Non Profit

Non-profit organizations often operate with limited budgets, making them particularly vulnerable to significant unexpected expenses. Having appropriate insurance coverage to shield against the most significant risks is paramount for the financial well-being of non-profits.

At Klinger Insurance Group in Germantown, Maryland, our knowledgeable insurance agent can assist you in securing comprehensive coverage that maximizes the value of your premium dollars.

Essential Insurance Coverage for Non-Profits:
Non-profit organizations may require various types of insurance coverage, including but not limited to:

General Liability (GL) Insurance: GL insurance safeguards your organization from premises liability claims, such as those stemming from slip and fall accidents, filed by visitors who sustain injuries on the organization’s premises.

Directors and Officers Insurance: Directors and officers of your non-profit may face personal allegations in lawsuits that accuse the organization of financial mismanagement or fraud. D&O insurance can cover the legal defense costs and damages arising from such lawsuits.

Property Insurance: Property insurance offers protection against property losses resulting from events like fires, storms, vandalism, or similar unexpected incidents.

Auto Insurance: Auto liability insurance is essential if volunteers utilize any vehicles for non-profit activities. It covers injuries and property damage caused by volunteers while operating vehicles during their volunteer duties.

Product Liability Insurance: Non-profits that sell products to the public, whether for fundraising or other purposes, may require this coverage to shield against lawsuits related to defective or dangerous products.

Professional Liability Insurance: Also known as errors and omissions insurance, this coverage offers protection against liability associated with mismanagement and workplace-related claims, including discrimination and harassment.

Determining the Cost of Non-Profit Insurance:
The cost of non-profit insurance varies depending on factors such as the organization’s location, its activities, and its level of risk exposure. Our agent at Klinger Insurance Group is committed to tailoring an insurance package that aligns with your non-profit organization’s budget and specific needs.