Thank you! I got it working but under a weird circumstance.
When I bring up my Shortcut to insert templates I have it set as Alt+Shift+I and I select a template it overwrites the selected text.
If I use Ctrl + P and insert the template it surrounds the text just like I want.
Is there a way I can use my normal insert templates option to do the Ctrl + P Insert?
By the way you explained it amazingly well, This is going to make my life so much easier with templater. This opened up many new ideas for me.