Gateway Specialty Insurance has top rated markets to quote package or monoline insurance for a nonprofit chamber of commerce.
Get a quote for a nonprofit chamber of commerce by completing an application.
Coverage for a nonprofit chamber of commerce can include:
Directors & Officers Liability
Employment Practices Liability
Abuse and Molestation
Employee Benefits Liability
Blanket Additional Insureds
Chamber of commerce claim examples
Directors and Officers Claim:
The trustees of the chamber of commerce decided to expand their activities into areas that were not explicitly envisioned by the founders. Their state’s attorney general brought an action against them alleging misuse of funds and property for operating outside their charter, even though no third party had raised a complaint.
A local chamber of commerce published a quarterly newsletter. The newsletter included a tourism section, promoting places of interest, attractions, restaurants, etc. A new restaurant approached the chamber with a request to advertise in the upcoming issue. The chamber agreed and accepted a minimal advertising fee from the restaurant. It was discovered on the release of the next issue that the Executive Director never expedited the restaurant request and actually kept the money. The restaurant, in turn, sued the chamber for breach of fiduciary duty, breach of contract and interference with economic interests.
Employment Practices Liability Claim:
A chamber of commerce advertised an open position for a secretary. The organization received seven applications. Only one applicant was a male, who was 57. He was not interviewed. He alleged he was not interviewed because of his age and filed suit against the organization for age discrimination.
Special Events Claim:
A guest at a beer garden event sponsored by the chamber of commerce was struck on the head with a beer can thrown by a bartender. The guest filed a claim due to bodily injury.
A tent at a designated fundraiser was not anchored properly. The tent blew over and damaged multiple parked cars. The car owner sued for repairs.
Business Owners Package Claim:
A chamber of commerce was holding their monthly membership meeting at a local hall. One of the attendees tripped on an extension cord the chamber was using for a presentation and broke his leg. He then filed a suit against the chamber to cover his medical expenses for his slip and fall.
A few vandals threw rocks and broke the door and window glass to a local chamber of commerce as well as other buildings in the area. The chamber was forced to purchase wood to board up the open spaces and later replace the broken glass.