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Library Woman

Gateway Specialty Insurance has top rated markets to quote package or monoline insurance for a library.

 

Get a quote for a nonprofit library by completing an application.

 

Coverage for a nonprofit library can include:

General Liability

Directors and Officers Liability

Employment Practices Liability

Abuse and Molestation

Special Events

Professional Liability

Property

Equipment Breakdown

Business Income

Auto

Umbrella

Inland Marine

Employee Benefits Liability

Blanket Additional Insureds

Cyber Liability

 

Nonprofit library claim examples

Property Claim:
A water pipe bursts in a library, resulting in extensive damage to the building. In addition, the incident causes the cancellation of two events, forcing management to refund hundreds of tickets. The organization suffers a loss of $50,000 for property damage and business income.

General Liability Claim:
A guest at a library slipped and fell in the bathroom and broke his arm. The guest filed a lawsuit against the organization for pain and suffering, medical bills and rehabilitation expenses.

Inland Marine Claim:
During an overnight trip, the library locked its books in the van and spent the night at a hotel. Later that night, someone used a crowbar to pry open the van and stole all the library books. The next morning the director noticed that the equipment was missing and notified the police. A total of $9,700 of equipment was stolen.

Directors and Officers Claim:
A donor made a large contribution to a library. The funds were to be used primarily to buy new books. Instead, the library, through its executive director and board of trustees, decided to use the funds to take a trip to see a Broadway musical. The donor filed suit, alleging misappropriation of funds. The damages included return of the full contribution plus interest. As some of the money was already spent, the nonprofit would be financially unable to return the entire donation.

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