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E&O insurance with FREA. Save $450 !
Press Release:
Thanks to our continuing preferred customer service status for Internachi
members who insure through FREA, we can confirm
that FREA will continue to provide complimentary GENERAL LIABILTY coverage for
Internachi members who obtain their E & O through FREA. Because FREA
recognizes the unique professionalism and expertise of the InterNACHI
membership, we were able to negotiate this saving of $450 for our members.
InterNACHI members can contact Ben Garrison at ben@frea.com to discuss their insurance needs. Then, if you like what you hear, apply for coverage immediately.
Members will receive a coverage binder from FREA within a couple of days; in
the vast majority of cases, the total process will take less than a week. The
program is now available in all 50 states as well as Canada.
Members can receive more information, an instant estimation, and apply for
a quote by visiting http://www.frea.com
. For those of you switching from another carrier, please note that FREA will
provide you with retroactive coverage at no extra cost.
Many thanks to Attorney Nigel Bonny
for rewarding the professionalism of Internachi members in this way. Our
shared goal is to meet your coverage needs today, and also to accumulate data
and experience that will allow us, on your behalf, to contribute to success for
our professional home inspectors.
For a free, instant estimate apply online with FREA at: http://www.frea.com.
###
Industry Analysis:
Several factors have been slowly but steadily increasing the insured portion
of the home inspection industry.
-
The real protection E&O insurance provides home inspectors.
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The number of real estate professionals who prefer and refer insured home inspectors.
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The marketing advantage that can be exploited by the carrying of E&O insurance.
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The existence of potential clients who specifically seek out insured home inspectors.
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The trend by the media and consumer advocates to tout insured home inspectors.
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The insurance requirements found in many existing and proposed home inspector licensing/regulation.
According to Crittenden's, an insurance industry analyst, InterNACHI members
pay about $1,600 less than other home inspectors for $500,000 in coverage.
Until now inconvenience and cost have deterred many inspectors from considering
coverage. InterNACHI, with this exclusive proprietary product, improved endorsement
selection through our online portal, AIG... the A++ Superior A.M. Best rating
insurer, and substantial InterNACHI member discounts, is making E&O insurance inexpensive
and painless for members. This announcement is of great benefit to North American
inspectors, real estate professionals, home buying consumers, and of course InterNACHI.
It is a win-win-win-win. Furthermore, with exclusive InterNACHI discounts far
greater than the cost of InterNACHI membership, it just no longer makes mathematical
sense for a home inspector to be a non-InterNACHI member.
About InterNACHI:
The International Association of Certified Home Inspectors (InterNACHI) is the
world’s largest most elite home inspection association. InterNACHI's 260 million+
hit/year, 2315,000+ page website, one of thousands of sites it operates, gets more
traffic than all other inspection related websites combined and is host to the
inspection industry's largest message board containing over 500,000+ topics.
A non-profit, tax-exempt organization with members in all 50 states, all provinces
of Canada and 53 other countries, InterNACHI, with it's 178 local chapters, is
the international home of over 32,000 inspectors worldwide.
And finally:
"The insurance industry has been cautiously watching the home inspection industry
for years. These insurance companies have a lot at risk. They weren't going
to give just any association an exclusive discount. Of course I can brag about
InterNACHI members all day long, but having a global, best rated insurance company
bet on InterNACHI with their own money... well that says everything about InterNACHI.
I am very proud that insurance actuaries have finally come to conclude what I've
known all along: InterNACHI members and only InterNACHI members deserve to pay
much less because InterNACHI members are the best home inspectors in the world," said Nick Gromicko, Founder of InterNACHI.
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