New York Educational Institution Insurance

You can trust our insurance group to customize insurance products for your educational facility, from property to liability, cyber crime, errors and omission, and casualty insurance. 

Property insurance

Protects buildings, equipment, and other physical assets from perils such as fire, theft, and natural disasters.

It covers replacement costs for damaged structures, contents, and specialized educational equipment. Includes options for historical building restoration and green building upgrades.

General Liability Insurance 

Bodily injury and property damage claims are covered by our general liability insurance. 

This policy protects schools from legal and financial repercussions if a student, visitor, or third party is injured on school grounds or if their property is damaged. 

It also covers advertising injury and reputational harm.

Our general liability policy includes defense costs for lawsuits, making it a crucial part of a school’s risk management strategy. 

Professional Liability Insurance

Defends against allegations of educational malpractice, failure to educate, or improper student supervision. 

Covers legal costs and settlements related to claims of negligence in teaching, counseling, or administration.

Also known as errors and omissions insurance, professional liability coverage includes protection from allegations of discrimination, breach of duty, or civil rights violations.

Student Accident Insurance

Offers protection for students during school activities, including sports and field trips.

Accident and health insurance covers medical expenses resulting from accidents on school grounds, daycares, or during school-sponsored events. Includes options for catastrophic injury coverage and 24/7 protection.

Cyber Liability Insurance

Provides support in the event of data breaches or cyber attacks targeting student and staff information. In the event of a loss, cyber risk insurance helps cover costs associated with network security liability, data recovery, notification of affected parties, and potential legal actions.

It helps schools get coverage for ransomware attacks and business interruption due to system outages.

Workers Compensation Insurance

Workers compensation help administrators cover the cost of employee injuries and illnesses that occur in the course of employment.

Provides medical benefits and wage replacement for staff injured on campus or during school-related activities. Includes coverage for unique education-sector risks like repetitive stress injuries for teachers.

Directors’ and Officers’ Liability

This specialist insurance helps protect school board members, trustees, and administrators from personal financial loss due to alleged wrongful acts.

It offers specialized coverage for legal defense costs and settlements for claims related to mismanagement, employment practices, or fiduciary duty breaches. Includes coverage for both for-profit and non-profit educational institutions.

Employment Practices Liability

This insurance for schools safeguards against claims of wrongful termination, discrimination, harassment, or other employment-related issues. 

Covers legal fees and settlements for lawsuits brought by current, former, or prospective employees. Includes coverage for third-party discrimination claims from students or visitors.

It even covers claims of and provides abuse or molestation coverage against educators and protection from legal liability.

Environmental Liability

While ensuring a safe environment is crucial, another educational insurance policy worth considering is environmental liability insurance. 

It protects against claims arising from pollution incidents or environmental damage caused by school operations. 

Covers cleanup costs, legal fees, and damages for issues like asbestos, lead paint, or chemical spills in science labs. Includes coverage for gradual and sudden pollution events.

Special Event Coverage

The specialized insurance policy provides protection for non-routine events hosted by educational institutions, such as fundraisers, concerts, or community gatherings.

It covers the school’s specific needs, property damage, liability claims, and cancellation costs associated with these events. Includes options for liquor liability coverage when applicable.

Cost-Effective & Specialized Insurance Coverage for New York Schools

We understand the budget constraints faced by New York’s educational institutions. Our goal is to provide robust coverage without breaking the bank.

By conducting a thorough risk assessment, we can often identify areas where coverage can be optimized, potentially reducing premiums without sacrificing protection. 

We also offer flexible payment options to help manage cash flow throughout the academic year.

What if your institution could save money by bundling multiple policies? 

We offer package deals that can provide comprehensive coverage at a more affordable rate than purchasing individual policies.

Our business insurance policies can be customized to meet the unique needs of your institution, whether you’re a small private school in Brooklyn or a large university in Albany.