Hi all, we here at 1304bikes in Raleigh are getting ready to possibly move out from the building of our fiscal sponsor. We have applied for our own 501(c)(3) status, and are going to start shopping around for insurance. The thing is, we have no idea what to look for in coverage, and what is an acceptable price range. If anyone would be willing to share how much they pay a year and what it covers, we would greatly appreciate it.

We are incorporated as a non-profit, and all our bikes are either given away to children, earned through our Adult EAB program, or given out through other established non-profits. We do not sell anything, and don't have a business license, so we may not need any sort of business insurance if such a things exists.