What Are the Risks and Benefits of a Roof Sublimit for Texas Churches?

Host Ron Wadley of Insurance For Texans explains the pros and cons of roof sub-limits for wind and hail damage in church property insurance. He recounts a San Antonio church that renewed their insurance. Their new policy had a lower premium. Then, they suffered damage to their church’s roof only to discover a $50,000 roof sub-limit that overrode their larger building coverage. Wadley notes insurers use sub-limits to cap exposure and lower premiums. They can be beneficial by reducing costs, a way to insure older roofs, or for churches choosing to self-insure with strong reserves. They also have downsides. Sublimits leave large out-of-pocket exposure, potential lender conflicts on mortgaged properties, and complications even in total-loss rebuilding. Many churches don’t realize their church insurance policy has sublimits. That is why working with a church insurance specialist is so important. Contact our church insurance team at insurancefortexans.com Get a copy of our book at thepromiseofcertainty.com 00:00 Show Introduction 00:26 Roof Sub Limit Story 00:51 Hail Claim Surprise 01:57 What Sub Limits Mean 02:17 Why Insurers Use Them 02:38 When It Can Make Sense 03:22 Major Downsides 04:13 Why Churches Miss It 04:37 Specialist vs General Agent 04:59 Certainty and Next Steps 05:28 Closing Thoughts