After years of harsh weather events, Texan churches face sharp increase in insurance costs
Costs of insuring Texan churches in the U.S. following a wake in natural disasters, an increase in construction costs, and underwriting challenges for the specialized risks involved, are hiking premium costs by tens of thousands of pounds and threatening the existence of much-needed ministries. Baptist Press (BP) highlighted the issue in a comprehensive report published on Tuesday (July 16) entitled ‘Perfect Storm leads major insurers to drop churches.’