Insurance for Nonprofits in Santa Barbara
An organization operating on a not-for-profit basis in Santa Barbara needs insurance coverage. HUB International brokers specialize in finding policies for associations that protect employees and communities and further causes. Ask a HUB broker about property and liability nonprofit insurance in Santa Barbara. The right level of coverage for damage, loss and liability enables an organization to focus on its mission with protections in place for the most common risks for nonprofits.
Why Nonprofits Need Insurance
Nonprofits with employees that operate in the state of California are subject to state workplace laws, including safety regulations. Organizations with brick-and-mortar locations need property insurance. General liability coverage, additional liability coverage in relevant areas and even excess or umbrella policies can also be useful in the context of an association. Here are several elements that can contribute toward making not-for-profit associations complex risk environments that need nonprofit insurance in Santa Barbara:
- Employees and volunteers: Many nonprofits have staff that require protection under state and federal employment laws and regulations. Volunteer liability coverage is also useful alongside risk management across recruitment, screening, training and supervision.
- Event-related risks: Nonprofits that host conferences, conventions or events for fundraising or informational purposes may also want to consider coverage for cancellation and the safety of attendees. It is possible to manage the risks of in-person and virtual events.
- Information risks: Organizations often process sensitive information about supporters and donors. From membership enrollment to donations and renewals, an organization can take measures to reduce the risk of breaches and liability in the event that any information is compromised.
Policies for Santa Barbara Nonprofits
Nonprofits that operate in Santa Barbara County can benefit from custom-built packages of property and liability policies, coverage options, endorsements and riders. HUB brokers work with decision-makers in these organizations to achieve levels of coverage that are sufficient to protect the integrity and aims of nonprofit groups based in Santa Barbara. These are some of the most popular policies for foundations, institutions and organizations in California:
- Property: Buildings that house nonprofits should be insured against damage. Some nonprofit artistic or cultural organizations also hold collections that should be properly valued against damage or loss.
- Liability: Many forms of liability insurance apply to Santa Barbara nonprofits. General, automotive, environmental and professional liability are all reasonable areas in which a not-for-profit organization can maintain coverage.
- Professional: Professional liability coverage protects providers of professional services in the areas of consulting, counselling or healthcare. This type of coverage can apply to errors and omissions.
- Digital: Coverage for a wide variety of digital risks can be beneficial to most nonprofits. These areas of coverage extend from network security and privacy liability to media and multimedia liability, including intellectual property rights.
- International: Organizations that operate in more than one country may need international coverage. A broker can help these organizations find placements on foreign soil and provide the legal duty of care for employees who are working anywhere in the world.
The operating needs of an organization may make one or more types of nonprofit insurance in Santa Barbara beneficial. Stakeholders can also find specialized coverage for certain types of associations or foundations, such as event-related policies and broad or specific liability coverage. From policies to protect employees and the public to coverage for premises or operations, decision-makers can build packages to protect nonprofits under any circumstances.