Why Some Foundations Are Being Nonrenewed
Foundations have long been considered stable, low-risk organizations. For decades, commercial insurance companies have offered them coverage without hesitation.
That pattern is changing.
Some foundations engaged in voter education and access, as well as work to level the playing field for marginalized communities, are now being nonrenewed by commercial carriers for their involvement in supporting the democratic process. Commercial carriers nonrenew or decline to quote because of concerns about “democracy programs” or potential for “political involvement” when organizations support civil justice or public participation.
NIA’s Approach to Insuring Foundations
NIA insures mission-driven organizations that strengthen communities, including foundations with programs that support civic engagement, community voice, and public participation. This includes organizations that provide grants, research, education, and community support that help people understand and participate in the systems that shape their lives.
NIA evaluates each foundation based on its actual operations and risk profile. Decisions are not made based on program labels or broad categories. The focus is on real exposures, real work, and the real value these organizations bring to their communities.
Stable Insurance Matters for Civic Engagement Work
Foundations that support civic engagement, democracy education, or community participation deserve access to reliable, mission-aligned insurance. While NIA is not able to guarantee coverage to any specific foundation, NIA is committed to providing overall stability to this important sector so these organizations can continue their work without interruption.
What to Do If Your Foundation Faces a Nonrenewal
If a foundation has been nonrenewed or is facing new insurance challenges, insurance brokers should reach out to NIA. NIA’s mission is to keep nonprofits covered so they can keep serving their communities.
Get a Quote
If a foundation has been nonrenewed or is facing new insurance challenges, give NIA a try. Get a quote.
Benefits of Choosing NIA for Your Foundation’s Insurance
When nonprofits find themselves suddenly dropped by their existing commercial insurance carrier, it’s a crushingly stressful experience — to the nonprofits and the communities that count on them.
But this is often when nonprofits discover Nonprofits Insurance Alliance (NIA).
Learn more about the benefits of choosing NIA for your nonprofit’s insurance.
Summary
- Foundations with democracy or civic engagement programs are facing new insurance challenges, even though their operations remain stable and low risk.
- Commercial carriers are reducing coverage or issuing nonrenewals, which leaves essential community programs without the protection they need.
- NIA continues to insure these organizations because they are core to a healthy nonprofit ecosystem, and their work supports community resilience and public trust.
