MenuPro™

NIP Programs is pleased to offer an insurance program designed specifically to service the Restaurant Industry, MenuPro^TM. This program provides all-lines coverage (including Workers Comp and Umbrella) and many coverage enhancements tailored specifically to the unique insurance needs of Restaurant owners and operators.

Program Highlights

• A.M. Best “A Rated” Admitted Carrier Partner (Excellent, Company Size XII)
• ISO-Based Admitted Package Product
• More than 75 years of Restaurant Expertise for risk control guidance and proper valuation of your client’s operations, property and equipment
• Highly Competitive Rates
• Exceptional Customer Service
• Quick Turnaround for Quotes

Eligible Exposures

• Eligible States: AK, AZ, CA (No WC), CO, DE, IA, ID, IN, MD, ME, MN, MT, NC, ND, NH, NM, OH, OR, PA, SC, SD, TN, UT, VT, VA, WA, WI, WY
• Casual Fast Food with limited cooking
• Full-service restaurants with full table service, including liquor sales
• Upscale and Fine Dining restaurants
• Ethnic restaurants

Ineligible Exposures

• Ineligible States: AL, AR, CT, FL, GA, HI, IL, KS, KY, LA, MA, MI, MS, MO, NE, NV, NJ, NY, OK, RI, TX, WV, and Washington DC
• Alcohol Sales greater than 25% of total sales (up to 40% considered, on a case-by-case basis)
• Fast Food restaurants with deep fryers
• Banquet Halls, including Wedding and Conference centers
• Food Trailers, Bars, Taverns, Nightclubs, Supper Clubs

Lines of Business

• General Liability – Premises and operations (up to $1m per occurrence/$2M General Aggregate; $2M Products/Completed Operations Aggregate)
• Building and business personal property
• Auto Liability and physical damage
• Business Income (Actual Loss Sustained)
• Liquor Liability
• Workers’ Compensation (Statutory Limits)

Special Coverages

• Restaurant Advantage Property Coverage Extender
• Equipment Breakdown
• Utility services direct damage and time element
• Spoilage (Actual Loss Sustained)

Minimum Premium

• $500 GL

Submission Requirements

• Completed and signed ACORD applications and NIP MenuPro Supplemental
• Complete description of operations
• 3 years plus 1 current year of currently valued, hard copy loss runs for all lines of business being requested. Loss runs should be valued within the past 90 days and include a brief description of all claims over $10,000
• MVRs for all drivers of company vehicles (if auto coverage requested)
• Workers Compensation: Description of safety initiatives, hiring practices, return-to-work and drug testing programs; Experience Modification Worksheet and 3-5 year history (if available)