Who Needs Nonprofit Insurance?

Non-profit organizations and not-for-profit businesses span a very wide spectrum. They can be found across multiple sectors, each with its own risk exposure concerns. Entities that need non-profit insurance include:

  • ​Cultural organizations
  • Art organizations
  • Community health clinics
  • Non-profit educational organizations
  • Pet adoption services
  • Environmental conservation organizations
  • Fundraising organizations
  • ​Historical societies
  • Mental health facilities
  • Counseling centers
  • Homeless shelters & hostels
  • Shelters for Abused Women & Children
  • An organization that is categorized as a 501(c)(3)

Customized Solutions.

Nonprofit organizations are business entities that face risk in their day-to-day operations just like any for-profit business. At the same time, they are held to different operational rules and legal codes that require strict adherence to maintain their non-profit status. Adding to the equation is the fact that a lot of non-profits use volunteers, which further presents different risks that a lot of businesses don’t face.

The Dollars & Cents

How Much Does Non-Profit Insurance Cost?

The average non-profit insurance policy typically ranges between $400 to $700 annually. Though the cost can be affected by things like:

  • The number of employees
  • The size of the property
  • The age of the property
  • The type of the organization
  • How often do you employ volunteers
  • The services you offer

When you have Healy Brokerage on your side, you can rest easy knowing that we bring our decades of experience to bear when finding your non-profit organization the insurance you need. We can assess the type and level of coverage you need to help find a customized policy at a competitive price