Assessing Insurance for Land Trusts

Smart land trusts typically purchase multiple types of insurance coverage and will consider how the various insurance coverages fit together when selecting the right coverage package.

There is no set formula for the amount of insurance coverage for a land trust or an actuarial table for appropriate limits of liability and deductibles. Land trusts frequently purchase coverage through multiple types of insurance. These practical pointers describe how the various insurance coverages can fit together to provide comprehensive coverage for your land trust.

Directors and officers (D&O) insurance covers liability for actions of the land trust board and staff and protects the land trust, something that an individual board member's own homeowners insurance will not do even if it has some protection for volunteer service. These practical pointers will help your land trust review coverage options with Directors and Officers insurance.

This guidance covers Practice 6E: Risk Management and Insurance

This book provides an introduction to risk management in order to equip your land trust with information, resources and suggested strategies for designing and implementing a practical risk management program.

Land Trust Standards and Practices, Practice 6E. Risk Management and Insurance, include two elements. This module addresses Practice Element 6E2.

This chart lists types of insurance which land trusts frequently purchase and summarizes the coverage or lack of coverage associated with such policies.

Instructions for setting up the online version of Assessing Your Organization for your land trust.

​Land trusts in the Alliance's New England region are invited to join Meghan Mullee, first vice president of Alliant Insurance Services for a crash course on the basics of insurance coverage, including policy must-haves and coverage considerations.

The Land Trust Alliance's New York office is pleased to offer this Lunch & Learn session with Meghan Mullee, of Alliant Insurance Services. During this session you will learn the basics, including policy must-haves and coverage red-flags.