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  #1  
Old 11/30/06, 1:25 AM
Nick Gromicko's Avatar
Nick Gromicko Nick Gromicko is online now
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Default Insane CMI exclusive deal... NO E&O INSURANCE DEDUCTIBLES!!!

FREA announced an EXCLUSIVE deal for Certified Master Inspectors today. Due to the superior experience, education and commitment of Certified Master Inspectors (the home inspection industry's highest ranked professionals)... all Error and Omissions insurance deductibles will be dropped to ZERO for all Certified Master Inspectors in the U.S. and Canada, at no charge to the Certified Master Inspector (CMI), effective immediately. This is an EXCLUSIVE benefit to CMIs, not available to any other inspectors anywhere, as CMIs and only CMIs deserve it.

Many thanks to Michael Rowan, President of the Master Inspector Certification Board and Nigel Bonny, General Counsel for FREA who met today in Boulder, Colorado to hammer out this exclusive CMI benefit.


www.certifiedmasterinspector.org
www.frea.com



Nick Gromicko, CMI
Founder
World's biggest, best inspection association
"Planet InterNACHI... resistance is futile"

Last edited by gromicko; 11/30/06 at 1:40 AM..
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  #2  
Old 11/30/06, 1:44 AM
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Nick Gromicko Nick Gromicko is online now
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Default Re: Insane CMI exclusive deal... NO E&O INSURANCE DEDUCTIBLES!!!

And remember... there are no annual dues to be a CMI.



Nick Gromicko, CMI
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World's biggest, best inspection association
"Planet InterNACHI... resistance is futile"
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  #3  
Old 11/30/06, 1:54 AM
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wforsyth wforsyth is offline
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Default Re: Insane CMI exclusive deal... NO E&O INSURANCE DEDUCTIBLES!!!

Never mind.
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  #4  
Old 11/30/06, 10:11 AM
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Henry Valenzano, CMI Henry Valenzano, CMI is offline
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Default Re: Insane CMI exclusive deal... NO E&O INSURANCE DEDUCTIBLES!!!

Great news!!! But i still hope i never need to use it.



Henry Valenzano CMI (Hank)
Double Check Home Inspection LLC.
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  #5  
Old 11/30/06, 12:50 PM
John Cahill John Cahill is offline
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Default Re: Insane CMI exclusive deal... NO E&O INSURANCE DEDUCTIBLES!!!

This is an interesting offer. A main complaint of inspectors is paying a deductible when a settlement is made in which the inspector feels they are innocent. It allows the insurance company to operate cost effectively and the inspector to be treated fairly (providing they are not dropped for "cost efficiency" settlements). Another benefit of FREA is their assistance in dispute resolution without filing a claim. It allows the inspector to settle minor claims with an unhappy client under FREA supervision without penalty to the group premium or loss of coverage.

I am a little confused in that this FREA offer seems to conflict a bit with NACHI's endorsed provider. Will the NACHI insurance also drop the deductible and do they allow inspectors to settle small claims like FREA?
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  #6  
Old 11/30/06, 1:21 PM
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Nick Gromicko Nick Gromicko is online now
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Default Re: Insane CMI exclusive deal... NO E&O INSURANCE DEDUCTIBLES!!!

It is only for CMIs.

www.certifiedmasterinspector.org



Nick Gromicko, CMI
Founder
World's biggest, best inspection association
"Planet InterNACHI... resistance is futile"
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  #7  
Old 11/30/06, 1:37 PM
John Cahill John Cahill is offline
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Default Re: Insane CMI exclusive deal... NO E&O INSURANCE DEDUCTIBLES!!!

This is an attractive offer. We are considering it for our 2007 business plan. All my inspectors can qualify to be CMI.
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  #8  
Old 11/30/06, 1:47 PM
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Nick Gromicko Nick Gromicko is online now
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Default Re: Insane CMI exclusive deal... NO E&O INSURANCE DEDUCTIBLES!!!

Michael and I have some other exclusive benefits coming soon too. This one could only be acquired for CMIs because the underwriter would only give this deal to CMIs, no one else.

I've already come up with another way to exploit CMI for marketing purposes: Call yourself a no-deductible inspector... which means that the quality of your inspection service is so high that, unlike other inspectors, your E&O insurance company gives you a zero deductible.

This would be used if you have E&O insurance and are competing with inspectors who don't or who do but don't have a zero deductible.



Nick Gromicko, CMI
Founder
World's biggest, best inspection association
"Planet InterNACHI... resistance is futile"
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  #9  
Old 11/30/06, 2:07 PM
Blaine Wiley Blaine Wiley is offline
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Default Re: Insane CMI exclusive deal... NO E&O INSURANCE DEDUCTIBLES!!!

Damn. I may have to join.



If the opposite of pro is con, the opposite of progress must be...

www.qualityhomeinspectionsfl.com
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  #10  
Old 11/30/06, 2:12 PM
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Greg Bell Greg Bell is offline
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Default Re: Insane CMI exclusive deal... NO E&O INSURANCE DEDUCTIBLES!!!

Yea Blaine isn't that something.

Nick is going to get us all to join one way or another. I am sorry that I turned down his offer in Vegas now.



Greg Bell
Titusville, Fl
02111507

Serving Central Florida
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  #11  
Old 11/30/06, 2:15 PM
Blaine Wiley Blaine Wiley is offline
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Default Re: Insane CMI exclusive deal... NO E&O INSURANCE DEDUCTIBLES!!!

Quote:
Originally Posted by gbell
Yea Blaine isn't that something.

Nick is going to get us all to join one way or another. I am sorry that I turned down his offer in Vegas now.
Yeah, what's his line? "resistance is futile"...lol



If the opposite of pro is con, the opposite of progress must be...

www.qualityhomeinspectionsfl.com
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  #12  
Old 11/30/06, 2:25 PM
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Dale Duffy Dale Duffy is offline
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Default Re: Insane CMI exclusive deal... NO E&O INSURANCE DEDUCTIBLES!!!

The last time I priced FREA insurance it was about $2,000.00 higher than their competitors. Makes you wonder where the savings would be.
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  #13  
Old 11/30/06, 7:43 PM
Brian E. Kelly Brian E. Kelly is offline
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Default Re: Insane CMI exclusive deal... NO E&O INSURANCE DEDUCTIBLES!!!

Quote:
Originally Posted by dduffy
The last time I priced FREA insurance it was about $2,000.00 higher than their competitors. Makes you wonder where the savings would be.
Dale the offer is only for the Insane CMI's.



"Never ever threaten anyone in Camoflage"
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  #14  
Old 11/30/06, 7:55 PM
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Default Re: Insane CMI exclusive deal... NO E&O INSURANCE DEDUCTIBLES!!!

Quote:
Originally Posted by bkelly2
Dale the offer is only for the Insane CMI's.

Blah hahahahahh

Kelly, you still got it old chum.



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  #15  
Old 11/30/06, 8:09 PM
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Default Re: Insane CMI exclusive deal... NO E&O INSURANCE DEDUCTIBLES!!!

Double negative?
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