How Much Does Nonprofit Insurance Cost?

Get a ballpark estimate for different nonprofit insurances.

Have a brand new nonprofit? Thinking about starting a new nonprofit? Researching and just want an estimate for your budget?

This page provides the minimum annual premium costs at NIA for different types of insurances that nonprofits get.

All ballpark numbers provided on this page are for informational purposes only. Your nonprofit’s insurance quote will most likely differ, because your premium will be entirely defined by your nonprofit’s own level of risk.

A child proudly holds a small fish she caught with a beautiful lake in the background

Insured by NIA:
Big Friend Little Friend of the Mitchell Area
Mitchell, SD

NIA’s minimum annual premiums.

For the most common nonprofit insurance coverages:

Commercial General Liability (CGL):

The minimum annual premium for Commercial General Liability coverage is $550.

There is a $1,500 minimum annual premium for dog fostering organizations.

Full Liquor Liability is included in the General Liability policy at no additional charge.

Directors and Officers Liability (D&O):

The minimum annual premium for Directors and Officers Liability (including Employment Practices Liability) is $1,500 in California, and $1,000 outside of California.

The minimum annual premium for Directors and Officers (excluding Employment Practices Liability) is $600, if you have no employees.

For other nonprofit coverages:

Improper Sexual Conduct & Physical Abuse (ISCPA): $700 minimum annual premium.

Social Service Professional (SSP): California: $800, Outside of California: $500 minimum annual premium.

Business Auto: Owned vehicles rated on the number of units operated by the nonprofit. Nonowned Auto Liability: $200 minimum annual premium, Hired Auto Liability: $50 minimum annual premium.

Businessowners Property: California: $265 minimum annual premium. Outside of California: $300 minimum annual premium.

Participant/Volunteer Accident: $100 minimum annual premium.

Umbrella: $600 minimum annual premium.


Have more questions about the quote and/or application process?  No worries.

There are no additional fees beyond dues. No membership fees. No handling fees. No interest fees. No taxes.

Every policy is eligible for a payment plan upon request. A 25% down payment is required, after which NIA can split up the rest of your payments over the next 9-10 months.

Once you’ve submitted a complete application for coverage through a licensed insurance broker, it can take seven days or more to receive a quote. Here’s why:

In coordination with your broker, you’ll be asked to complete a thorough application which inquires about your size, your operations, and key factors — like whether or not you have volunteers, host events, or serve children or the elderly.

This information will be included in the application submitted by the broker to NIA.

The NIA team must then review, analyze, and price the risk presented by your operations. You’ll receive an email from NIA letting you know that teams are working on a quote.

When the quote is complete, your broker will retrieve it from NIA’s secure website, and review its terms and conditions with you.

Nonprofits Insurance Alliance (NIA) provides coverage to 501(c)(3) nonprofits exclusively through licensed insurance brokers.

Brokers serve as an independent and beneficial guide for nonprofits, providing valuable recommendations and helping them navigate the more complex areas of insurance and find the right coverage for their needs.

Learn more about insurance brokers at the Nonprofits Insurance 101 page.