The Specialty Community Service Organizations Insurance Guide
Community Service Organizations Insurance. This guide provides information on excess, surplus and specialty lines small business insurance policies and risks.
Here you can find basic descriptions of the specific industry risks or specialty coverage types available for Community Service Organizations Insurance.
For certain types of small businesses, particularly new ones - it is often very hard to know what types of commercial insurance is needed, what the risks are that should be covered - and where to find coverage.
We wanted to provide reference for specialty commercial insurance to help our readers get a better understanding of Community Service Organizations Insurance policies they might need to do business.
Learn about Specialty Community Service Organizations Insurance to better understand common risks, exposures and the types of commercial insurance coverage available to protect your small business and it's operations.
Community Service Organizations Insurance Types
Click on the links below to learn more about Specialty Community Service Organizations Insurance types and coverages:
- Alcohol And Drug Rehabilitation Centers Liability Insurance
- Ambulance Service Malpractice Insurance
- Animal Rescue Organizations Insurance
- Battered Persons Facilities Insurance
- Community Service Agencies Insurance
- Developmental Disabilities Facilities Insurance
- Emergency Service Organizations Insurance
- Firefighters Accident, Death And Disability Insurance
- Halfway House Insurance
- Home Health Care Agencies Insurance
- Nonprofit Organization Insurance
- Outpatient Clinic Insurance
- Social Services Agencies Insurance
- Youth Group Homes Insurance
- Youth Outreach Programs Insurance
What Is Alcohol And Drug Rehabilitation Centers Liability Insurance?
Rehabilitation centers for drug and alcohol abusers provide life-changing services for individuals. The service may be required as part of a court-ordered incarceration program. The service is also available to individuals who recognize addiction concerns and voluntarily enter into a treatment program. Services are provided on both an outpatient and inpatient basis. Many offer intensive in-patient services combined with outpatient follow - up services. Professional liability insurance on these establishments protects the agency or sponsoring organization and the professionals who actually provide the services. This coverage is usually combined with commercial general liability coverage and may be packaged with other needed coverages.
What Is Ambulance Service Malpractice Insurance?
Professional liability coverage for ambulance drivers and attendants is difficult to place through standard insurance markets. Several specialty carriers have developed insurance programs that cover drivers and attendants who work in community rescue squads and ambulance services connected with volunteer fire departments. Coverage extends to both employees and volunteers. Program coverage is also available to individual employees who work for professional ambulance companies. This coverage responds to bodily injury, mental distress, and/or death of any patient that are allegedly caused by an error, omission, or negligence in providing professional services.
What Type Of Insurance Do Animal Rescue Organizations Need?
Animal lovers band together in groups to help animals that may otherwise have to be euthanized. Activities include locating the animal through contacts with municipal and county animal shelters, arranging to transport it from the shelter to the organization, and finding appropriate foster care. Other activities include evaluating temperament, basic training, and health care including treating heartworm, spay and neuter. The organization then matches the animal with an adopter for a fee. The fee is to pay the organization's expenses. The organization also accepts donations. Groups are species specific. Dog rescue organizations are often breed-specific. These organizations are volunteer operations with limited property exposures but with significant general liability, employee dishonesty, and directors and officer's exposures. There is an automobile exposure if the organization owns autos used to transport animals. There are also non-ownership exposures when volunteers transport animals on the organization's behalf.
What Type Of Insurance Do Battered Persons Facilities Need?
These facilities offer shelter to people who are abused or battered by their spouses or significant others. Many provide respite care and provide safe housing for the victim and any children as they transition to more permanent arrangements and solutions. These shelters require extra security for the safety of residents. Their primary function is to provide lodging and board but most offer a variety of treatment services to help residents. Professional liability coverage similar to that provided to social workers may also be needed.
What Type Of Insurance Do Community Service Agencies Need?
Coverage is available for nonprofit community service agencies and organizations, such as senior citizens community centers, home visitation services, youth centers, and neighborhood centers. Coverages provided usually include property, casualty, and professional liability coverages.
What Type Of Insurance Do Developmental Disabilities Facilities Need?
There are facilities for individuals who have developmental and mental health disabilities throughout the country. Insurance programs for these facilities provide liability coverages, including professional liability coverage for employed psychologists, social workers, nurses, and staff members. Facilities covered include group homes, halfway houses, sheltered workshops, and schools.
What Type Of Insurance Do Emergency Service Organizations Need?
Organizations that provide pre-hospital care, such as public and private ambulance services, fire departments, first-aid teams, rescue squads, and first responders are eligible for coverage under specialty programs. Such programs provide professional liability, auto liability, auto physical damage, inland marine, commercial general liability, umbrella liability, directors and officers liability, workers compensation, and employers' liability coverages. Coverage on real and personal property and group hospitalization and accidental death and dismemberment/medical expense coverage/disability income coverage for volunteers is also available.
What Is Firefighters Accident, Death And Disability Insurance?
Firefighters face hazards and exposures that require special accident and health policies. Policies are available that compensate for accidental death, dismemberment, permanent disability, and certain specified diseases. Members of fire departments who respond to fire alarms or perform other firefighting duties are usually eligible for these coverages. Some insurers offer premium discounts for associations of fire departments. Emergency Medical Technicians (EMT) that are part of the fire department may also be eligible for these insurance benefits.
What Type Of Insurance Do Halfway Houses Need?
Halfway houses are typically operated by nonprofit agencies or community service organizations. Both property and general liability coverage is available. Examples of such houses include drug and alcohol rehabilitation facilities; battered women and abused children shelters; and re-entry environments for recently released convicts. Professional liability coverage is also available. The clientele served and the services provided will determine acceptability and pricing.
What Type Of Insurance Do Home Health Care Agencies Need?
Insurance programs for home health care agencies are available to hospitals, social service associations, and labor unions as well as independent home healthcare agencies. Coverages provided will include general liability, personal injury liability, non-owned auto liability, and professional liability. Insured persons include registered nurses (RNs), licensed practical nurses (LPNs), aides, physical and occupational therapists, and others.
What Type Of Insurance Do Nonprofit Organizations Need?
There are over 1.6 million nonprofits in the United States and the number grows by 5% each year. These organizations have a unique needs that standard commercial lines coverage forms and commercial lines underwriting often do not properly address. Coverage needs to include: property, general liability, professional liability, abuse & molestation, automotive liability, workers comp, accident & health, directors & officers liability, employment practices liability, and special events liability.
What Type Of Insurance Do Outpatient Clinics Need?
This professional liability coverage applies to various types of outpatient clinics and protects them against liability that arises from injury due to their negligent acts, errors, or omissions in the treatment, counseling, or other professional services they provide to outpatients. At one time, outpatient surgery clinics handled only simple surgeries. They have now expanded to handle any type of surgery where patients are not required to stay the night. Other types of clinics include birth control and family planning, adult and child guidance services, substance abuse counseling, sports medicine and care, mental health, speech and audiology, and heart and stress clinics.
What Type Of Insurance Do Social Services Agencies Need?
Coverage for the professional liability exposures of social services agencies may be insured under a professional liability program specifically designed for their needs. The coverage's major emphasis is on professional services rendered by the insured agency and its employees in individual, family, or group therapy, interview, or counseling sessions. Limited medical malpractice coverage is provided when employed psychiatrists on the staff desire such coverage. Agencies eligible for the program include drug and alcoholism rehabilitation centers, state or federal social service referral agencies, community service agencies, agencies involved with individual and family therapy, domestic counseling, and group therapy, child guidance clinics, and agencies that treat developmentally challenged, autistic, and psychotic children.
What Type Of Insurance Do Youth Group Homes Need?
Youth group homes are residences that serve young persons up to age 19. In addition to providing housing, they provide services such as pregnancy prevention counseling for adolescents, counseling for children with AIDS/HIV, group counseling, individual or family counseling, drug and alcohol treatment, and job training. Some also provide related services such as child adoption, day care, emergency shelter, and family crisis intervention. This classification does not include detention facilities. Abuse and molestation coverage is usually subject to sub-limits of insurance.
What Type Of Insurance Do Youth Outreach Programs Need?
Property and liability insurance coverage is available for buildings and equipment used in urban neighborhood centers for youth. Activities may include recreation, counseling, tutoring, and social events. These are not residential facilities and do not usually provide individualized drug and alcohol treatment and counseling. The coverage provided applies to the sponsoring nonprofit organization and its employee workers and volunteers.
Community Service Organizations Insurance - The Bottom Line
We hope that the Community Service Organizations Insurance helps you to better understand the some of the specialty small business commercial insurance policies available for your business. To find out what types of coverage your unique business needs, speak to a professional commercial broker with experience in insuring businesses like yours.
Specialty Small Business Insurance Guide By Industry, Risk Or Policy Type
- Accident And Sickness / AD&D
- Aircraft And Airports
- Amusement Parks And Rides
- Animals And Birds
- Arts And Antiques
- Auctions And Farmers Markets
- Automobiles, Trucks And Recreational Vehicles
- Business Risks
- Clubs And Leisure Time Activities
- Community Service Organizations
- Dealers And Distributors
- Directors And Officers Liability
- Drugs And Alcohol
- Employee Protection
- Environmental Risks
- Errors And Omissions
- Farm Risks
- Financial Institutions And Services
- Firearm And Shooting
- Food And Restaurants
- Hazardous Materials
- Health Risks
- Hotels And Motels
- Inland Marine
- Insurance Services
- Machinery And Tools
- Medical Centers And Clinics
- Medical Malpractice
- Mobile And Modular Homes
- Motorcycle Risks
- Natural Disasters
- Nonprofit Agencies
- Oil And Chemical
- Physical Damage
- Prize Indemnification
- Product Liability
- Real Estate
- Retail Stores
- Schools And Education
- Security Risks And Equipment
- Service Businesses
- Sports And Hobbies
- Substandard Risks
- Weather Related
- Workers Comp
Types Of Small Business Insurance - Requirements & Regulations
Perhaps you have the next great idea for a product or service that you know will appeal to your local area. If you've got a business, you've got risks. Unexpected events and lawsuits can wipe out a business quickly, wasting all the time and money you've invested.
Operating a business is challenging enough without having to worry about suffering a significant financial loss due to unforeseen and unplanned circumstances. Small business insurance can protect your company from some of the more common losses experienced by business owners, such as property damage, business interruption, theft, liability, and employee injury.
Purchasing the appropriate commercial insurance coverage can make the difference between going out of business after a loss or recovering with minimal business interruption and financial impairment to your company's operations.
Insurance is so important to proper business function that both federal governments and state governments require companies to carry certain types. Thus, being properly insured also helps you protect your company by protecting it from government fines and penalties.
Small Business Insurance Information
In the business world, there are many risks faced by company's every day. The best way that business owners can protect themselves from these perils is by carrying the right insurance coverage.
The The National Association of Insurance Commissioners (NAIC) is the U.S. standard-setting and regulatory support organization. Through the NAIC, state insurance regulators establish standards and best practices, conduct peer review, and coordinate their regulatory oversight.
Commercial insurance is particularly important for small business owners, as they stand to lose a lot more. Should a situation arise - a lawsuit, property damage, theft, etc. - small business owners could end up facing serious financial turmoil.
According to the SBA, having the right insurance plan in place can help you avoid major pitfalls. Your business insurance should offer coverage for all of your assets. It should also include liability and casual coverage.
Types Of Small Business Insurance
Choosing the right type of coverage is absolutely vital. You've got plenty of options. Some you'll need. Some you won't. You should know what's available. Once you look over your options you'll need to conduct a thorough risk assessment. As you evaluate each type of insurance, ask yourself:
- What type of business am I running?
- What are common risks associated with this industry?
- Does this type of insurance cover a situation that could feasibly arise during the normal course of doing business?
- Does my state require me to carry this type of insurance?
- Does my lender or do any of my investors require me to carry this type of policy?
A licensed insurance agent or broker in your state can help you determine what kinds of coverages are prudent for your business types. If you find one licensed to sell multiple policies from multiple companies (independent agents) that person can often help you get the best insurance rates, too. Following is some information on some of the most common small business insurance policies:
|Business Insurance Policy Type||What Is Covered?|
|General Liability Insurance||What is covered under commercial general liability insurance? It steps in to pay claims when you lose a lawsuit with an injured customer, employee, or vendor. The injury could be physical, or it could be a financial loss based on advertising practices.|
|Workers Compensation Insurance||What is covered under workers compensation insurance? This type of insurance protects a business and its owner(s) from claims by employees who suffer a work-related injury, illness or disease. Workers comp typically provides the injured employee with benefits to cover medical expenses, a portion of his/her lost wages, rehabilitation costs if applicable, and permanent partial or permanent total disability.|
|Product Liability Insurance||What is covered under product liability insurance? I pays an injured party's settlement or lawsuit claim arising from a defective product. These are usually caused by design defects, manufacturing defects, or a failure to provide adequate warning or instructions as to how to safely use the product.|
|Commercial Property Insurance||What is covered under business property insurance? General liability policies don't cover damages to your business property. That's what commercial property insurance is for. It protects all of the physical parts of your business: your building, your inventory, and your equipment, giving you the funds you need to replace them in the event of a disaster. If you work from home, you might consider a Home Based Business Insurance policy instead.|
|Business Owners Policy (BOP)||What is covered under a business owners policy (BOP)? This is a policy designed for small, low-risk businesses. It simplifies the basic insurance purchase process by combining general liability policies with business income and commercial property insurance.|
|Commercial Auto Insurance||What is covered under business auto insurance? This type of insurance covers automobiles being used for business purposes. This could include a fleet of business-only vehicles or a single company car. In some cases it might cover your car or your employee's car while they're being used for business. These policies have much higher limits, ensuring you can cover your costs if one of these vehicles gets into an accident.|
|Commercial Umbrella Policies||What is covered under commercial umbrella insurance? This type of policy is a sort of "gap" insurance. It covers your liability in the event that a court verdict or settlement exceeds your general liability policy limits.|
|Liquor Liability Insurance||What is covered under liquor liability insurance? It covers bodily injury or property damage caused by an intoxicated person who was served liquor by the policy holder.|
|Professional Liability (Errors & Omissions)||What is covered under professional liability insurance? This type of business insurance is also known as malpractice oe E&O. It covers the damages that can arise from major mistakes, especially in high-stakes professions where mistakes can be devastating.|
|Surety Bond||What is covered under surety bonds? Bonding is a contract where one party, the SURETY (who assures the obligee that the principal can perform the task), guarantees the performance of certain obligations of a second party, the PRINCIPAL (the contractor or business who will perform the contractual obligation), to a third party, the OBLIGEE (the project owner who is the recipient of an obligation).|
Who Needs General Liability Insurance? - Virtually every business. A single lawsuit or settlement could bankrupt your business five times over. You might also need this policy to win business. Many companies and government agencies won't do business with your company until you can produce proof that you've obtained one of these policies.
Business Insurance Required by Law
If you have any employees most states will require you to carry worker's compensation and unemployment insurance. Some states require you to insure yourself even if you are the only employee working in the business.
Your insurance agent can help you check applicable state laws so you can bring your business into compliance.
Other Types Of Small Business Insurance
There are dozens of other, more specialized forms of small business insurance capable of covering specific problems and risks. These forms of insurance include:
- Business Interruption Insurance
- Commercial Flood Insurance
- Contractor's Insurance
- Cyber Liability
- Data Breach
- Directors and Officers
- Employment Practices Liability
- Environmental or Pollution Liability
- Management Liability
- Sexual Misconduct Liability
Whether you need any or all of these policies will depend on the results of your risk assessment. For example, you probably don't need an environmental or pollution policy if you're running an IT company out of a leased office, but you would need data breach and cyber liability policies to fully protect your business.
Also learn about small business insurance requirements for general liability, business property, commercial auto & workers compensation including small business commercial insurance costs. Call us (855) 767-7828.