Free E&O quote. No obligation. Get yours now.

[Nick Gromicko]

http://www.nachi.org/cheo2006.htm

[jferry]

You can get a quote online at www.nachi.org/insurance.

This is the NACHI Preferred E & O Insurance Program and is available 24/7 in all fifty states.

Non-members can get a quote to see how much money they will save by emailing inspectorinsurance@verizon.net

[James H. Bushart]

Originally Posted by jferry

This is the NACHI Preferred E & O Insurance Program and is available 24/7 in all fifty states.

Joe,

Please explain what it means to be a "NACHI preferred" provider of insurance. Many real estate agencies have such "preferred providers" as well, and there is usually a fee or other consideration attached to that designation, somewhere.

Specifically, does the provider pay a fee to be a "preferred provider" and do you (directly or indirectly) receive consideration of any kind in connection with their services? I am asking this as I usually see you connected with the promotion of this particular E & O program and I have noted your many posts supporting the need for E & O insurance - and I was wondering if there was a connection between the two.

[Schuyler W. Hellings]

There is no extra premium charged or referral paid to anyone by a NACHI Member obtaining their insurance with the program we are using.

[James H. Bushart]

Originally Posted by shellings

There is no extra premium charged or referral paid to anyone by a NACHI Member obtaining their insurance with the program we are using.

Are you referring to the same program that Joe is?

[Schuyler W. Hellings]

Originally Posted by jbushart

Are you referring to the same program that Joe is?

Yes, it is through AIG, with the same NACHI discount.

[James H. Bushart]

Originally Posted by shellings

Yes, it is through AIG, with the same NACHI discount.

Thank you.

[John Bowman]

Originally Posted by shellings

There is no extra premium charged or referral paid to anyone by a NACHI Member obtaining their insurance with the program we are using.

CH Insurance Brokerage also deals with Towers Perrin or whatever their name is?

Learn something new every day. I always thought Joe Ferry was attached with Towers Perrin and did receive some type of stippen with each referral.

[Vern Mitchinson]

Not in canada

[James H. Bushart]

Originally Posted by jbowman

Learn something new every day. I always thought Joe Ferry was attached with Towers Perrin and did receive some type of stippen with each referral.

If this is true, it should be footnoted in the legal advice he is presenting on this board to members in matters regarding E&O. I have nothing against Joe Ferry being a vendor, but I need to know that the person advising me of my need for a used car...sells them.

[jferry]

Originally Posted by jbushart

Joe,

Please explain what it means to be a "NACHI preferred" provider of insurance. Many real estate agencies have such "preferred providers" as well, and there is usually a fee or other consideration attached to that designation, somewhere.

Specifically, does the provider pay a fee to be a "preferred provider" and do you (directly or indirectly) receive consideration of any kind in connection with their services? I am asking this as I usually see you connected with the promotion of this particular E & O program and I have noted your many posts supporting the need for E & O insurance - and I was wondering if there was a connection between the two.

It isn't the provider that is "preferred", it is the NACHI member.

NACHI members seeking coverage under this program should go through the NACHI portal at www.nachi.org/insurance. Towers Perrin put numerous uncompensated hours into securing this benefit for our membership and it should reap the benefit of that hard work.

Non-members who would like to ascertain how much money they would save on E & O Insurance can email inspectorinsurance@verizon.net for a quote.

Members who would like a quote on E & O insurance can also email inspectorinsurance@verizon.net or simply go to www.nachi.org/insurance for an immediate quote and a binder.

[James H. Bushart]

Originally Posted by jferry

It isn't the provider that is "preferred", it is the NACHI member.

NACHI members seeking coverage under this program should go through the NACHI portal at www.nachi.org/insurance. Towers Perrin put numerous uncompensated hours into securing this benefit for our membership and it should reap the benefit of that hard work.

Non-members who would like to ascertain how much money they would save on E & O Insurance can email inspectorinsurance@verizon.net for a quote.

Members who would like a quote on E & O insurance can also email inspectorinsurance@verizon.net or simply go to www.nachi.org/insurance for an immediate quote and a binder.

Joe,

Not that there is anything wrong with it, but I am curious as to whether or not you receive any compensation, directly or indirectly, from any provider of E&O insurance to NACHI members. Do you? You endorse it quite heavily.

[James H. Bushart]

Originally Posted by jbowman

Learn something new every day. I always thought Joe Ferry was attached with Towers Perrin and did receive some type of stippen with each referral.

You must be mistaken, John, for our COE (Section 6) would require that he disclose this so that one could tell the difference between actual legal advice and a commercial for E&O insurance.

[Schuyler W. Hellings]

Originally Posted by jbowman

CH Insurance Brokerage also deals with Towers Perrin or whatever their name is?

Learn something new every day. I always thought Joe Ferry was attached with Towers Perrin and did receive some type of stippen with each referral.

CH Insurance Brokerage has a direct relationship with AIG and we quote the business here at the agency.

[Justin Watts]

I don't care who gets compensation.... if they do or not!

I just got my E and O Insurance quote thru NACHI's discount portal.... AIG, Towers Perrin, and my cost is about $2,071 for E and O, taxes and fees included for a 1 million dollar policy... under a (2,500) deductible / per claim.

I have shopped, and shopped, and shopped again.... You will not find a cheaper price anywhere! My second choice would be Allen's, and they are a few hundred more.... I switched to save some cash.

Hope this helps...