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General Inspection Discussion This is a place for general discussion about the home inspection industry. Try to keep the posts topical, but they need not be as specific as the other areas of this board.

 
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  #1  
Old 6/15/10, 4:01 PM
John E. Cubit, Jr. John E. Cubit, Jr. is offline
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Join Date: Mar 2005
Location: Manchester, Tn
Posts: 65
Default E&O Insurance

Hello fellow home inspectors! If you would like to save a lot of money on your E&O? Go to www.greia.org (Georgia real estate inspectors of america) I have been insured with them for 8 years now and am saving about half of what they are charging anywhere else.I get a $1 millon dollor policy @ $2500 deductable for about $1300 a year.Please use my personal code(TN-14) if you join.I think this is a good deal for anyone interested.

JC Home/Mold Inspections
John Cubit
Manchester,Tn.37355
Use Personal code TN-14 if you join
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  #2  
Old 6/15/10, 5:21 PM
Dale Young's Avatar
Dale Young Dale Young is offline
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Join Date: Aug 2004
Posts: 110
Default Re: E&O Insurance

Sounds great. Insurance rates for me are $2,265 per year for 250k coverage / O E and General disability! Thanks, i'll look it up and see watch you got



Dale Young
Young & Son Home Inspection Service
601-431-3551
www.younghomeinspection.com
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  #3  
Old 6/15/10, 6:28 PM
John E. Cubit, Jr. John E. Cubit, Jr. is offline
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Location: Manchester, Tn
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Default Re: E&O Insurance

I really like it
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  #4  
Old 6/16/10, 1:40 AM
Dale Duffy's Avatar
Dale Duffy Dale Duffy is offline
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Location: Scottsdale, AZ
Posts: 8,261
Default Re: E&O Insurance

Quote:
Originally Posted by jcubit View Post
Hello fellow home inspectors! If you would like to save a lot of money on your E&O? Go to www.greia.org (Georgia real estate inspectors of america) I have been insured with them for 8 years now and am saving about half of what they are charging anywhere else.I get a $1 millon dollor policy @ $2500 deductable for about $1300 a year.Please use my personal code(TN-14) if you join.I think this is a good deal for anyone interested.

JC Home/Mold Inspections
John Cubit
Manchester,Tn.37355
Use Personal code TN-14 if you join
Damn John, that is incredibly low priced.

I am with RiskPro now, have been for a couple years, before them Alan, this price is considerably less than what I have for 250,000.00 with 2500 deductible...will contact them.

Thank You for the information..!
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  #5  
Old 6/16/10, 7:12 AM
Billy Boerner's Avatar
Billy Boerner Billy Boerner is offline
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Location: St. Louis, MO
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Default Re: E&O Insurance

Quote:
Originally Posted by dduffy View Post
Damn John, that is incredibly low priced.

I am with RiskPro now, have been for a couple years, before them Alan, this price is considerably less than what I have for 250,000.00 with 2500 deductible...will contact them.

Thank You for the information..!
·How much does this E&O policy cost?
Answer: GREIA is membership based. The 2010 membership fee is $1,575.00 + tax and includes $1,000,000 E&O Insurance for each member.

·What is the deductible?
Answer: The deductible for this policy is $2,500

·Is this a claims made policy or an occurrence policy?
Answer: claims made

·Is financing available?
Answer: Yes. Contact us for details.

·Does this policy meet state requirements?
Answer: Yes this policy meets all state E&O requirements.

·Do you provide general liability coverage?
Answer: Yes, GREIA is an insurance agency. GREIA provides insurance packages for home inspectors nation-wide for car insurance, homeowner's insurance, business insurance, life insurance and more.


How come we haven't heard about this before?
This is truly the best deal I've seen. I'll post specifics once I
get them.



Bill Boerner
STL Home Inspection Services LLC
Serving St. Louis/Surrounding
(314) 805-2137
office@stlhomeinspector.com
http://www.stlhomeinspector.com
Residential, Commercial, Radon, Termite, Lateral Sewer Scopes
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  #6  
Old 6/16/10, 7:14 AM
Wayne B. Wilson's Avatar
Wayne B. Wilson Wayne B. Wilson is offline
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Join Date: Aug 2008
Location: Powell, Tn
Posts: 8,226
Default Re: E&O Insurance

Let us know Billy, Mine is coming up soon.



Wayne Wilson
East TN Home Inspections LLC
Knoxville, Oak Ridge, Maryville, Clinton, Farragut, Lenoir City, Pigeon Forge, Sevierville and all the surrounding areas.
865-256-1490

http://site.myhomeinspection.net

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  #7  
Old 6/16/10, 11:49 AM
Billy Boerner's Avatar
Billy Boerner Billy Boerner is offline
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Default Re: E&O Insurance

Quote:
Originally Posted by wwilson3 View Post
Let us know Billy, Mine is coming up soon.

Dale, Wayne and others. Looks to be legit to me. I'm approved for 1 Mill plus it covers Radon, Termites, Lead, Stucoo, and referring agents. Total price $1575 plus tax = $1653.75 You can even put 35% down and make 9 addtional payments if you wanted to. From what I can tell if your a member of any professional org you simply qualify regardless how long you've been in business. I've attached everything that was sent to me from the PDF to the email. Look it over and let me know your thoughts...



Hello Mr. Boerner

Congrats! Your application has been approved! Attached is some of our policy information and a quote for you to view. Please let me know if you have any questions or concerns regarding our new 2010 policy.

In order to begin your coverage and lock in your rate we will need to get the first and last page of the contractor member agreement back from you. We will also need a copy of your pre-inspection agreement and the attached Pro-Assurance application filled out. You may fax this directly to me at 678-765-2304 or e-mail sarah@grei.biz .

If you would like us to cover you on Prior Acts we will need you to submit your "Declarations page" This will be the first page of your old policy. It will include your 2009 start date, End date and retroactive date.

**Please note that this quote is for E&O insurance ONLY. I will obtain a quote for General Liability for you as requested on your application. Your quote will come over to you directly through Newtek.**


I am here to answer any questions that you may have so please feel free to contact me!

I Look forward to working with you and Thank You for serving our country!!


Sarah LaRocca
GREI Membership Representative
404-729-4410
Fax 678-765-2304
Attached Files
File Type: pdf Application Approved.pdf (49.9 KB, 111 views)
File Type: pdf CMAgreement.all.pdf (47.1 KB, 120 views)
File Type: pdf Policyquote.pdf (58.1 KB, 106 views)
File Type: pdf PRO.Application[1].pdf (67.3 KB, 160 views)



Bill Boerner
STL Home Inspection Services LLC
Serving St. Louis/Surrounding
(314) 805-2137
office@stlhomeinspector.com
http://www.stlhomeinspector.com
Residential, Commercial, Radon, Termite, Lateral Sewer Scopes

Last edited by bboerner; 6/16/10 at 11:59 AM..
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  #8  
Old 6/16/10, 11:57 AM
Jeffrey R. Pope's Avatar
Jeffrey R. Pope Jeffrey R. Pope is offline
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Join Date: Aug 2003
Location: Santa Clarita, CA
Posts: 8,046
Default Re: E&O Insurance

Quote:
Originally Posted by dyoung View Post
Insurance rates for me are $2,265 per year for 250k coverage / O E and General disability!
Hmmm. Haven't heard of that type of coverage. . .



IF YOUR INSPECTOR IS NOT USING THERMAL IMAGING, YOU'RE NOT GETTING THE WHOLE PICTURE ®
Jeff Pope
JPI Home Inspection Service
Santa Clarita CA
(661) 212-0738
Santa Clarita Home Inspection
http://www.MyInspector.net


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  #9  
Old 6/16/10, 12:48 PM
Brian K. Smith's Avatar
Brian K. Smith Brian K. Smith is offline
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Join Date: Dec 2004
Location: Ripon,CA
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Default Re: E&O Insurance

<B>
GREI of

what the heck....got to fix my cut and paste
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  #10  
Old 6/16/10, 12:50 PM
Brian K. Smith's Avatar
Brian K. Smith Brian K. Smith is offline
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Location: Ripon,CA
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Default Re: E&O Insurance

http://www.greia.org/requirements.html
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  #11  
Old 6/16/10, 1:03 PM
deasky deasky is offline
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Join Date: Nov 2007
Location: st. clair, mo
Posts: 87
Default Re: E&O Insurance

Thanks for the info Billy
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  #12  
Old 6/16/10, 1:17 PM
Billy Boerner's Avatar
Billy Boerner Billy Boerner is offline
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Default Re: E&O Insurance

Quote:
Originally Posted by bsmith2 View Post
Showing proof of membership in good standing with ASHI, NAHI, or interNACHI will satisfy all of the above requirements.

From the above statement belonging to NACHI is requirments enough for them.



Bill Boerner
STL Home Inspection Services LLC
Serving St. Louis/Surrounding
(314) 805-2137
office@stlhomeinspector.com
http://www.stlhomeinspector.com
Residential, Commercial, Radon, Termite, Lateral Sewer Scopes
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  #13  
Old 6/17/10, 6:53 AM
John E. Cubit, Jr. John E. Cubit, Jr. is offline
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Join Date: Mar 2005
Location: Manchester, Tn
Posts: 65
Default Re: E&O Insurance

Again If you do sign up for the E & O insurance would you please use my code # TN 14
Thank you
John Cubit
JC Home/Mold Inspections
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Need a home inspection in Massachusetts? Check out InterNACHI's listing of Massachusetts certified home inspectors. Or, find a home inspector anywhere in the world with our inspection search engine.
  #14  
Old 6/17/10, 7:09 AM
Larry D. Kage Larry D. Kage is offline
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Join Date: Jul 2004
Location: Lake Ann (Traverse City), MI
Posts: 8,845
Default Re: E&O Insurance

Quote:
Originally Posted by jcubit View Post
Again If you do sign up for the E & O insurance would you please use my code # TN 14
Thank you
John Cubit
JC Home/Mold Inspections


Why do you ask?



InterNachi Awards Portal: http://co.nachi.org/inachiawards/

____________________________________________
"An Education, not just an Inspection"

Larry Kage, CMI
Lake Ann (Traverse City), Michigan 49650
231 929 3525


Professional Inspector serving the Traverse City, Michigan area and beyond.
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  #15  
Old 6/17/10, 9:20 AM
Billy Boerner's Avatar
Billy Boerner Billy Boerner is offline
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Default Re: E&O Insurance

Quote:
Originally Posted by jcubit View Post
Again If you do sign up for the E & O insurance would you please use my code # TN 14
Thank you
John Cubit
JC Home/Mold Inspections
John I'm about to credit you $50. That's why Larry. I've done my homework and I'm on my last email before making my purchase. The insurance is indeed 1MILL E&O for $1654 which includes endorsements for Termites, Radon, Lead, Stucco, and realtor referrals. Best deal out there in my opinion and the insurance is underwritten by a company called...


ProAssurance Specialty Insurance Co Inc

(a member of ProAssurance Group) A.M. Best #: 011697 NAIC #: 10179 FEIN #: 363990058

Address:
P.O. Box 590009
Birmingham, AL 35259-0009
UNITED STATES

Phone: 205-877-4400
Fax: 205-870-1756
Web: www.proassurance.com


This rating is assigned to companies that have, in our opinion, an excellent ability to meet their ongoing obligations to policyholders.

Best's Ratings
Financial Strength Ratings View Definitions Rating: A (Excellent)
Affiliation Code: r (Reinsured)
Financial Size Category: XIII ($1.25 Billion to $1.5 Billion)
Outlook: Stable
Action: Affirmed
Effective Date: June 10, 2010



I found this company all over the internet and my state approves of them. If someone knows something I don't please let me know before I make my purchase



Bill Boerner
STL Home Inspection Services LLC
Serving St. Louis/Surrounding
(314) 805-2137
office@stlhomeinspector.com
http://www.stlhomeinspector.com
Residential, Commercial, Radon, Termite, Lateral Sewer Scopes
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