Gateway Specialty Insurance has top rated markets to quote package or monoline insurance for a PTA or PTO.
Get a quote for a nonprofit PTA or PTO organization by completing an application.
Coverage for a nonprofit PTA or PTO organization can include
Directors & Officers Liability
Employment Practices Liability
Abuse and Molestation
Employee Benefits Liability
Blanket Additional Insureds
Nonprofit PTA or PTO claim examples
Directors and Officers Claim:
The trustees of a PTA 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 PTA published a quarterly newsletter. The newsletter included a tourism section, promoting places of interest, attractions, restaurants, etc. A new restaurant had recently approached the PTA with a request to advertise in the upcoming issue The PTA agreed and accepted a minimal advertising fee from the restaurant. Upon release of the next issue, it was discovered that the Executive Director never expedited the restaurant request and actually kept the money. The restaurant in turn sued the PTA for breach of fiduciary duty, breach of contract and interference with economic interests.
A donor made a large contribution to a PTA to aid students in need of tuition. The PTA instead voted to expand their headquarters and commit a portion of the donation to the building fund. The donor filed suit, alleging misappropriation of funds. Damages included return of the full contribution plus interest. As some of the money was already spent, the PTA was financially unable to return the entire donation.
Special Events Claim:
A guest at a beer garden event sponsored by the PTA 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.
A PTA held a one-day concert to raise funds at the home of one of its members. The event was large and included a bandstand. While the trucks carrying the equipment were leaving that night, the inclement weather caused the truck to leave large imprints and divots on the neighbor’s lawn. The neighbor then filed suit against the PTA for lawn damages caused by the trucks.
Business Owners Package Claim:
A PTA 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.