Insurance that rewards you for putting safety first and evolves with your small business’ ups and downs.
Pay-As-You-Go coverage adjusts automatically—just report your monthly sales, or integrate your POS provider, and your premium syncs perfectly with your growth, slowdown, or seasonality.
Our BOP is a significantly enhanced program built 100% for restaurants, complete with coverages that suit any concept’s needs. It’s the only Pay-As-You-Go BOP that also rewards establishments for demonstrated loss control.
We all hate claims. So we help you avoid them, with easy tips on how to keep your restaurant safe and healthy, and reward you for it.
Complete visibility into how premiums change at varying sales levels
Transparent, complete policy tracking on the Rainbow Dashboard
Not in most cases — Rainbow's Pay-As-You-Go policies reduce the need for auditing an insured at the end of the policy term. No audits = no hassle or unexpected back premiums.
Rainbow provides coverage to a variety of foodservice establishments including restaurants, delis, and wine bars.
Rainbow policyholders have the option to purchase a Pay-As-You-Go policy, which means that the monthly premium will change over time. This is because Rainbow recalculates the liability premium each month based on the restaurant's actual sales activity. The policy's property premium remains fixed for the policy term.
During the quote process, insureds are offered a discount on their premium for participating in our loss control incentive program. At policy issuance, we engage the insured to perform certain tasks to help identify or mitigate hazards, starting simply with uploading images of their operation that they can take from their smartphone.
Rainbow’s policies are issued by insurance carriers with a Financial Strength Rating of A- Excellent by AM Best.