What Should Texas Church Leaders Know About Loss Runs?

In this episode of Faith Stewardship and Insurance, host Ron Wadley of Insurance for Texans explains the significance of loss runs in the context of church insurance. He highlights the struggles faced by Texas churches due to rising property insurance costs and the mid-process requests for loss runs by insurance agents. Wadley defines loss runs as records of a church's insurance claims history, which are important for obtaining accurate insurance quotes. He outlines the importance of requesting and reviewing these reports to ensure accuracy, as they impact coverage options and premium rates. Connect with our church insurance team at insurancefortexans.com Get a copy of our book, The Promise of Certainty, at thepromiseofcertainty.com 00:00 Introduction to Faith Stewardship and Insurance 00:27 The Challenge of Rising Insurance Costs 01:36 Understanding Loss Runs 03:19 How to Obtain and Review Loss Runs 03:43 The Importance of Accurate Loss Runs 04:27 Leveraging Loss Runs for Better Coverage 04:57 Final Thoughts and Resources