Christ Covenant Church in Beaumont, Texas, has about 38 members…
These suggestions are compiled from the best advice from insurers, agents and experts for churches hoping to avoid the disaster of losing their insurance or going broke trying to pay for it.
Related: Imperfect storms
FAIR is an acronym for Fair Access to Insurance Requirements. It serves as an insurer of last resort in 33 states, but not all policies are available to churches, and some are limited to only a few counties or regions. Tennessee, Arkansas and Oklahoma are among the states that do not have FAIR plans.
Last year, Louisiana passed SB 147 to create the Louisiana Churches and Nonprofit Religious Organizations Self-Insured Fund. Members that choose to be a part of the insurance trust will be the ones funding it, not the State of Louisiana. The Louisiana Department of Insurance oversees the project.
In Texas, the FAIR plan is only available to homeowners, but the Texas Windstorm Insurance Association is an insurer of last resort for fourteen coastal counties and currently insures 200 churches and 300 church buildings. Both programs are administered by the same staff.
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