Running an adoption agency can be an emotionally challenging endeavor. You get to see families in some of the saddest and happiest moments of their lives. And while you likely believe in the work you do, it’s important to acknowledge that when emotions run high, liability exposures increase. That’s because people are more likely to initiate lawsuits when they’re upset.
Luckily, adoption agencies can manage that risk with insurance. While nobody ever hopes that a family will feel the need to file a lawsuit against their adoption agency, sometimes things go wrong. Liability insurance can bring adoption agency owners peace of mind because it can pay for the costs associated with defending a lawsuit in court: legal fees, witness fees, and even settlements or judgments.
Read on to find out about some of the insurance policies that can take care of your agency as well as you take care of the children and families you serve.