Churches may be unique organizations, but they still need an insurance firm to provide insurance policies that meet their needs. Here are eight questions that insurance providers can answer for churches curious about insurance coverage.
Churches should talk to insurance providers to get property, liability, commercial auto, flood, earth movement, workers compensation, event coverage, and umbrella policies. Each of these options will protect them from various complications.
In a church insurance coverage package, elements like sanctuaries, family centers, schools, the structure of the building, musical instruments, audio and visual equipment, and utility elements are all covered to minimize expenses.
Depending on insurance policies, churches may have higher premiums because they are often older, larger, and have more expensive items to ensure. For instance, it may have dozens of hundred-year-old pews that must be ensured.
Although many churches use volunteers instead of full-time workers, injuring these individuals (or others on church property) may still result in a lawsuit, even though a church is a religious organization. Liability covers these expenses.
An insurance firm covering churches treats them like any other facility. As a result, they typically don't provide specialized discounts, though they may provide savings if a church updates its electrical, plumbing, or security systems.
Again, an insurance policy from church-based insurance providers considers a religious structure similar to a non-religious building. As a result, an insurance firm may penalize a church if it is in bad condition by raising its premiums.
Churches should include their display and event equipment in all of their policies. Any equipment that will cost thousands of dollars or more to fix should be covered. Breakdown insurance is usually not necessary, though.
Churches without insurance may find themselves suffering severe financial issues if a single problem occurs. As a result, many insurance providers demand insurance coverage for churches, with some religious organizations working directly with an insurance firm to find insurance policies.
Finding insurance providers to work with a church isn't tricky. Most companies will provide church-based insurance coverage, focusing their insurance policies on these unique operations. Contact us today to get started with a quote!