How Cobos Insurance Helps Protect Ohio Non-Profits
Our motto on non-profit insurance is “helping you, so you can help others.” We believe that we are one of the best to do this because of the way we truly care about each individual non-profit that we provide coverage for. We work with you and your non-profit to determine what you need and to come up with a plan to help your non-profit succeed and stay protected, no matter what may come up.
In order to understand how cobos insurance helps protect Ohio non-profits, it is important to know why your nonprofit needs insurance. We provide many different types of Ohio Non-Profit insurance coverages including property insurance, cyber liability insurance, auto insurance, crime coverage, worker’s compensation or accident insurance, general liability insurance, professional liability insurance, directors and officers insurance, and more. By learning more about what each type of coverage does, you’ll have a better understanding of how Cobos Insurance helps protect the Ohio non-profits that we work with.
Cyber Liability Insurance:
In today’s environment, everything is digital. Your non-profit likely keeps a lot of its information on computers and online. From payroll information to online payments or donations, most non-profits and companies in general have most of their information and do most of their business online. As convenient as this is, it can lead to huge cyber liability risks. People today are easily able to hack into things and to access and exploit private information. With cyber hacking happening so often, it is important to have this coverage in place for your non-profit.
If your non-profit has any physical property, this is vital and it is one very important way in which cobos insurance helps protect Ohio non-profits. From fires to theft, your property is likely very important to your non-profit and to how it functions. Something like a theft or a fire could take your non-profit out for a short while or maybe even forever if you do not have the proper coverage in order to get back on your feet.
General Liability Insurance:
General liability insurance is the umbrella policy that every non-profit needs. This policy offers different types of coverage, from body injury claims to copyright infringement. This means that if your nonprofit is sued because of someone being injured by your product, etc., this policy will make sure that your nonprofit is protected. By having this coverage in place, your nonprofit doesn’t have to worry about going under due to a lawsuit. This is one of the most important nonprofit coverages that we offer because it does multiple things and offers multiple protections in one policy. This coverage plays a big part in understanding how cobos insurance helps protect Ohio non-profits.
Directors and Officers Insurance:
Directors and officers insurance is self explanatory, as it protects the directors and officers in your company. If one of the directors or officers at your non-profit were to make a mistake with money or invest in something that turned out to be a big loss, this policy would protect the directors and officers as individuals. This could also include things like criminal investigations. So how does this play into how cobos insurance helps protect Ohio non-profits? Regardless of the situation your directors or officers are in, having this policy in place gives the people that are higher up and a vital part of your company that feeling of safety, knowing that the owners of the non-profit they work at care about them and have policies in place to ensure their safety. This allows them to work more efficiently and have less to worry about.
Worker’s Compensation or Accident Insurance:
This coverage is another big part of how cobos insurance helps protect Ohio non-profits. Employees can make or break a company, which is why it is so important to make sure that they are properly protected. Not only that, but you also want to look into this coverage to protect your non-profit, as well. If one of your employees gets injured on the job, your non-profit could end up having to pay legal fees, medical bills, you name it. If you have proper worker’s compensation or accident insurance in place, then you won’t have to worry about all of the unnecessary lawsuits and medical bills.
Listen up, anyone whose non-profit has a vehicle… you definitely want to make sure you keep all company vehicles protected. The last thing that you would want to happen is an accident involving an employee and a company car. Medical bills, car repair costs, and more could cost your non-profit a lot. Having this coverage in place will save you time, money, and a headache.
As much as we all would like to think that our employees are great and would never do anything wrong, the truth is that sometimes they do. One example of this could be theft. In cases where an employee were to steal a large amount of money, you would definitely be grateful for this coverage that would essentially save your business. The reason that we bring this up in an article about how cobos insurance helps protect Ohio non-profits is because crime can be a huge problem within nonprofits, especially those that deal with large sums of money.
These are some of the many options we have here at Cobos Insurance to fit your nonprofit's needs. It is important to keep in mind that we have other options as well and that the best next step would be to get in touch with us and talk about what your non-profit needs specifically.