Nonprofit Insurance Explained

COVID19 and your Nonprofit Insurance

Among all the things that are frustrating about living through the COVID19 pandemic probably the most frustrating is the simple lack of not knowing. We don’t know how to deal with it. We don’t know when we will have a vaccine or if it will work. We don’t know the long-term effects on our economy. And so much more! As you can imagine, we field many questions from our clients about how possible […]
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Employment Practices Liability Insurance Claims & Your Nonprofit

In the world of insurance for Nonprofits, Employment Practice’s Liability coverage is often overlooked and misunderstood. Most Directors and Officers policies written for Nonprofits include Employment Practices Liability coverage (EPL). So, you may have this coverage and not even know it. However, not all EPL policies offer the same coverages and benefits. This coverage accounts for nearly 95% of […]
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Is Nonprofit Insurance Getting Harder to Find?

Yes, unfortunately nonprofit insurance is getting harder to find and purchase. Why? Two reasons… First, many insurance companies are discontinuing coverage for certain types of nonprofit organizations. These include, but aren’t limited to, youth programs, all types of shelters, rehab programs, animal related activities, and more. And, for those nonprofits who can maintain their current programs […]
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Why does my Nonprofit need Hired and Non-Owned Auto?

Surprisingly, many nonprofit organizations do not see the need to add Hired and Non-Owned Auto coverage to their General Liability insurance program. There seems to be a lot of confusion as to what these coverages actually provide. What is Hired and Non-Owned Auto? Non-Owned Auto Liability-Covers the organization for their liability when an employee or volunteer is driving for organization […]
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Why Nonprofit Insurance is Misunderstood

Nonprofit organizations and Nonprofit Insurance continue to be widely misunderstood both by consumers and by the insurance industry. Unfortunately, this creates a difficult situation for all nonprofit organizations in terms of uninsured risk, lack of coverage advice, and lack of coverage availability.
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Nonprofit Workers Compensation and California AB5

Many nonprofits depend wholly or partly on "independent contractors" to provide everything from grant writing, bookkeeping, accounting on up to performing, and landscaping.  Independent Contractor status has always been a "slippery slope" with the Internal Revenue Service and the Franchise Tax Board, often having a very different view of what constitutes an "independent contractor" than the […]
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The Role of your Broker in your Nonprofit Insurance Program

  I work with a broad scope of nonprofit organizations across the country and find that some folks still don’t fully understand the role of their insurance broker in their nonprofit insurance program.  Ideally, your insurance broker acts as a professional consultant to your nonprofit. He or she works with the organization to understand the risks it faces and then helps to determine the best […]
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Do NPO's Need Cyber Liability Coverage?

  We’ve had a lot of clients asking us about Cyber Liability recently.  They all seem to be a bit panicked about what it is and whether they need it. The insurance industry does a good job of doing that… So, I thought a quick review might be helpful for everyone.
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Why Nonprofits Need Property Insurance

  FACT: One nonprofit focused insurance company reported over $25,000,000 in property losses for the California Paradise wildfire. Many non-profits, especially new or smaller non-profits, overlook property coverage when considering their overall insurance program. Unless coverage is required by a lender or landlord the insuring of tangible assets may not even be part of the larger insurance […]
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