Skip to main content
Ratehub logo
Ratehub logo

Compare Business Insurance Quotes for Non-Profit Organizations

Regardless of having the right intentions, non-profits can still face expensive claims that need to be properly insured against. Get a non-profit insurance quote today for free.

start my quote

What is non-profit insurance?

Matt Hands

Non-profit insurance is a type of business insurance package designed to protect your organization financially from the unique risks of its day-to-day operations. Whether a child injures themselves at your charity event or a director mismanages donor funds, having the right non-profit insurance package can help pay for legal fees and compensatory damages. 

A few things we're proud of

  • 1,200,000

    monthly users

  • 11 years


  • Over 1M

    better choices made

  • Trusted partner

    to Canada’s top financial institutions


What non-profit organizations need insurance?

Any non-profit (NPO) should consider purchasing business insurance to protect the organization from potential claims that could lead to financial trouble. 

This is especially important if your NPO: 

  • Works with third parties (e.g. volunteers, employees, the public) 
  • Own or rents office space
  • Hosts off-site events
  • Has a board or advisory committee

Below are some examples of non-profit organizations that could benefit from a business insurance package:

  • Associations
  • Charities
  • Community centres
  • Community services
  • Foundations
  • Societies
  • Research institutions 

Examples of non-profit insurance claims

  • D&O liability

    Your board of directors are named in a lawsuit for mismanaging government funds.

  • Bodily injury

    At a charity fundraising event, a donor slips on your stairs and injures themselves.

  • Professional liability

    A participant suffers injuries in a senior fitness class under the direction of your instructor.

Common types of non-profit business insurance coverage

General liability insurance

Professional liability insurance (E&O)

Commercial property insurance (contents insurance)

Directors and officers liability insurance (D&O)

Optional types of non-profit insurance coverage

Cybersecurity liability insurance

Crime insurance

Event liability insurance

How much does non-profit insurance cost?

The cost of non-profit insurance depends on many factors but expect to pay between $500-$1,000 per year. Get a non-profit insurance quote to find out how much it may cost you.

start my quote

Factors that influence your non-profit insurance quote

  1. Type of non-profit

    The type of non-profit you run plays an immense role in the cost of your insurance, as different organizations bring different levels of risk. The more likely your non-profit is to make a claim, the higher your insurance will be. For instance, if your charity runs public-wide events for fundraising every week, expect to pay a higher premium than a small-scale foundation.

  2. Number of employees and operational size

    The more staff you have on your team and the larger your operations, the more you’ll be paying for your non-profit business insurance. Having a larger organization increases your outreach, making your NPO more susceptible to a claim – any staff member can make a mistake, and any third-party your business encounters (e.g. volunteer, donor, client) can hold you liable.

  3. Location

    If your organization operates in a place that needs to be insured, such as an office or recreation center, the location will play a big role in the cost of your insurance. Non-profits situated in an area prone to crime or natural disasters (e.g. flood, earthquakes), will cost more to insure because of the increased risk of a claim.

  4. Experience

    Bringing more experience to your NPO’s industry can lower your insurance premium because it establishes your reliability to insurers. Having a decade of experience running a successful health organization shows insurers you know what you’re doing. On the other hand, if you’ve never planned a fundraising event or handled donation funds before, protecting your non-profit with insurance will be more expensive.

  5. Revenue

    Although your business may be not-for-profit, the amount of revenue you bring in still factors into your insurance premium. The higher your revenues, the higher your business insurance will be because third parties can ask for more in damages, knowing your NPO is well-off financially.

  6. Business insurance history

    Having a clean non-profit insurance history can show insurers you’re less likely to make a claim in the future, lowering your insurance premium. On the other hand, if your non-profit has been held liable several times (e.g. for giving harmful advice, for a director’s negligence), your cost for insurance will increase.


Frequently asked non-profit insurance questions

Does non-profit insurance cover claims involving volunteers?

What are some non-profit directors and officers insurance claims examples?

How do I get non-profit insurance in Canada?

Matt Hands, Business Director of Insurance

With 6+ years of experience at, Matt’s focus has been on growing its newest business unit, Insurance. He is a thought leader and a valuable resource to respected publications across Canada. read full bio

The knowledge bank

A wealth of knowledge delivered right to your inbox.

By submitting your email address, you acknowledge and agree to’s Terms of Use and Privacy Policy. Contact us for more information. You can unsubscribe at any time.


Whether you need a mortgage, credit card, savings account, or insurance coverage, we help you find and compare the best financial products for your specific needs.

When it comes to mortgages, is more than just a place to research and compare the best rates. Our goal is to give Canadians the best mortgage experience from online search to close. This means offering Canadians the mortgage tools, information and articles to educate themselves, allowing them to get personalized rate quotes from multiple lenders to compare rates instantly, and providing them with the best online application and offline customer service to close their mortgage all in one place. has been named Canada's Mortgage Brokerage of the Year for four years straight (2018-2021). With over 12 years of mortgage experience, and over $11 billion in mortgages funded, we deliver you the best mortgage experience in Canada.

How does make money?

Financial institutions pay us for connecting them with customers. This could be through advertisements, or when someone applies or is approved for a product. However, not all products we list are tied to compensation for us. Our industry-leading education centres and calculators are available 24/7, free of charge, and with no obligation to purchase. To learn more, visit our About us page.

read more about us

Helpful business insurance links