Starting a construction or renovation project is an exciting time for any ministry. Before putting shovels in the ground, it’s critical to address the hazards of construction. Rain could cause exposed wood floors to warp and crack. Thieves often target valuable construction materials like copper pipes. Fires do far more damage to an unfinished building than one with fire prevention systems in place. Workers could sustain serious injuries. Construction costs could exceed estimates.
Brotherhood Mutual's risk control team recommends that you protect your project by taking five key steps:
When using volunteer or donated labor:
In addition to protecting people and property during construction projects, ministries should also consider what they will do if their contractor is unable to finish their project on time—or at all. The best way to prevent this is to choose a reputable contractor, but even those that are financially stable can run into problems.
A construction bond is a financial instrument that reimburses a ministry (the purchaser) for extra costs incurred when construction projects are delayed or left unfinished. These costs include the extra expense of:
Brotherhood Mutual does not offer construction bonds, but ministries preparing for large construction projects may want to discuss this option with their insurance agent and attorney.
Thank you for your interest in Brotherhood Mutual. We appreciate the opportunity to provide your church or other ministry with an insurance quote and will reply to your request as soon as possible.
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