Florida Methodists spread insurance risk, explore national plan

Insurance costs hinder ministry
Wesley United Methodist Church is an active congregation of a few hundred members in Marco Island, Florida. A prime-location church only two miles from the Gulf Coast, it has ministries to homeless people, students and elderly people, and each year sends missionaries to Guatemala.

The congregation will pay $47,000 this year alone on property insurance, but that is about half what it would pay on the open market. Across Florida, the seasonal storms have pushed property insurance rates sky-high, forcing some people from their homes and prompting new legislation that aims to reduce rates.

But with the aid of a statewide insurance plan of the United Methodist Church, Wesley United is able to invest more in local ministries and outreach, said Ernie Stevens, chair of the congregation’s finance committee.

 

This article is available to subscribers only. Please subscribe for full access—subscriptions begin at $4.95. Already have an online account? Log in now. Already a print subscriber? Create an online account for no additional cost.

This article is available to subscribers only.

To post a comment, log inregister, or use the Facebook comment box.