Property insurance protects your organization's assets against loss from direct damage to property.
Tip: Find out what perils your policy covers and which are excluded.
Details
Policy limits
Deductibles
Basis of valuations
Insuring to value
Extensions
Equipment breakdown
Tailoring the policy
Exclusions
Property coverage with Church Insurance
For details about property insurance with Church Life Insurance Companies, call (800) 293-3525, 9 a.m. to 5 p.m. Monday - Friday (Eastern) or email us.
Damage from fire, wind and water are among the most frequent perils, or causes of loss, for many churches. But these are only a few of the potential threats facing church property daily. Two kinds of property insurance policies are generally available:
- The "Named Perils" contract insures only against specifically-listed perils, such as fire and lightning; windstorm and hail; vandalism and malicious mischief; sudden and accidental smoke damage; building damage by burglars; and others.
- The "All Risk" contract insures against all perils except those that are specifically excluded. Unlike a Named Perils policy, common causes of loss include burglary and theft of property; glass breakage; and water back-up from sewers and drains.