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We insure the unique exposures of non-profit organizations

Since our beginnings in 1904, whether we are volunteering, coaching youth sports, sitting on non-profit boards, or running our “Operation Giveback Campaign,” non-profits are very close to our hearts.  It is very important for us to represent companies that have the knowledge and experience with insuring the unique exposures of non-profit organization.  We know important they are to the people in our communities.

Non-profit organizations have challenges that are unique to their own.  Fundraising, applying for grants, and recruiting volunteers are just a few examples of what goes into running a successful organization.

Here are a few Insurance coverages to understand as a non-profit organization:

Property Insurance

Seems simple, right?  However, another entity i.e. the local government or county may own, in many instances, the building that the organization uses.  It is crucial to look at the lease agreement in this example.  Naturally, one may assume the owner is responsible for insuring the building, but the contract may have a “triple net lease” agreement within it, which requires to tenant to insure the building!  Your agent can help with is.

Professional Liability Insurance

In the non-profit world, there is naturally a lot of person-to-person interaction.  From social workers and counselors, to battered women and homeless shelters, helping others is what they do.  Professional Liability insurance coverage is very important in these cases because mistakes happen, and bad advice can be given causing harm or injury to those we are trying to help.  To protect the non-profit organization and the employee/volunteer themselves, professional liability insurance is there to defend and pay to the limit of the coverage provided.  Please contact your agent about details.

Commercial Auto Insurance

Many non-profit organizations use vans and other transportation vehicles to pick up, drop off, and transport groups of people.  It is crucial to talk with your agent about correctly insuring the vehicles and the drivers of those vehicles because there could be exclusions if not done properly.