Accurate replacement value covers church’s total fire loss
Serving our clients doesn’t end when the insurance policy is delivered. We know that the churches we serve grow and change quickly. It’s important to evaluate them regularly and update replacement values.
For one ministry, this service proved invaluable. After measuring the church building and using Brotherhood Mutual Insurance Company’s state-of-the-art estimating program, the agent recommended that the church nearly double the insured value of its building.
Just six weeks later, an electrical short near the church’s grand piano sparked a fire that resulted in a total loss of the building. The loss was completely covered, thanks to the church’s leadership team, who understood the importance of having the right amount of insurance protection, and their insurance agent, who provided regular evaluations and updates of their property values.