KingsCover, a new church insurance program has grown rapidly since its launch Nov. 1, 2025. As of March 23, 153 Texas churches have enrolled. Program leadership anticipates launching broadly across select states this summer, with hopes to be nationwide by the end of 2026, and has launched in Alabama and Oklahoma as of March 23.
Since its Texas launch, hundreds of churches have applied for coverage. In late January, over 80 churches had been issued policies. In early February, over 100 churches were enrolled with a total insured value of over $700 million. By early March, that number had grown to over 134 churches enrolled.
“As of March 23, we have a total insured value of over $1 billion, with 153 churches that have saved over $1.6 million in lower premiums, … saving an average of 27 percent on their premiums” while increasing their coverage, Craig Christina reported.
Christina is Texas Baptists associate executive director and president and board chair of the Texas Baptist Indemnity Program, which partners with KingsCover, a Texas-based insurance company.
Messengers to the Baptist General Convention of Texas 2024 annual meeting approved a recommendation from the BGCT Executive Board to create TBIP as a captive insurance program enabling churches to secure affordable property and casualty, liability, and similar insurance coverage.
According to Christina, KingsCover quotes have consistently demonstrated favorable pricing, often resulting in premium savings of 10 percent or more. The highest rate of savings recorded was a 57 percent discount.
“KingsCover Insurance is underwritten by Amherst Specialty Insurance Company, an AM Best A–VIII rated provider, which means it has ‘excellent’ resources to meet its financial obligations,” Christina said, noting Amherst and KingsCover are owned by Risk Theory.
Coverage explained
KingsCover will insure churches at replacement cost value, or the amount needed to repair or replace damaged property or equipment at current market prices, without deducting for depreciation. Actual cash value, by contrast, includes depreciation due to wear and tear or obsolescence.
“In some cases, churches may have chosen ACV as a way to lower their premiums, by lowering their insured values,” Christina said.
“Replacement cost means we will fully pay to replace the covered losses for the building or property,” Christina said. “[Some] companies are only paying actual cash value … up to the policy limits, and they are greatly underinsuring the value of the property in order to lower premiums,” Christina said.
Actual cash value may require a church to raise additional funds to rebuild or to build smaller. Replacement cost value, on the other hand, allows a church to rebuild equal to what was lost.
Covering churches at replacement cost value is part of TBIP’s “managed repair-claims” model. The model entails three steps of coverage:
- providing replacement cost coverage for building losses,
- utilizing a tried, trusted, and vetted national network of licensed, insured, accredited, and warranty-offering general contractors to repair or replace damaged property, and
- offering pre-negotiated savings on premium materials for lower construction costs.
“When a claim occurs, you file the claim, and we assign one of our approved managed repair vendors to the project,” Christina said. “They come out within 24 to 48 hours and assess damages, prepare a scope of work plan to be completed, and present it to the church for approval and sign-off.”
The church is responsible for its deductible, and Amherst Specialty Insurance, as the insurance provider, pays its portion directly to the contractor, Christina explained.
“Once the work is complete, a warranty is given to the church by the contractor for the work completed. If there are any issues with the work, the church is able to contact the contractor and have them come back out.”
Tailored to church needs
“KingsCover is tailored primarily to cover the unique needs of churches,” Christina said.
“For example, we automatically include a minimum of $10,000 for the replacement of a pastor’s library if it is destroyed during a covered loss on church property.”
“Some of the basic coverages include property insurance for fire, storms, theft, [and] equipment breakdown to repair or replace essential equipment like HVAC systems, soundboards, or kitchen appliances,” he continued.
KingsCover also offers “general liability to cover a church’s responsibility for injuries or property damage that may occur during services and events; church security team coverage; church-owned and non-owned/hired auto insurance; sexual abuse and molestation coverage,” and more, Christina said.
“We can also offer an umbrella liability policy to provide extra protection as desired. Basically, we are building a program focused on addressing every coverage that churches need for ministry. We protect ministers and ministries so they can focus on building God’s kingdom.”
Approximately 30 percent of churches applying have declined the policies offered. The reasons for declining services vary from timing of their renewal date to honoring a preexisting relationship with a local broker, Christina explained.
“The number of instances where churches find another company’s quote more affordable than KingsCover is very infrequent,” Christina said.
Only one percent of churches, Christina said, have been declined coverage by KingsCover.
How to apply for coverage
KingsCover is the selling agent. To apply for coverage, churches can get a quote at KingsCover.com, can email info@KingsCover.com, or call 844-874-6242.
To be considered for coverage, a church must be autonomous and able to affirm the following statements of faith:
- Scripture has God for its author, salvation for its end, and truth, without mixture of error, for its matter.
- The local church has the primary task of proclaiming the gospel of Jesus Christ.
- There is no salvation apart from personal faith in Jesus Christ as Lord.
- God has ordained the family as the foundational institution of human society. A family is composed of persons related to one another by marriage, blood, or adoption. Marriage is the uniting of one man and one woman in covenant commitment for a lifetime. The husband and wife are of equal worth before God, since both are created in God’s image. Children, from the moment of conception, are a blessing and heritage from the Lord.
A quote is good for 30 days. Interested churches can reach out to info@kingscover.com at any time or about 45 days prior to their renewal date.
Testimonials
Jesse Rincones, pastor of Alliance Baptist Church and One Accord in Lubbock and executive director of Convención Bautista Hispana de Texas, shared how the Texas Baptist Indemnity Program impacts Hispanic churches:
“[TBIP] will be a huge help to Hispanic Baptist churches. Here in Texas, I get lots of phone calls from pastors whose [church] had to stop paying for their insurance during COVID, and they’re trying to find coverage again.”
“The options have been really limited in Texas. Several churches here in the Lubbock area lost coverage, and [it’s been] a challenge for us to find it,” Rincones continued.
“I think TBIP is going to fill a gap that is really, really evident right now in Texas, especially for our Hispanic congregations that sometimes don’t have the resources to research and pursue the coverage they need,” he said.
Because TBIP was created by and connected to Texas Baptists, the insurance option feels more approachable, Rincones stated. “This is not just a business or a company. This is coming from an organization we’ve known for years that has invested in Hispanic Baptists and understands us. It is more than just an insurance company.”
Charles Hill, pastor of Mount Carmel Baptist Church in Whitehouse, described the onboarding process for TBIP as “seamless.”
Hill’s church was part of the original TBIP feasibility study, which provided his connection to the program. He explained how the program furthers Texas Baptists’ GC2 Strong Initiative: “Anytime you help churches collaborate together, you help them do things more effectively and efficiently,” he said.
“This insurance program is a prime example of collaboration, pulling resources together, creating our own insurance entity that, in itself, helps churches free up capital, [so they can] be part of the Great Commission and make more of an impact in their local communities,” he said.
TBIP explainer
TBIP partners with KingsCover Insurance Services LLC, which offers insurance coverage designed for ministry owned properties. The program was launched by Risk Theory and developed in cooperation with Texas Baptists.
“Covenant Solutions is a nonprofit corporation domiciled in the state of South Carolina. The sole member of Covenant Solutions is the Baptist General Convention of Texas,” Christina said, adding the “BGCT created Covenant Solutions as a separate legal entity.”
Risk Theory covers property claims. Covenant Solutions covers liability, auto, and other claims.
According to the bylaws of Covenant Solutions: “Each of the Associate Executive Director of the Member and the Chief Financial Officer of the Member shall serve as a designated director on an ex officio basis, subject to approval by the Department [of insurance] for any new appointments. The member shall have the sole right and authority to elect all other directors.”
The bylaws also state, “The officers of the Corporation shall be appointed by the Board to serve at the pleasure of the Board.”
Three of the five Covenant Solutions board members are Texas Baptists employees. Christina was elected TBIP president, CEO, and chair. Texas Baptists Senior Director of Relational Development and GC2 Strong Sergio Ramos was elected vice president, and Texas Baptists Treasurer and CFO Ward Hayes was elected secretary/treasurer.
The remaining two board members, representing Texas Baptist churches and associational ministry, are David Bowman, director of missions for Tarrant Baptist Association, and Dennis Young, pastor of Missouri City Baptist Church.
“These designations will persist until such time as the covenant board changes them,” Christina said.
UPDATE: The first paragraph was updated with more specific information on where and when coverage will expand. (March 31, 4 p.m.)