FRIDAY, MARCH 25, 2016
 Just like businesses and corporations, non-profits also have assets to protect. Some may argue that seeking the right protection is even more important for non-profits because if a loss occurs, they don't have a large store of funds to recover like a business often does. Any loss experienced by a non-profit could be detrimental, so it's important to consider the benefits of non-profit insurance.
Property
Without furniture, computers and other physical assets, it would be difficult — if not impossible — to continue operations of your non-profit. And any loss of these assets could prove a tough financial burden. Non-profit property coverage protects these assets and offers reimbursement for repairs or replacements after a covered incident occurs.
Liabilities
There are quite a few categories of liability risks that non-profits may experience, stemming from internal risks to those that extend to guests. Here are a few considerations:
- General Liability: Relates to third party injuries and property damage.
- Employment Practices Liability: Relates to fair employment decisions not based on discrimination.
- Umbrella Liability: Relates to very high liability claims that surpass the limits of underlying policies.
Your agent can help you determine the coverage options that are most suitable for your non-profit.
Vehicles
Does your non-profit own or rent any vehicles to perform tasks? If so, they will need to be insured (much like your personal car). Idaho requires every vehicle on the road to be insured with liability coverage, which protects other drivers. In addition, you can choose from a host of other coverage options to protect your vehicles and employees.
Get the coverage you need. Call Full Armor Insurance Services, LLC at (208) 664-6000 for more information on Idaho non-profit insurance.
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