What are the three most important insurance coverages for a Georgia nonprofit?

The three most important insurance coverages for a Georgia nonprofit are general liability, directors and officers liability, and property coverage. Together these protect your organization against the claims and losses most likely to threaten your mission and your volunteers.

Each coverage answers a different nonprofit risk:

• General liability covers bodily injury and property damage to others, such as a visitor who is hurt at your event or facility. Almost every venue, grant, and partner will require it.
• Directors and officers liability, often called D&O, protects your board members and leaders against claims over their decisions. Volunteers serving on a board can be sued personally, and good people are hard to recruit without this protection.
• Property coverage protects your building, equipment, and supplies against fire, theft, and storms.

For example, a Georgia youth nonprofit hosts a community fundraiser where a guest trips on a loose cable and breaks a wrist, leading to a $25,000 claim. General liability handles it. Separately, a former employee challenges a board decision, and D&O covers the $50,000 defense. Without these coverages, the nonprofit would pay both bills from donor funds meant for its programs.

Many nonprofits bundle general liability and property into a business owners policy and add D&O separately. We will help you build a package that fits your budget and your activities. Request a free coverage review and a licensed advisor will confirm whether your nonprofit’s core risks are covered.