To protect your employees, you need insurance. Insurance for nonprofits can be expensive, or it may not offer the required coverage.

Finding the right type of insurance for a nonprofit depends on several factors. Professionals unfamiliar with nonprofits may misunderstand the unique needs of them. To find the right insurance for your nonprofit, use this guide.

What Type of Insurance Does My Nonprofit Need?

Choosing the correct insurance for nonprofits is challenging. Some insurance groups claim to offer the specialized expertise you require. Few are well-versed in your organization's custom needs.

The type of insurance needed for your nonprofit varies by your organization's size and industry. You may need protection for your employees, as well as the organization itself. This means exploring specialized coverage options.

Working with an insurance professional is the best way to determine the type of insurance for your nonprofit. Learning about the following types of insurance can help you. Then, you can comfortably speak with a qualified insurance agent.

Liability Insurance

As a small business, your nonprofit has unique needs for liability coverage. Below are some of the specific types of liability insurance available for nonprofits.

Directors and Officers/Employment Practices Liability

Executive directors and officers (also known as D&O) need management liability coverage. These often accompany coverage for employee practices, too. This type of insurance is most common for nonprofit policies.

D&O and employment practice liability covers wrongful acts. Wrongful acts include neglect of fiduciary commitments, discrimination, or sexual harassment.

Watch out for possible exclusions to this type of liability coverage. Certain insurance packages only cover certain wrongful acts.

Cyber Liability

Cyber liability insurance covers nonprofits for cybersecurity needs. Data breaches are more and more common every day.

These breaches can leak valuable data for employees and clients. Data leaks put donor information at risk, too. This type of insurance coverage is more essential than ever to protect nonprofits.

General Liability

General liability insurance covers bodily injury or property damage claims. It also includes professional and abuse and molestation liability. Think of general liability as broader in coverage than D&O and employment practices liability insurance.

You need professional liability coverage when offering specific services. These can include counseling, mentorship, education, case managing, and more.

Abuse and molestation liability covers claims for accusations from employees, volunteers, and contractors. This specialized coverage works best for nonprofits serving youth, seniors, or members of disadvantaged groups.

Workers Compensation

Workers comp or accident insurance protects your people the most. Where employee practice liability protects the organization, this helps your employees. To help with one of the most common claims against nonprofits, explore this type of insurance coverage.

A unique nonprofit extension of workers comp is volunteer accident insurance. This includes coverage for minor injuries, too. It often falls under a general liability policy, which may exclude volunteers.

Crime Coverage

This type of insurance covers employee dishonesty and criminal behavior. If nonprofit employees steal funds, this policy covers these instances of fraud.

If donated funds were taken, crime coverage protects those funds. This is the only way to replace stolen funds. To maintain donors' trust and gifts, you should invest in crime coverage.

This type of risk management policy communicates to donors how seriously you take their investment. Even if a criminal act never occurs, this is the best way to protect your nonprofit organization.

Auto Insurance

Auto insurance policies for nonprofits cover rented and non-owned vehicles. If your organization operates a commercial vehicle (e.g., uses a logo, transports volunteers), you need commercial coverage.

Non-owned auto insurance covers minor claims. Use this when renting vehicles, running errands, or transporting clients.

Depending on the level of transportation used by your nonprofit, you may need more or less coverage. Consult an expert risk advisor to determine the level of coverage required.

Property Insurance

Property insurance is often overlooked when managing risks for a nonprofit. If your nonprofit organization owns any valuable business property, insure it. Consult an expert risk advisor to determine your specific property insurance needs.

How Common Are Claims Against Nonprofits?

Most often, employees file lawsuits against nonprofits over salary or benefits. Otherwise, common claims against nonprofits occur with abuse or harassment claims from volunteers.

D&O claims are common, too. When former employees claim wrongful termination or discrimination by directors and officers, a D&O claim occurs. This often happens with disgruntled employees.

Protecting against these claims means choosing the right type of insurance policy. Read the fine print. You don't need policies that exclude the unique needs of your nonprofit organization.

Missing legal language is another common mistake. Overlooking policy exclusions is common, too. It's easy to misinterpret jargon that defines whether a policy offers comprehensive coverage or not.

The best way to avoid misunderstanding policy coverage is to consult a qualified professional. Consulting an expert is one of the best ways to manage potential risks for your nonprofit organization.

Where to Find Quality, Affordable Coverage for Your Nonprofit

You want to select the right type of insurance for your nonprofit. This means working with a nonprofit risk advisor who understands your needs.

You want to work with an insurance agent who helps you navigate new risks. As you grow, you also want to limit unnecessary insurance expenses.

Work with the Hummel Group to avoid costly insurance claims and remove potential nightmare PR scenarios. We've got you and your people covered. We help increase safety, reduce liabilities, and provide health coverage and benefits for your team.

Contact us today for a free risk assessment. Let's get started exploring your custom risk management needs.

Across the globe, the lumber industry is continuing to expand at rapid speeds as it's set to expand its market size to over $97 billion in 2020. With this industry continuing to boom, the need for qualified business owners and employees is continuing to grow as well. If you're new to the industry or are looking to improve your company, you may be considering what logging and lumbering insurance to get. 

The truth is, there's no one answer as to which logging and lumbering insurance are the best. Many things should be considered when pondering which logging and lumbering insurance are right for your company! 

7 Things to Consider When Choosing Logging and Lumbering Insurance 

If you're curious as to which insurance is right for you, check out the top 7 things to consider when choosing logging and lumbering insurance. 

1. Most Common Risks for Your Business

One of the biggest things to consider when looking for the perfect insurance is the type of risk your business may face. What risks will your employees or visitors encounter on the worksite? What are the risks of transporting lumber?

These are some of the most important questions to ask yourself when assessing risks or your business. Always take time to assess your companies personal needs which may be different from other companies in the industry. Remember, your business is unique, thus your insurance needs may also be unique! 

2.Pricing

One of the best and worst things about the insurance industry is the wide range of pricing. While this range usually means that customers can get a great deal, it also means that a bit of research must be done first. Do your due diligence and compare several options before finding the right price for you.

3. Overall Value for Money 

Another thing to consider when looking at the price of your insurance is if the premiums and deductibles are actually worth the overall coverage.  Some insurance companies may boast low premiums or deductibles but leave you with lackluster coverage.

Other companies may charge premiums and deductibles that are completely unreasonable and only offer minimal coverage in return. Paying attention to the numbers and taking the time to research now, can save you both time and money in the long run. 

4. Choosing the Right Insurance Company

One of the most daunting tasks when it comes to choosing the right insurance is picking the best insurance company. You'll want a company that is reputable and offers high-quality services. You'll also want to ensure that your insurance company is highly communicative and ready to handle any questions or concerns you may have. 

A great insurance company is one that takes the time to get to know you and your business. They'll also make you feel more comfortable knowing your business is protected by high-quality insurance. 

5. Choosing the Right Type of Insurance Coverage 

There are a variety of different types of insurances to choose from. Knowing types of insurance your company may need can be a hassle. These are the top 5 types of insurance used for lumbering and logging companies:

General Liability 

Imagine that a customer visits your worksite and happens to trip and injure themselves on a piece of wood. If the customer should need any medical treatment or decides to sue, general liability insurance would cover this. Other instances that general liability insurance would cover can include any damagers from delivery or offsite work. 

Property Insurance 

Property insurance is absolutely vital for every logging and lumbering company. You've made major investments to ensure that your company has top tier equipment and materials, you'll want to protect these with property insurance. Property insurance would cover the repair and replacement of any company property damages by an accident. 

Flood Insurance 

As the name would suggest, flood insurance protects against any company damages incurred during a flood. This type of insurance is usually not included in other packages and must be added on as an additional insurance package. 

Commercial Auto Insurance 

If you're in the business of transporting lumber, this type of insurance is definitely for you. As a company that owns vehicles, you'll want to ensure that you have the proper insurance to protect your drivers and vehicles. 

Like traditional auto insurance, commercial auto insurance protects company drivers from accident liability and also covers any vehicle damages due to accidents. 

Umbrella Insurance 

This type of insurance covers a variety of odds and ends that your combined other policies may not cover. This insurance can vary greatly on a case by case basis. It's recommended that policyholders speak to their insurance agent directly to see what their umbrella insurance policy covers. 

6. Number of Insured Employees and Size of Company 

Another thing to consider when purchasing logging and lumbering insurance is the size of your company and the number of employees you'll be ensuring. Some companies have special rates for ensuring a specific number of employees. Companies may also offer premium rates if you decide to prepay instead of paying monthly. 

7. The Best Time to Purchase Insurance 

Whether you've been in the industry for decades or are starting a new lumbering company entirely, you may wonder what the best time is to purchase insurance. The best time to purchase insurance is sooner than later! You never know when an accident will happen, having coverage as soon as possible can help keep both you and your company safe.

Ready to Invest in Logging and Lumbering Insurance? 

It's important to remember that these are just 7 of the many factors that go into picking your logging and lumbering insurance. Such a major decision, which could affect the livelihood of your employees and business, should not be taken lightly. 

If you're looking for top their insurance and personalized advice on what kind of coverage is right for you, look no further than the Hummel Group. If you're ready to begin the first step to getting great coverage for your business, get a quote today! 

Did you know that the sawmill was invented on December 15th, 1593?

Since then, sawmills have played an essential part in the booming of the wood product industry.

As technology has continued to evolve, portable sawmills found today are comprised of unique machines and automated systems that make it easier to prepare logs. Even if you're the owner of a portable sawmill, many events can take place that can damage your business process, your employees, and your equipment.

That's why it's so important for you to invest in portable sawmill insurance.

Are you interested in learning about why you need to invest in insurance for your portable sawmill? We have created this complete guide to help you get a thorough understanding. Keep reading to learn more!

Why Do You Need to Have Insurance for Portable Sawmills?

As a business that works with wood and lumber that comes in various sizes and shapes, you're exposed to many risks. No matter if you're working with wood that comes from lumber yards, furniture manufacturers, loggers, or building material manufacturers, your job is presented with unique risks that not many other industries face.

Even if you only operate your portable sawmill a few times a day, the environment that you're operating in is filled with dangers. Some of the dangers include electrical components, machinery that can malfunction at any time, raw materials that are highly flammable, slippery surfaces to walk on, and other various dangers that can greatly impact your business' ability to operate.

There are a lot of portable sawmills that don't have any insurance. Sawmills are considered to be a risk for many insurance companies to insure. This is because of the many risks that are associated with this line of work. Also, not many insurance companies in the world have the expertise that is needed to support having portable sawmill insurance.

That's why it's so important for you to find an insurance company. The insurance company should be willing to provide you with portable sawmill insurance. They should also be familiar with specialized coverage that your business needs.

Types of Insurance Policies Your Company Needs

There are several different types of liability insurance that you can invest in for your company to keep yourself and your company protected from lawsuits.

The purpose behind liability insurance is to protect your company from liability if there was ever any sort of property damage or injury that occurs. Depending on the size of your company, an insurance company may be able to provide you with a customized insurance policy that addresses all of the risks that your business faces.

Some of the types of liability insurance policies that your company May benefit from include:

• Commercial general liability insurance
• Product liability insurance
• Commercial auto insurance
• Pollution liability insurance

A trained insurance agent will go over each of these types of liability insurance and provide you with information on which type of policy may be the best option for your company.

Commercial General Liability Insurance

Commercial general liability insurance will keep your company protected from any liability claims that are filed by:

• Contractors
• Customers
• General public
• Delivery people

Commercial general liability insurance will also keep your company protected from the costs of any lawsuits that go to court. Generally, this type of insurance will be used in an instance where someone is injured on your property or if there is any property damage that occurs when someone is on your business property.

A commercial general liability insurance policy will cover any court costs, judgments, court-ordered settlements, and a legal defense team's cost.

Product Liability Insurance

Product liability insurance will keep your business protected in the instance of any defective products. A customer or contractor can sue you if the wood that you are producing is defective and causes an injury to a bystander, the person using the wood, or an investor in the wood.

Depending on the insurance policy that your company has, some of the costs that product liability insurance covers will cover under your commercial general liability insurance. However, you can also invest in product liability insurance for additional coverage to protect your business.

Commercial Auto Insurance

Commercial Auto Insurance is necessary if your business owns or operates any type of vehicle. For example, if you use lodging trucks to transport any materials to customers or from a location, you need commercial auto insurance.

Commercial auto insurance will financially protect your company if there is an accident that occurs or if your company a vehicle damages any property. This type of auto insurance will protect your company from the costs of any vehicle damage, medical bills, bodily injury liability claims, property damage, and the costs of hiring a legal defense team.

Pollution Liability Insurance

If your company produces any hazardous waste, pollution liability insurance will cover the costs that come from any liability claims.

How to Find Sawmill Insurance

Finding insurance for your company may be difficult. As we've mentioned above, there are unique risks that come with running a sawmill. The type of insurance coverage needed will significantly vary depending on several factors.

Some of the factors that will impact your insurance include:

• The value and the type of equipment you own
• The location and the size of the building you own
• How many employees you have
• What type of operation your business is
• If your company owns any vehicles

We recommend that you work with an independent insurance company so that you can find the right type of coverage for your insurance. Always be sure to do your research and gather multiple quotes from different insurance companies. This will give you an idea of the average insurance rate and how much it should be paying to keep your business protected each month.

Understanding Why You Need Portable Sawmill Insurance

Having portable sawmill insurance will keep your business protected from all sorts of unforeseen circumstances and events.

Now that you have a solid understanding of why you need insurance for your portable sawmills, it's time for you to purchase a policy. Finding the right insurance company to keep your business protected can seem overwhelming, but we're here to help you.

Click here to contact us today to learn what coverage options we can provide your business with.

There are between 15,000 and 19,000 medical malpractice cases that occur each year. Making it crucial that you have the best medical malpractice insurance to cover your business.

If you're not sure why you need liability insurance for your business, you've come to the right place. We're going to provide reasons that are going to convince you that you're better off with the insurance than if you didn't have it all.

Continue reading for everything that you need to know.

1. Mistakes Happen Everyday

We are all human, and there are going to be times when you make mistakes. Although you didn't mean to make mistakes doesn't mean you shouldn't take responsibility for the mistakes that you've made.

This is where having the insurance will come into play. When you make a mistake as long as it was an accident and wasn't a result of medical negligence, the accident will be covered by your insurance.

Even though accidents do happen, it's crucial that you are careful and don't make these mistakes. You never know when one of your mistakes will cause a patient to become severely injured, or it may even cost the patient their life.

If a death does occur, you'd be facing a wrongful death suit, which can be detrimental to your business.

2. Protects Your Reputation

When you first started your business, you realized that to build a strong client base and reputation, you had to work hard. When you have a medical malpractice suit brought against you, it can ruin the reputation that you've worked hard for in the blink of an eye.

This brings us to our next reason as to why you want to have this type of insurance. Having this insurance shows that you're going to do what it takes to protect all of the hard work you've put into achieving your company's reputation.

It also shows clients that you're going to do what it takes to right potential wrongs that have happened to those that are in your care.

3. Protects Company Income

When you don't have insurance to cover medical malpractice issues, you will find that you've got to use company income to cover legal expenses. The cost of legal expenses can be expensive, especially if you lose the case.

When you have insurance coverage, it can cover the wages you lose when dealing with a suite. Coverage of lost wages will give you the ability to continue taking care of yourself and your family.

It may also help to cover some of your legal expenses.

4. Privacy Breach

In the healthcare industry, some strict guidelines and laws have to be followed when it comes to handling patient information. Your patients trust you to handle the data they provide you with carefully and not breach their privacy.

Although not covered by a medical malpractice policy, if you find that one of your client's data has been breached due to cyber attacks or any other form of attack, cyber security insurance coverage will take care of the claim. However, you should be aware that you may have to pay penalties due to the data breach and will need to improve your companies security capabilities. Cyber security is a very important coverage to have in today's technological world.

5. You Can Relax

One of the most significant reasons that you need medical malpractice insurance is to reduce the amount of stress that you feel. When a client sues you, it can be overwhelming and stressful.

But, when you have the appropriate insurance coverage, you won't have to worry about dealing with the companies legal issues. You'll understand that your insurance plan will cover everything that needs to be covered.

Having peace of mind when conducting business is crucial because stress can have an adverse effect on the way you do business.

6. Protects Against Lies

In today's world, some people file lawsuits in the hopes of a payday regardless of whether the claims that they are making are valid or not. And even though there are requirements that someone has to meet before they sue you doesn't mean that you can't be sued.

When you've got liability insurance, it will protect your company and ensure that you don't have issues with false lawsuits. Again even if a claim is proven to be false and has no evidence, your companies legal team will still have to deal with the allegations.

Having the insurance will reduce the amount of frustration and stress that you deal with when going through the legal process that occurs when you're being sued.

7. Covers Employees

If someone is suing your company, they can also choose to take action against individuals that work for the company. Having liability insurance will ensure that all of your employees are covered if they do face individual lawsuits.

You should also ensure that you let employees know that it is possible for them to be sued and what steps will occur if they are sued. If they're confused, they should know that working for the company won't keep them from being sued, especially if they're at fault for causing a patient injury.

Having Medical Malpractice insurance Is a Must

When you're considering getting medical malpractice insurance for your business, you need to know that you have to have it. It will protect your company in ways that you've never imagined. The insurance will not only protect your employees, but it will also protect your company in the event of false client claims.

You've worked hard for your company reputation, and you need to do what it takes to protect it. If you're searching for the right insurance company to provide coverage to your business, contact the Hummel Group.

We've got the experience and knowledge to help you select the best plan possible for your company.

More than 25 million Americans spend their vacations in a recreational vehicle (RV). Moreover, one million Americans call an RV their full-time home.

If you've made the decision to invest in an RV, it's only smart to protect it.

To this end, RV insurance is a wise decision. Yet, there are a few ways that this step could veer off track, leaving you vulnerable in the event of a crisis.

Today, we're sharing five of the most common RV insurance mistakes. This way, you can identify the potholes before you cross them and can navigate your family toward a safe and successful future.

1. Relying on Car Insurance Alone

Your RV is technically a vehicle. So, a standard auto insurance policy should suffice, right?

Not quite.

While it's true that your RV takes you from Point A to Point B much like a sedan, it has myriad intricacies that make it much more complicated. In addition, owning an RV opens you up an increased risk of financial loss and personal liability.

As such, you'll need specialized RV coverage that extends to its unique needs. For instance, your personal belongings will require protection.

Acting as your home away from home, your RV likely contains many different kinds of valuables, from pricey electronics to heirloom jewelry. Most homeowner's insurance policies have limits on what they'll cover outside of your property lines, and you'll also have to pay a deductible. An RV policy can provide a valuable workaround.

In addition to insuring the vehicle itself, you'll also need to insure everything inside of it, and this kind of coverage isn't available on most standard auto policies. You'll also require access to services and support that other drivers won't require. For instance, many RV insurance providers will provide valuable discounts to accommodate your lifestyle, as well as expert RV roadside assistance accessible as you travel.

2. Not Choosing Enough Liability Coverage

What would you do if you rammed your RV into another camper's vehicle? Or, what if you accidentally injure someone with your RV?

These types of questions might seem far-fetched, but the reality is that they are not impossible. You'll need RV liability coverage to make sure that you're always protected, from every angle. In the event that your RV causes personal injury or property damage, the resulting lawsuit could be incredibly costly, as well as laborious and time-consuming.

While you might be tempted to choose a low amount of liability coverage to save money, keep in mind how much you would pay in court costs if your policy isn't expansive enough to protect you. Then, consider the costs of medical treatment for any injured parties, as well as the costs to restore physical damages.

It's easy for these extraneous expenses to exceed the limits of your low-level liability coverage. Rather than sticking to the state-required minimum, team with a trusted local insurer to determine what you really need.

3. Laser Focusing on Price

Yes, the price of your RV insurance policy matters. Yet, it isn't the most important factor to prioritize.

Rather, what's most important is making sure that you're getting the most extensive coverage available at the price point you can afford. The insurance industry is broad and competitive, and there are plenty of unscrupulous companies that are only out to make a quick buck. As such, they'll offer rock-bottom prices that seem too good to be true, because they are.

Find a service-centered, reputable, and specialized insurance company that has a dedicated focus ATVs, boats, and RVs. At Hummel, our agents will take the time to personally evaluate your RV. T

hen, they'll build you a fair policy based on market value, agreed value, or Total Loss Replacement Cost. They'll also ensure your liability coverage is robust enough to shield you from major claims.

The best part?

As an independent agent, Hummel isn't bound to one insurance company. Our agents have the freedom to shop around to make sure you have access to as many companies as possible, as well as more competitive rates.

4. Skipping Discounts

While an RV policy might differ from an auto policy, some insurers might be willing to offer special bundle packages at a low rate.

Promotions like these are fairly common with specialized insurance providers, so it's always worth asking about potential insurance discounts before you sign on the dotted line. A few of the built-in options that you might be able to apply to save on your premiums include:

• Multi-policy discounts (e.g. bundle your RV and automobiles on the same policy)
• Storage options (suspend coverage when you're not using your RV for an extended period)
• Discounts for installing special safety devices on your RV (e.g. anti-theft gear, airbags)
• Discounts for safe driving records

5. Not Updating Your Policy

When you first buy your RV insurance policy, all you might be thinking about is hitting the open road. Yet, there are a few major life changes that affect the level of coverage you and your family require. These include:

• Getting married
• Having a baby
• Moving
• Buying a house
• Having a teenage driver

Any or all of these events can have an effect on your insurance needs. They could also change the overall amount that you pay for coverage, possibly even lowering it. That's why it's important to review your RV insurance policy regularly!

Avoid These RV Insurance Mistakes With Us

Deciding to invest in an RV was the first major step toward a newfound adventure. Before you hit the road and enjoy the freedom and flexibility that this lifestyle provides, connect with our team. We'll help you avoid these five RV insurance mistakes so you can confidently get behind the wheel.

We're well-versed in a variety of insurance sectors, from personal lines and business insurance to niche markets. We'd love to discuss our RV policy options and find the perfect fit for your needs. Contact us today to learn more about the services we provide.