Okay, so that actually isn’t a commandment, but common sense says that your church, no matter the size, should be insured. Just like a business, a church or ministry can face situations that being insured will help solve. There are many factors in deciding what insurance coverage you should have. The best person to consult in that decision is an agent who specializes in church and ministry insurance. That said, some of the factors you need to consider are:
Is the church or ministry governed by a board? If so, what are the board’s guidelines in insurance?
How many people are employed by the church/ministry? Even with one pastor, he/she should be insured with workers compensation.
Approximately how many volunteers work in or on church/ministry grounds?
How much and what property does the church/ministry own. This would include small plots of land such as cemeteries or inherited lands or properties. Many times, members bequeath property to a church and church leaders forget insuring these properties.
What and how many different non-profit charities does your church support and/or manage?
How many vehicles does the church/ministry own? What are the years, makes, and models? How often are they used?
When meeting with an insurance agent, it is a great idea to have all of this information. By knowing these figures, your insurance agent will be able to figure the best insurance plans to fit your church or ministry's needs.
Churches and ministries are in the people business, and when you have people, accidents do happen. We hope and pray that none arise at your place of worship, but having an insurance policy that will cover accidents keeps everyone more focused on the other priorities of the church.
There are many forms of insurance. These are just a few types of insurance that your agent will probably suggest are:
You will want this on every building that the church/ministry owns. It can cover fire, theft, flood and many more occurrences that could damage your place of worship. If the building is very old, you will need to choose on an actual cash value insurance or a replacement cost insurance.
Like a business, a church or ministry building has many people who enter its doors. We all would like to think people would not "sue" a place of worship if an accident happens, but some will. Liability insurance covers those circumstances that could happen anywhere. If a child slips and falls, the church liability insurance would cover the medical expenses if it happened on church/ministry property.
Professional Liability Insurance
Many times, people come to church pastors or leaders to be counseled on many of life's situations. What happens if a lawyer decides that counseling was wrong and decides to file a lawsuit against the church or the pastor? Professional liability will cover this and it is wise for all churches/ministries to carry it.
Many churches and ministries have a van or bus. Some have cars for staff. Volunteers use their own vehicles for the ministry. All the vehicles can be covered by the church's auto insurance plan.
Mission Travel Insurance
This insurance extends beyond the walls of your church and protects your people.
For help understanding how important church and ministry insurance is, please contact us at Heritage Insurance Group, Inc. to schedule a time to visit with an agent that specializes in church and ministry insurance.