Insurance for Heritage Buildings

Is Your Organization in a Heritage Building?

Ecclesiastical Insurance Office PLC has been working to protect our heritage for more than 130 years. We’ve used this time to learn how to help protect heritage buildings from damage and to carefully restore them should a catastrophe occur.

Our Commercial Heritage Protect product has been developed with the input of customers to ensure that it meets the unique needs of these tangible elements of our history. It delivers effective insurance protection by providing necessary coverages at competitive prices.

Replacement Cost for Heritage Buildings Demystified

Restoring or repairing a heritage property comes with a host of paradoxes; how do you recreate a structure where its very age helps define it? We take the approach that unique buildings or those with heritage designations are restored as systematically as possible to look like the original, with the same quality of finishes and details. Although traditional building materials like stone, lead and oak will be used to replace what existed before, we recognize that these will not necessarily be faithful replicas of the materials they’ll replace.

For example, in the case of stone, it is likely to be freshly quarried and in the case of timber, it won’t be from the same historical period. For small repairs, second hand or reclaimed materials in sufficient quantities might be available and would be used to successfully blend-in with the remaining structure.

We also anticipate that allied to traditional craft skills, modern construction methods will be used in the repairs and may be required to comply with building by-laws and regulations. The use of modern construction methods and the philosophy behind them are fully understood and accepted by the various heritage bodies in Canada.

Preserving our heritage buildings is an important investment in the present and future of our nation. Restoration and preservation can revitalize neighborhoods, create jobs and attract tourism. It keeps our communities vibrant and alive. Heritage buildings can bring communities together and act as social and cultural hubs and create inspirational workplaces for makers and doers.

We are deeply committed to serving the insurance needs of organizations that enrich the lives of others; to preserving Canada’s distinct communities, cultures, and history; and to supporting initiatives that help eradicate poverty and improve the lives of people in need. CRE Insurance Services is a partner provider of our professional business services program and works with Ecclesiastical Insurance to bring our members commercial insurance.

Contact your ASSOCIUM GAIN team today to get more information or to be referred for this unique service!