellations, distressed placements, and new ventures in the elderly care space are a good fit. The program also handles blue-, gray-, and white-collar exposures typical to assisted living and nursing facilities.
What must be included with a submission?
Provide a completed ACORD 130, 3–4 years of loss runs, details and narratives for any large claims, and the supplemental questionnaire if requested. Clear documentation on safety programs and payroll allocations for multi-location accounts will help speed underwriting.
Is this available in my state and are admitted carriers used?
Novatae places coverage in all available markets and works with admitted and surplus carriers depending on state availability and the account. Carriers vary by state; confirm market appetite for the specific jurisdictions listed in the program details.
What is the program minimum premium and typical turnaround?
The minimum premium is $10,000. Novatae emphasizes quick turnaround and will advise on expected timelines when you submit complete documentation.
Need help placing an account? Connect with a market specialist.