Nonprofits in Rhode Island need better insurance options.
Nonprofits in Rhode Island have limited options when it comes to securing liability and property insurance.
Why isn’t NIA in Rhode Island?
Although NIA is registered to write liability policies in all 50 states, we are not currently writing polices in this state because no companion property coverage is available. State-based insurance regulation has been unable to resolve this market failure, so NIA is working with Congress to correct this.
In short: Some insurance regulators are more interested in protecting their own turf than seeing nonprofits get the insurance they need at prices that make sense.
Want to be notified if NIA can insure nonprofits in Rhode Island?
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Interested in advocating for more insurance options in Rhode Island?
If you'd like to help nonprofits in Rhode Island get more insurance options, please contact NIA!
Recent happenings from NIA:
Theater Groups: Insurance Explained
Nonprofit theater groups bring the artistic power of live performances to their communities. When it comes to insurance, what’s most important to these organizations? Here’s what some real NIA members had to say.
Zero-Waste Nonprofits: Insurance Explained
Zero-waste nonprofits work to reduce resource consumption and help to keep the planet livable. When it comes to insurance for these kinds of nonprofits, what do they need most? Here’s what some real NIA members had to say.
In Praise of Governor Hochul and How New York’s Congressional Delegation Can Help Small Nonprofits
Peter Andrew, President/CEO of Council Services Plus, praises the actions of New York Governor Hochul, and explains why the Nonprofit Property Protection Act is necessary to help small nonprofits.