Managing Risk & Risk Management - Run for Cover(age)

On Tuesday, September 28, 2010, Michael Everding, of AHM Financial Group LLC, outlined many scenarios which exposed insurance coverage gaps. From fundraising events to simple car trips to the bank, nfp's are exposed to a variety of liabilities that need insurance coverage. Everding recommends updating insurance brokers with any changes to business operations. Also, Everding recommends adding riders to general liability policies rather than purchasing separate stand-alone policies to keep costs in check.