Navigating Insurance Non-Renewals for Texas Churches
Faith, Stewardship, & Insurance: Protecting Texas Churches
In this episode of Faith Stewardship and Insurance: Protecting Texas Churches, host Ron Wadley from Insurance for Texans discusses the critical issue of insurance non-renewals affecting churches in Texas. He describes the example of Lane's church in Amarillo, which experienced a sudden non-renewal notice despite having no scandals or accusations. Ron explains how factors like severe weather, inflation, and rising reinsurance costs are driving these non-renewals. He emphasizes the importance of taking calm, informed actions and working with a Texas-based church insurance specialist to effectively navigate these challenges. The episode also highlights the importance of regularly reviewing and updating church insurance policies to ensure they align with current risks.
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00:00 Introduction to Faith Stewardship and Insurance
00:28 The Issue of Non-Renewals in Church Insurance
01:20 Understanding the Texas Church Insurance Market
02:18 The Importance of Proactive Insurance Management
03:02 Specialized Church Insurance Solutions
03:56 How to Respond to Non-Renewal Notices
04:16 Resources for Church Leaders
04:36 Conclusion and Final Thoughts
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