Business Insurance and Your Non-Profit

Business Insurance and Your Non-Profit

Non-profit and charitable organizations are frequently highly scrutinized. Salaries are closely monitored, expenses are closely tracked, and they are almost always looking for new ways to generate funding.

There can be distinctive differences between a for-profit and a non-profit organization. There are also some commonalities. One of these could be the need for business insurance.

A solid business insurance plan protects the interests of the business owner and other investors. For a non-profit, business insurance can help protect their mission and responsibly protect the interests of stakeholders and donors.

Here are some reasons business insurance can be critical for non-profit organizations.

Many Non-Profit Organizations Own Property

If your non-profit organization owns real estate, that property can be at risk of damage or loss and have the potential for liability claims. Whether it is a church, office, warehouse, or other structure, it could experience a fire, theft, vandalism, or other damage. In addition, if someone on the property should experience a slip and fall or other injury, the non-profit could be held liable. Business insurance can help.

A Non-Profit Can Have Employees and Volunteers

Like for-profit companies, non-profit organizations can be held liable for the actions of their employees. A non-profit can have the added risk of being held liable for the actions of volunteers. The appropriate insurance policy can help protect against claims.

They Likely Have a Board of Directors

If your non-profit organization functions under a board of directors, you will probably want to protect that board from legal actions associated with their service to the organization. This can be done through errors and omissions coverage, sometimes referred to as malpractice insurance. This can help protect individual board members in the event they are sued.

Churches and charitable organizations can have a lot of assets, including real estate, promotional materials, furniture, computers, and a wealth of other resources. A proper business insurance plan can help protect these assets as well as provide critical liability coverage. Our independent insurance agents have access to companies that are familiar and may even specialize in insuring non-profits. Reach out to us to request your free consultation and price quote today.


Do you have questions about your insurance? Find an insurance agent near you with our Agent Finder

Search All Blogs

Generic filters

Buzz Your
Insurance Agent

Search for a local agent with our agent finder map.

Agent Finder

Want to learn more about our blog writer?

Read more about KayLynn's background.

Click Here

Search All Blogs

Generic filters

Read More Blogs

Step Back in Time: 7 Small Towns with Unique American Atmospheres

Discover America’s most atmospherically unique small towns.

Beyond the Bar: Customer Service Lessons from the Best Bartenders

Unlock customer service secrets from your favorite bartender.

Your Safety Net Has a Safety Net: Understanding the Life Insurance “Free Look” Period

Discover your life insurance policy’s “free look” period.

From Edsel to Yugo: Three Automotive Flops That Made History

The biggest blunders in automotive history.

Stay or Go? Why Improving Your Current Home Might Be Your Best Move Yet

Love your home, don’t leave it! Discover why improving beats moving.

The Unforgettable Eight: Women Who Captured Our Hearts

Meet the eight women who are loved by all.

Elevate Your Enterprise: 11 Smart Ways to Boost Business Professionalism

Boost your business’s professionalism without breaking the bank.

Lightening the Load: A Guide to Decluttering for Your Loved Ones

Declutter for peace of mind, yours and theirs.

Smart Car Buying: Beyond the Sticker Price

Unlock the hidden costs of car ownership.

6 Simple Steps to Supercharge Your Home Security

Simple, affordable ways to protect your home.