Why Are Insurance Companies Dropping Texas Churches?
Faith, Stewardship, & Insurance: Protecting Texas Churches
In this episode of Faith Stewardship and Insurance: Protecting Texas Churches, host Ron Wadley addresses a pressing issue for many Texas churches. Why are insurance companies dropping church policies? Ron explains the reasons behind the non-renewal notices, including severe weather events, population growth, increased construction costs, and spikes in reinsurance prices. He emphasizes the importance of maintaining continuous coverage to safeguard church missions and offers practical advice for church leaders facing insurance challenges.
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00:00 Introduction to Faith Stewardship and Insurance
00:34 The Rising Issue: Insurance Companies Dropping Churches
01:32 Understanding the Causes Behind Non-Renewals
03:18 The Importance of Continuous Coverage
03:48 Solutions and Guidance for Church Leaders
04:22 Final Thoughts and Resources
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