Here at Baxter Insurance we love to help provide insurance for non-profits, by providing valuable insurance protection, and reducing insurance costs, so that every dollar saved can go back into the services that the non-profit provides. We also know that as your insurance back-office, we can save you time, so you can get back to your non-profits mission.
Non-Profits provide vital services for society. And yet when it comes to insurance, non-profits are unique in the insurance world. Many of the traditional insurance companies do not understand the nature of many non-profits. This can cause headaches for many non-profits.
Baxter Insurance has partnered with special non-profit insurers, who only provide insurance to non-profits, and understand what you do.
Here are some basics as to the types of insurance policies a non-profit could have in place:
- Commercial General Liability Insurance-
Commercial General Liability is a coverage that protects your nonprofit against risks like liability claims such as bodily injury, property damage, and personal injury lawsuits against the non-profit.
- Directors and Officers (D+O) Liability Insurance-
Directors and Officers insurance protectors the board members, employees, and volunteers for their management and wrongful acts of the non-profit. But a good D+O policy can do much more than that. Some D+O policies also extend coverage to protect a non-profit against claims that come from harassment, discrimination, and wrongful termination.
- Commercial Auto Insurance-
If your non-profit owns autos, or has employees or volunteers driving their own cars on behalf of the non-profit, certain types of commercial auto insurance should be put into place. That could be commercial auto insurance on the vehicles that the non-profit owns. Or, a coverage called hired and non-owned auto, protecting the non-profit for claims stemming from volunteers or employees auto accidents when being used on behalf of the non-profit.
- Workers Compensation Insurance-
Any business that has employees is subject to workers compensation laws of their respective state. Workers compensation insurance is a policy that needs to be in place to cover the non-profit if an employee becomes injured or disabled stemming from a workplace injury.
- Business Owners Property Insurance-
If a non-profit owns property like a building, tools, or office property, that should be insured. Non-profit insurance companies that we work with make this easy and affordable to insure.
- Social Services Professional Liability-
If your non-profit works in the social services field, there is a special professional liability coverage that should be carried. This protects volunteers, employees, independent contractors, that can result from claims stemming from certain profesional services rendered in the social services field.
- Participant / Volunteer Accident Coverage-
This is a limited medical coverage for volunteers for participants that is a no-fault coverage. It may apply alongside or in addition to an individuals health insurance policy.
At Baxter Insurance, we love working with Non-Profits. We believe in the mission and value that non-profits provide for society. We have helped many non-profits over the years. If you need help with your non-profits insurance, and are seeking a trusted insurance agent as a partner, please reach out to us. We would love to become your non-profits insurance agent!
