International Association of Certified Home Inspectors
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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
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I need to find an inexpensive E&O insurance, any suggestion?
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| Need a home inspection in Wisconsin? Check out InterNACHI's listing of Wisconsin certified home inspectors. Or, find a home inspector anywhere in the world with our inspection search engine. |
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#2
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What do you consider inexpensive?
Greg Bell Titusville, Fl 02111507 Serving Central Florida
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#3
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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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#4
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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
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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
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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
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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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