Nonprofit insurance quotes

Nonprofit Insurance Quotes: How to Get Insurance for Nonprofit Organizations

As a 501(c)(3) organization, your nonprofit is held to a higher standard when it comes to how you manage risk. You not only have to worry about the same risks as for-profit businesses but also face unique risks that come with being a charitable organization.


From employee dishonesty and property damage to professional liability and sexual misconduct, there are many potential exposures nonprofits need to insure against. The good news is there are business insurance policies specifically designed to protect your nonprofit from these risks.


In this guide, we’ll look at the types of commercial property insurance nonprofits need and how to get the best quotes for nonprofit insurance.

Benefits of Working With An Independent Insurance Agency When Obtaining Nonprofit Insurance Quotes?

Working with an independent insurance agency for personalized attention and expertise is essential when looking for nonprofit insurance programs. Unlike captive agents that work for a single insurance company, independent agents represent multiple nonprofit insurance providers to find the best nonprofit insurance policy, coverage, and rates for your organization’s unique needs and budget.


Integrity Now Insurance Brokers is a national insurance agency that offers valuable advice and risk management consultations to reduce your organization’s exposure to potential risks. Our team of experienced nonprofit insurance brokers understands various industries’ unique risks and can tailor insurance policies to meet your needs. 


We work with top-rated nonprofit insurance companies to ensure you receive competitive pricing and comprehensive coverage. In addition to traditional insurance products such as general liability, property, commercial auto insurance, and workers’ compensation insurance, we offer niche coverages such as cyber liability, directors and officers liability, and professional liability insurance. 


We believe education is vital to reducing risks, so we offer risk management consultations through Got Safety to help you understand your business’s potential exposures and how to mitigate them.


Integrity Now Insurance Brokers is committed to providing exceptional customer service and claims support. We are here for you every step, from helping you select the right coverage to when to file a claim and navigating the claims process.


Contact us today to learn how Integrity Now Insurance Brokers can help protect your business and request a free quote.  

What Are The Different Types Of Insurance Coverage That Nonprofits Need?

What Are The Different Types Of Business Insurance Coverage That Nonprofits Need?

1. General liability insurance


Commercial general liability non-profit insurance is a crucial type of insurance for nonprofits. This policy helps protect the organization from third-party claims of bodily injury or property damage caused by the nonprofit or its employees. 


General liability coverage for nonprofits helps protect against injuries or damage if a visitor slips and falls while at your property. Our nonprofit insurance agents will help keep your insurance cost of nonprofit insurance affordable.


2. Property insurance


Property insurance is crucial for nonprofits as it protects against losing or damaging valuable items like furniture, equipment, computers, and machinery. Nonprofits should also consider insuring their space in case of natural disasters or vandalism.


Without property insurance, nonprofits may struggle to replace these items and continue their operations. Property insurance can cover repairing or replacing damaged property, debris removal, and loss of business income due to a covered event in the event of a fire.



3. Workers’ compensation insurance


Workers compensation insurance is vital for nonprofit organizations as it helps pay for the medical care and partial missed wages of employees who get injured or sick on the job. This insurance covers urgent care, family doctors, specialists, hospital stays, and other expenses related to work-related illnesses or injuries.


Most states require nonprofits with employees to have Workers’ Comp insurance. Nonprofits failing to comply with this requirement may face legal and financial consequences.


Workers’ Comp insurance helps protect your organization and its employees against the financial burden of work-related injuries or illnesses.


4. Commercial vehicle insurance


Nonprofit insurance programs can help cover your vehicles owned by the organization. Commercial vehicle insurance for nonprofit organizations that use cars, trucks, 15-passenger vans, or buses for business purposes is crucial to keep in force at all times.


Auto insurance coverage options may include collision, comprehensive, roadside assistance, rental car coverage, and liability protections. With commercial vehicle insurance, nonprofits can protect themselves, their employees, and any other parties involved in an accident from financial damages.


5. Board of Directors Insurance


Directors and officers Insurance for nonprofit organizations, also known as D&O insurance, covers the board members who may be personally liable for financial losses. This insurance protects against losses caused by negligence or honest mistakes made by the directors and officers of the organization.


6. Professional liability insurance


Professional liability insurance (errors and omissions insurance (E&O)) is essential for nonprofits providing services or selling products. This insurance covers legal expenses when a mistake or error leads to a lawsuit, protecting the nonprofit’s finances and reputation. 


7. Cyber liability insurance


Cyber liability insurance, or data breach insurance, helps protect nonprofits from the financial and reputational damages caused by a data breach. This insurance covers the costs associated with a breach, including notifications for those affected, credit report monitoring, and help to secure equipment and records.


Cyber liability insurance is crucial for nonprofits that store employee and customer data on a computer or the internet. Nonprofits must consider cyber liability insurance as a risk management strategy.


8. Employment practice liability insurance


Employment practices liability insurance for nonprofits protects against wrongful termination claims, workplace harassment, retaliation, and discrimination. Nonprofits with employees are vulnerable to lawsuits related to employment practices, which can be expensive to settle.


9. Insurance for special events


Coverage needs for nonprofits must include insurance protection for special events. Fundraisers, auctions, galas, and other special events are often crucial to the financial sustainability of nonprofit organizations.


However, these events also pose unique risks and liabilities that require specific insurance coverage. Event cancellation insurance can protect the organization from financial losses associated with an event that gets canceled or postponed due to unforeseen circumstances such as severe weather, power outages, or other emergencies.


Liability insurance is also necessary to protect the organization from accidents, injuries, or property damage during the event. This may include general liability insurance, liquor liability insurance, and product liability insurance, depending on the type of event.


10. Group Benefits


Nonprofit organizations are responsible for protecting and providing employees with the necessary benefits. Group benefits insurance is essential for nonprofits to consider as it helps attract and retain talented employees.


Group benefits can include the following coverages:



These types of insurance are essential for nonprofit organizations to consider as they help ensure the well-being of their employees and provide them with the necessary support in an emergency.


Integrity Now Insurance Brokers offers nonprofit organization insurance services that protect against injuries and property damage. We have an easy quote process and work with some of the top insurance carriers in the industry.

Do Nonprofit Organizations Need Data Breach Insurance?

Do Nonprofit Organizations Need Data Breach Insurance Coverage?

Yes, nonprofits need data breach insurance or cyber liability insurance to protect against the financial burden of a data breach. This insurance can help respond to a breach by providing notifications to individuals involved, credit report monitoring, and help with securing equipment and records.


Nonprofits are at risk of a data breach as they keep donor financial files, employee records, client data, and even volunteer data. A data breach can result in stolen personally identifiable information, leading to lawsuits, reputational damage, and financial losses.


Therefore, having the right kind of nonprofit insurance, including data breach insurance, can help protect against these risks and ensure the organization can continue to fulfill its mission.

How Much Does Insurance For Nonprofits Cost?

The cost of insurance for nonprofits can vary greatly depending on several factors. These include the following elements:


  1. Type of coverage needed
  2. Size of the nonprofit organization
  3. The risks associated with its activities


Generally, nonprofits need liability insurance to protect against claims made by third parties such as employees, volunteers, and clients. This type of insurance can cost anywhere from a few hundred to several thousand dollars annually.


Nonprofit organizations may also need property insurance to cover building and equipment damage. The cost of property insurance can also vary greatly depending on the property’s location and the value of the assets being insured.


Nonprofits can benefit from seeking help from a nonprofit insurance broker who can shop around to find the best insurance rates. The insurance cost for nonprofits is crucial in managing the organization’s finances and protecting its assets. 

Get A Quote For Your Nonprofit's Insurance Needs: Integrity Now Insurance Brokers

Integrity Now Insurance Brokers is a trusted nonprofit insurance company offering insurance for nonprofits. With experienced and knowledgeable nonprofit insurance brokers, the company ensures that your organization gets the right coverage at a fair price.


You can start a conversation with one of their expert brokers online or over the phone to get a quote. To provide an accurate quote, the nonprofit insurance brokers will ask you questions about your organization, including the type of coverage you need, the size and scope of your operations, and any unique risks or challenges your organization faces.


Working with one of our experienced insurance brokers is vital to ensure that your nonprofit is adequately protected and that the insurance policy meets all legal requirements.


Contact Integrity Now Insurance Brokers today to learn more about our nonprofit insurance solutions and to request a quote.

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