Faith, Stewardship, & Insurance: Protecting Texas Churches
Helping church leaders, pastors, and administrators understand the basics of Texas Church insurance and how they can mitigate risk while maximizing the reach of their mission.
All Episodes
Can My Texas Church Get Full Coverage Insurance?
In this episode of Faith Stewardship and Insurance: Protecting Texas Churches, hosted by Ron Wadley of Insurance for Texans, the critical misconceptions surrounding 'full coverage' in church insurance are dissected. Ron highlights the story of Pastor Mark from Abilene, who faced a painful revelation about his insurance policy when a lawsuit was filed against his church. He delves into three major 'almost truths': the illusion of full coverage, the false economy of cheaper insurance, and the deceptive safety of storm coverage. Ron encourages church leaders to seek true wisdom by understanding the complexities of their policies and ensuring they have comprehensive protection. Allow our Church insurance team to review your policy by going to insurancefortexans.com Get a copy of our book about Church insurance called The Promise of Certainty at thepromiseofcertainty.com 00:00 Introduction to Faith Stewardship and Insurance 00:30 The Myth of Full Coverage 00:51 Pastor Mark's Story: A Cautionary Tale 02:02 Understanding Church Insurance Liabilities 02:47 The Danger of Cheaper Insurance 03:25 Storm Coverage: What You Need to Know 04:04 Seeking True Wisdom in Insurance 04:44 Conclusion and Next Steps
How To Keep Church Money For Missions Rather Than Giving It To Lawyers
In this episode of Faith Stewardship and Insurance: Protecting Texas Churches, host Ron Wadley discusses the need for comprehensive liability insurance to prevent church funds from being drained by legal fees. Highlighting the real-life example of Pastor David’s church facing costly legal challenges, the episode emphasizes the importance of having a policy that includes defense coverage. Ron outlines three key benefits of such a policy: providing a lawyer, ensuring the lawyer understands church-specific issues, and covering legal fees from the outset. Additionally, he advises on various specific liability coverages churches should consider to safeguard their mission and finances. Allow us to review your church's policy by going to insurancefortexans.com Read more about Church insurance by getting a copy of our book, The Promise of Certainty at thepromiseofcertainty.com 00:00 Introduction to Faith Stewardship and Insurance 00:28 The Importance of Proper Church Insurance 00:43 Pastor David's Cautionary Tale 02:01 Understanding Church Liability Policies 02:10 Three Ways Liability Insurance Protects Your Church 03:32 Additional Liability Policies for Churches 04:13 Preparing for Legal Challenges 04:41 Ensuring Your Church is Properly Protected 05:15 Conclusion and Final Thoughts
Can a Risk Purchasing Group Get Your Church the Best Property Coverage?
In this episode of Faith Stewardship and Insurance: Protecting Texas Churches, host Ron Wadley discusses the challenges Texas churches face with rising property insurance premiums and introduces the concept of a Risk Purchasing Group (RPG) as a potential solution. Ron explains how RPGs allow churches to pool their buying power to access better insurance pricing and coverage. A case study of a Fort Worth church illustrates the benefits of RPGs, such as accessing A-rated carriers and customized policies, leading to significant savings and stable premiums. While noting that RPGs are typically best for larger churches, Ron encourages church leaders to seek personalized insurance reviews to determine if this option suits their ministry's needs. You can have our church team review your policy by going to insurancefortexans.com For more in depth information about Church insurance, get a copy of our book, The Promise of Certainty at thepromiseofcertainty.com 00:00 Introduction to Faith Stewardship and Insurance 00:28 The Challenge of Rising Insurance Premiums 01:20 Understanding Risk Purchasing Groups (RPGs) 02:11 Case Study: Fort Worth Church 02:28 Benefits of Joining an RPG 03:12 Is an RPG Right for Your Church? 03:50 How Insurance for Texans Can Help 04:27 Conclusion and Next Steps
Is Your Church Insurance a Reality Respecter or a Wishful Thinker?
In this episode of Faith Stewardship and Insurance: Protecting Texas Churches, host Ron Wadley discusses the critical importance of being prepared for storms and other unforeseen events that can impact Texas churches. Using the example of Pastor Allen's experience in Waco, Ron highlights the necessity of having the right insurance coverage that respects reality rather than relying on wishful thinking. Key points include understanding the unpredictability of Texas weather, the fine print in insurance policies, the total cost of risk, and the wisdom of being prepared before a storm hits. Ron encourages church leaders to review their insurance policies, ensuring they provide real protection. Listeners are invited to visit insurancefortexans.com for a policy review or to get a copy of Ron's book about Church insurance, The Promise of Certainty, at thepromiseofcertainty.com 00:00 Introduction to Faith Stewardship and Insurance 00:31 The Reality of Texas Storms 01:14 Pastor Allen's Story: A Lesson in Preparedness 02:22 Facing the Realities of Church Insurance 04:16 Becoming Reality Respecters 04:54 Conclusion and Next Steps