On the surface, running a cemetery can seem like a relatively risk-free profession. Aside from burials and maintenance, there’s not a whole lot you have to worry about, right? Unfortunately, there are some risks to consider if you want to run a cemetery. Some of these risks are:
- Extreme weather
- Liability issues
Luckily, all of these risks can be addressed by a good cemetery insurance program.
What Is Cemetery Insurance?
Cemetery insurance is a type of insurance coverage that is specifically designed to protect cemetery owners from financial damages in the event something unexpectedly goes wrong. This insurance can cover everything from repair costs to legal fees.
How Much Does Cemetery Insurance Typically Cost?
It’s basically impossible to give a specific number in terms of how much you’ll end up paying for cemetery insurance. Insurance providers look at a wide variety of factors to determine your risk level, and in turn, how much you’ll have to pay for coverage. Some of these factors are:
- Your location
- The size of your cemetery
- The types of coverage you need
- Whether or not you have employees
Running a cemetery can be risky at times. Luckily, with the right cemetery insurance coverage, you can build an impenetratable defense against any financial threats.