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:
SB 29 (Laird) extends a COVID-era policy allowing extra-large payouts in personal injury suits. Attorneys will get richer at the expense of nonprofits.
Community Action Programs: Insurance Explained
Nonprofit community action programs work hard to support the people in their communities — so how can their insurance providers support them? Here’s what some real NIA members had to say.
From the Claims Files: Vandalism & Malicious Mischief
Thieves and vandals don’t want to work hard. Making your nonprofit a “high-risk, low-reward” target is one of the best ways to protect your property.