Best Nonprofit Insurance

The Nonprofits Insurance Alliance works exclusively with nonprofit organizations, and their team of specialists can help you secure the best policy based on your organizational and industry needs. This experience, when paired with their policy options and resources, make NIA the best overall nonprofit insurance provider. 

NIA services over 26,000 nonprofits annually, and 95% of NIA members renewed their policies in 2023. Their portfolio of AM Best A-rated providers includes general liability, directors and officers (D&O) liability, flat rate D&O, employee benefits liability, business owner's policies, and business auto liability. NIA also offers companion programs, including auto physical damage, employee/volunteer dishonesty, and participant or volunteer accident. 

In addition to insurance policies, NIA also provides members with additional resources and tools, including a free risk management service. These resources help businesses minimize liability risks by providing training, education, and other types of support. 

To get a quote, submit a request online, and NIA will match your organization with an experienced agent who will help you determine the best policy options for your group. This process can take up to seven days.

Affinity Nonprofits, in conjunction with Arch Insurance Company, has insured over 65,000 nonprofit organizations. We chose them as the best D&O liability provider because of their dedication to creating tailored D&O liability insurance policies that reflect the needs of an organization based on industry classification, size, and budget. 

Affinity Nonprofits' partner, Arch Insurance Company, has an AM Best A- rating. Affinity Nonprofits offers coverage to nonprofit classes, including:

• Social services
• Trade and professional associations
• Community associations
• Foundations
• Museums
• Educational organizations
• Healthcare services
• Festivals
• Animal humane societies
• Rotary clubs.

A typical directors and officers liability insurance policy includes duty-to-defend, cyber liability, workplace violence, crisis management, breach of contract, personal injury, publishing liability, and punitive damages protection. Limits vary based on each policy with excess limits between $1 million and $3 million available. 

Affinity Nonprofits does not offer an online quote option. Instead, interested organizations must set up a consultation or contact them directly via phone or email Monday to Friday between 8:30 a.m. and 5:30 p.m. EST.

The Hartford was founded in 1810 and has served over one million small businesses to date. They’ve been listed as one of the “World’s Most Ethical Companies” 15 times and strive to incorporate sustainability practices, trust, and integrity in each policy they provide. Their general liability insurance policy offers high coverage limits and comprehensive protection, making The Hartford our choice for best for general liability. 

The Hartford’s general liability insurance policy covers nonprofit organizations in the event of bodily injury, third-party property damage, advertising injury, copyright infringement, and reputational harm. Their average general liability policy offers $1 million in coverage per occurrence and $2 million in aggregate; however, limits can extend to $5 million, if required.

The Hartford, rated A+ by AM Best, also provides several other coverage options, including property coverage, D&O, employment practices liability coverage (EPL), fiduciary coverage, and cyber liability coverage. Nonprofits can also obtain workers' compensation insurance, commercial auto coverage, and multinational coverage.  

The Hartford's customer-focused approach to insurance, tailored policies, and overall reliability has earned them a high rating among policyholders. It offers comprehensive customer support, which includes 24/7 customer service via phone and email for most concerns. You can get a quote online, though some need to finish the process with an agent.

Established in 1998, AMTrust has a history of helping small businesses, including nonprofit organizations, secure the insurance they need to minimize risk. It offers all common commercial insurance policies, including workers' compensation. We chose AMTrust as the best workers' compensation policy provider because coverage is designed to account for policy management, adherence to laws, and volunteer considerations. 

AMTrust also prides itself on its ability to navigate the often overlooked nuances that nonprofits face when securing this type of solution. Specifically, AMTrust makes it a point to identify potential “gray” areas, such as how state rules apply to volunteers or organizational changes that may leave employees and employers vulnerable under their existing workers' comp policies. This attention to detail makes AMTrust uniquely suited to not only underwrite workers' compensation policies but to offer valuable insights that can influence guidance on a case-by-case basis. 

Because workers' compensation policy pricing depends on so many factors, AmTrust does not offer online quotes. Instead, you can submit an online contact form or contact them via phone or email to work with an agent who can give you the most accurate quote for your organizational needs.

GuideOne has been guiding community organizations through the intricacies of insurance since 1947. They work specifically with churches, nonprofits, educational organizations, and small businesses to offer peril protection, including property coverage. We chose GuideOne's property policies because they are flexible in protecting the organization's physical location as well as additional assets like the administrator's personal property, signage, and even work-related travel property losses.

GuideOne, which has an A- (Excellent) AM Best rating, lets you choose from Basic, Broad, and Special policies. Coverage can include the physical location (up to $1 million), personal property ($25,000), valuable papers and records ($250,000), indirect losses ($300,000), and even equipment breakdowns (up to $50,000). Policyholders can also tailor their policy with coverage options, including protection against computer fraud or a policy that makes it possible to use energy-efficient replacements and repairs when the insured property is damaged. 

The quote process starts online, but you’ll need to speak to an agent to complete it. GuideOne does offer some online support via email with some claims like workers' compensation managed online, but GuideOne’s online options are limited. The absence of online support may not be ideal for organizational leaders who prefer to manage all their insurance needs online.

If your nonprofit doesn’t regularly host or participate in events, an annual policy may not be the most affordable option. Eventsured offers event liability and event cancellation insurance for the duration of individual events. Customers can quickly get a quote, purchase, and receive proof of insurance in as little as one day. This makes Eventsured a good option for nonprofits that may need additional coverage for an event but don't want to add an annual policy to their budget. 

Eventsured will cover over 500 single- or multi-day (excluding overnight stays) events, including fundraising events, sports tournaments, auctions, art exhibits, and even bake sales. Policies also automatically include liquor liability. 

Though quotes and immediate policy purchases are often available online, some applicants will need to speak with an agent before getting a quote or purchasing coverage. That is particularly true for any events with increased risk, which is the case for those featuring bounce houses, live animals, overnight activities, firearms, cannabis, or any open flame.