Preparing Your Church for State Farm (R) Florida’s Withdrawal

This eight-minute video will give you a crash course on the top four changes your church will see as they migrate away from the State Farm policy.

State Farm is withdrawing from the church property and liability market here in Florida. State Farm® Florida is very unique in how they conduct business compared to virtually every other company here in Florida. This “uniqueness” will require your church to make some changes in order to receive the broadest coverage at the lowest possible price.

In the video I explain the following:
1) Flat deductibles (State Farm) vs. Percentage deductibles (every other company) for wind and hail losses;
2) Policies with no co-insurance provision (State Farm) vs. policies with a co-insurance provision (every other company);
3) No screening requirements for sexual abuse coverage (State Farm) vs. the screening required to secure moderate to high limits of sexual abuse coverage (every other company); and
4) Dealing with direct writing agents (State Farm) vs. dealing with independent agents (almost every other company.)