Insuring your nonprofit organization can be tricky at best. There are gaps in many of the charitable immunity laws you may not be aware of. And, many nonprofits are operating on the type of budget that can't survive a large unexpected expense. The best way to protect your organization is to have to right coverage.
The types of insurance that may best fit your nonprofit are:
- General Liability Insurance - This will protect your organization against accident claims that could arise from someone (other than an employee of the organization) being involved in an accident while on your property. Your employees would be covered by your Workers Compensation policy.
- Property Insurance - Own or rent, you want to protect the things that could be lost during an unexpected event like a natural disaster, vandalism or other occurrence. This could include furniture, equipment, computers, machinery and other items of value.
Some of the other types of insurance you might consider depending on your nonprofit:
- Cyber Liability
- Workers Compensation
- Comprehensive Auto
- Special Events Insurance
- E & O Insurance
- Directors & Officers
Whether your nonprofit is located here in New York or somewhere else in the state of AL, AZ, CA, CO, CT, FL, GA, MD, ME, NC, NJ, OH, PA, SC, TX, VA, WV, and many others states, Ovation Risk Planners has the experience and insurance companies to find the right solution at the right price. Give us a call (877) 496-7283 so we can discuss the specifics of your nonprofit and where your exposures might be.