Just as the details of auto, life, and home insurance policies differ depending on the individual’s needs, the details of church insurance policies will differ based on the needs of your establishment. A large church may need specific coverage on items that a small country church simply does not have or need.
Since you want the absolute best church insurance coverage available without being over-insured, it’s important to take a good, long look at your church’s features and needs. Here are four items that you may want to consider adding to your church insurance policy if they are in any way relevant to your unique situation:
1. Structural Coverage. This one is a virtually universal need, although the amount of coverage will vary based on the size, age, and value of your church. If you have separate buildings on the premises, such as a freestanding fellowship hall or youth center, you’ll want to insure those as well. Structural coverage will generally protect against fire, vandalism, and certain weather conditions, but be sure to discuss the specifics of the coverage with your church insurance agent.
2. Personal Property, or Contents, Coverage. Structural insurance typically only insures the actual buildings, but not the contents inside of those buildings. If your church were to suffer a fire, items such as musical equipment, sound systems, video systems, office equipment, and anything else inside the building is not likely to survive. Contents coverage can either be obtained for actual value or replacement value. Talk to your church insurance agent about the pros and cons of each, as well as about the amount of coverage that is appropriate for your church’s belongings.
3. Comprehensive Liability Coverage. If a member or visitor of your church sustains an injury while on the church’s property, the church may be liable for damages. Liability coverage protects the church, at least partially, from legal action while providing a financial security blanket if such an event were to occur.
4. Coverage for Officers and Directors. As much as we would like to believe that church employees would not harm or wrong one another, sometimes these things happen. If your church has a large staff, you may want to consider some type of coverage that would provide protection and/or financial compensation if your organization is found at fault for a wrongful action against a staff member.
Call Pachuta Insurance today @ 706-769-2262 for the most cost effective church insurance.
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