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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 11/1/11, 9:04 AM
Chiun D. Ng Chiun D. Ng is offline
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Default What is a good E&O insurance where i can find?

I need to find an inexpensive E&O insurance, any suggestion?
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  #2  
Old 11/1/11, 9:24 AM
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Greg Bell Greg Bell is offline
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Default Re: What is a good E&O insurance where i can find?

What do you consider inexpensive?



Greg Bell
Titusville, Fl
02111507

Serving Central Florida
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  #3  
Old 11/1/11, 10:00 AM
Chiun D. Ng Chiun D. Ng is offline
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Default Re: What is a good E&O insurance where i can find?

Well i mean a cheaper insurance to puchase, what good company out there, because they r all very expensive to purchase
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Old 11/1/11, 11:00 AM
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Greg Bell Greg Bell is offline
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Default Re: What is a good E&O insurance where i can find?

As a new inspector this is a problem that you are going to face. I just renewed mine for one million coverage for $2122. I thought that it was a fair price given the other options.

Please quantify what you mean by cheaper.



Greg Bell
Titusville, Fl
02111507

Serving Central Florida
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  #5  
Old 11/1/11, 11:42 AM
Pamela Brunges Pamela Brunges is offline
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Default Re: What is a good E&O insurance where i can find?

InterNACHI recommends Elite MGA and the Elite InspectInsure program, as they are our preferred insurance resource. Please visit www.eiipro.com to get your quote today or ask a question at inspection@eiipro.com. InterNACHI members receive a special association discount.
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  #6  
Old 11/1/11, 11:51 AM
William T. Misegades William T. Misegades is offline
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Default Re: What is a good E&O insurance where i can find?

I use US.Risk.
I was told by another fellow inspector in my area that Superior Insurance Services, Inc. was pretty decent.
Be sure to compare side by side all the offers as they might/will vary in what exactly is included in the coverage, the deductible etc... Just like any other type of insurance.
I can send you a copy of policy comparison I was given if you'd like.
My State requires a minimum of $100,000 in E&O but I looked up the average house price in my area and then got coverage for a little over that average. Also important is get a good GL coverage. You wouldn't want to have to pay out of pocket for walking through the ceiling and damaging the new wood floors.



Where there is a Will there is a Way!

Will Misegades
TREC# 10465
RedFish Home Inspections
www.redfishinspections.com
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  #7  
Old 11/1/11, 12:44 PM
Ben L. Garrison Ben L. Garrison is offline
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Default Re: What is a good E&O insurance where i can find?

If you're concerned about price and price only, you can probably find it for $1400 give or take... As long as you never have any kind of claim, that would be a good deal for you.
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