No matter what your business is, having the right type of insurance coverage is essential to the sustainability of your organization. When it comes to your nonprofit , you are in need of insurance coverage that is tailored specifically to your nonprofit's programming. There are some important factors that are sometimes overlooked when it comes to insurance for nonprofits.

Here are 7 nonprofit insurance tips that you can’t afford to miss:

1. Nonprofit Equals Risk

Even though nonprofits are focused on community involvement and serving others, they still hold the same amount of risk as any other business. It does not matter if the nonprofit is a food or medical bank, a school, or religious organization , they all possess great risk. Because of these risks, insurance for non-profits is a must.

2. Go with a Knowledgeable Agent

You need to have an insurance agency and carrier that knows and specializes in non-profit insurance. Therefore, it is necessary to have an insurance agency like The Insurance Connection on your team. With our vast non-profit experience, we will consult with you and help you decide on the best insurance to protect your non-profit organization.

3. Liability Insurance is a Must

All nonprofits need general liability insurance. This insurance premium and coverage will vary greatly depending on differing factors such as the number of members in the organization, the square footage of any buildings, the programming etc.

4. You Will Need D & O Insurance

Nonprofit organizations also need directors and officer’s liability insurance to protect those board members and managers working for the organization. This type of coverage includes board members who risk being personally liable for certain incidences not covered under general liability coverage.

5. Automotive Insurance is a Great Idea for Most Non-Profits.

Automotive insurance will be necessary for any non-profit owned vehicles. You also must take into account employees or volunteers that might be driving vehicles while at work for your nonprofit.

6. There is a Special Insurance to Cover Fundraisers and Events.

Many nonprofit organizations would benefit from special event insurance. This type of insurance covers your organization from potential conflicts with fundraisers and other special events that the organization may hold. Sometimes special events are covered under your general liability policy. Consult your agent to know that you’re covered.

7. Insurance is Confusing.

Insurance for nonprofits can be very confusing. Write down a list of questions that you have about your insurance coverage and have it close by when speaking to your insurance agent. This way you can make sure that you get all your questions answered by your trusted insurance agent.

Don’t forget to give Sandi Purinton and your team at The Insurance Connection a call! Live Better. Save More. That’s what we try to help you do at The Insurance Connection. We offer the benefits of an independent agency.

The Insurance Connection carefully considers your individual insurance needs and finds the right coverage for the best price for you, all with a smile. Contact us today at 678-439-8757 or info@insconnectga.com to get free insurance quotes

This material is for information only and is not intended to provide legal or professional advice. You are encouraged to consult with your own attorney or other expert consultants for a professional opinion specific to your situation. This information is only a general description of the available coverages and is not a contract. In an effort to keep your policy coverage affordable, the actual policy contains certain limitations and exclusions. Please refer to your insurance policy for the pertinent contract language and coverages. Some coverages and discounts are not available in all states. The Insurance Connection welcomes all applications, without regard to religion, race, color, national origin, sex, handicap or familial status.