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Florida Inspectors This is a place for Florida InterNACHI inspectors to discuss Florida inspection topics, wind mitigation inspections and 4-point inspections.

 
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  #1  
Old 8/18/10, 5:54 PM
David W. Shockley David W. Shockley is offline
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Join Date: Jun 2007
Location: Orlando, FL
Posts: 36
Default E and O questions

My $2300 E & O renewal is coming up, how many of you guys carry this and how much is your deductable? Mine is $5000 which I 've been told is high, I'm thinkning of not renewing. I've always looked at this insurance like it gave my company credablity but now we have the license. My attorney told me it would be very difficult for me to get sued when the agreement has been signed by the clients. I value everyone's opinion in this forum and would appreciate any advice you may have.
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  #2  
Old 8/18/10, 6:51 PM
ldapkus ldapkus is offline
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Join Date: Mar 2006
Posts: 5,717
Please Note: ldapkus is a non-member guest and is in no way affiliated with InterNACHI or its members.
Default Re: E and O questions

$2300 is not much considering you have the potential to gross $150,000 /year. A license will not give your company credibility, that's a joke. I see you do mold inspections. Do you carry insurance for that?
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  #3  
Old 8/20/10, 10:51 AM
Clint a. McKie Clint a. McKie is offline
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Join Date: Aug 2010
Location: carlsbad,n.m.
Posts: 433
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Default Re: E and O questions

You can get 1 mill in E&O and 1 mill in liability and a 2,500 deductable for around 1,700.00 a year with sarah at GREI


contact her at sarah@grei.biz tell her you are an INTERnachi member and that I sent you for all the discounts. Thanks, ckint mckie
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  #4  
Old 8/20/10, 9:06 PM
David H. Crowe's Avatar
David H. Crowe David H. Crowe is offline
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Join Date: May 2007
Location: Knoxville, TN
Posts: 431
Default Re: E and O questions

Find another attorney.



David H. Crowe
Safety 1st Home Inspection

865-661-8710

http://www.theknoxvillehomeinspector.com/
http://www.safety1sthome.com/
safety1stinspection@gmail.com

Serving Knoxville and the surrounding area in East Tennessee

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