Insurance for Nonprofits & Social Services

Nonprofit and social service organizations face a great deal of risk, especially if you’ve identified an already vulnerable or sensitive focus. We understand that insurance may not be the most invigorating next action step, but it is an essential infrastructure to protect your efforts, mission, and ultimately the cause or community you’re supporting.

Your success will have a domino-effect and we want to help you balance passion for your mission with strong business fundamentals.

What is Nonprofit & Social Service Insurance?

Quickly referred to as Nonprofit Insurance, this policy is composed of several commercial and tailored coverages to prioritize the financial health of organizations that function for a public or social benefit. The idea is to help these organizations manage inevitable risks of business alongside industry departments, priorities, and interactions.

What are Core Industry Risks?

Every nonprofit or social service organization will have its own detailed list of risks. For example, serving food, working with minors, distributing medicine, providing medical advice, or requiring volunteers to drive, can dramatically alter your risk profile. But broadly speaking, nonprofit and social service agencies share these risks:

Volunteers: When you heavily interact with the public plus entrust some with confidential information or tasks, you’re susceptible to the risk of injuries, theft, and lawsuits.

Service Field: While serving, you’re responsible for the treatment and advice you give, as well as preserving agency, donor, client, and volunteer privacy. This can lead to costly lawsuits, data breaches, investigations, and lost resources.

Board Members: In general, the more decision-making authority, the more risk. Board members can be sued for wrongdoing while managing, resulting in legal fees or lost time and money that could otherwise fuel your mission.

Setting Your Organization Up for Success:

You might be surprised how many insurance options exist for nonprofits! Your policy should tell the story of your unique needs, as well as your fundraising goals. Please connect with one of our experts and refer to your policy for specific coverage details.

Property Coverages: Addresses the risk of damage or loss to physical agency property at the hands of a covered peril, such as theft, fire, vandalism, fallen objects, and some weather events. If your agency is grounded in a climate that faces unique weather-related risks (such as floodplains or hurricanes), you may need endorsements (extra coverage) to include these events.

• Building: Covers costly damage to the physical building.
• Business Personal Property: Covers unattached assets that are critical to the functioning of your organization like office accessories, valuable papers, computer equipment, inventory, etc.
• Special Property: Covers unique and costly possessions like machinery, ovens, medicine, etc.
• Custody, Care & Control: Covers liability associated with personal property owned by others like locker items, auctioned goods, etc.

Liability Coverages: Addresses the risk of harm to others, even if it’s an accident.

• General Liability: Covers bodily injury and property damage caused by your negligence.
• Directors & Officers: Covers decisions made by board members, officers, or trustees.
• Employment Practices Liability Insurance (EPLI): Covers employer liabilities such as discrimination, improper dismissal, etc. of employees and volunteers.
• Professional Advice: Covers accusations of misinformation, misguidance, and more.
• Special Events: Covers special events like fundraising, client events, camps, etc.
• Travel: Covers global operations or event travel.
• Cyber: Protects costly database breaches that could lead to compromised information about donors, volunteers, and clients.
• Product: Covers the physical product you are distributing (like food or medicine) in case it is defective and leads to harm.
• Sexual Molestation: Responds to allegations of sexual abuse.

Auto Coverages: Addresses liabilities associated with damage to/by agency vehicle(s), or vehicles owned by employees or volunteers acting on behalf of the agency.

• Hired & Non-owned: Covers drivers who are performing in their roles as agency employees or volunteers, whether they are driving vehicles leased or rented to the agency or their own vehicles.
• Agency-Owned Vehicles: Covers buses & vans.
• Inland Marine: Covers any type of mobile equipment.

What to Look for In Your Carrier?

Generalized coverage is simply not enough. We’re proud to partner with credible carriers who specialize in the well-being of social service and nonprofit organizations. This allows us to cover your agency in one comprehensive policy accompanied by free business education that can help you further your compassionate purpose.

At the end of the day, we want to help preserve what you’ve worked so hard to grow and help you make an even bigger impact on the community you serve.

Connect with an Expert