jrizek
(Joshua Rizek, CMI HI01700015)
January 14, 2017, 8:27pm
1
I tried searching and couldn’t find it but know this must have been discussed before. So sorry in advance.
How much insurance coverage do you carry?
Indiana requires a minimum of $100,000 of G&L only, but I don’t know how much I should get. Any reqemendatuons would help me.
Thanks.
twitt
(Thomas Witt, CMI MD. Lic. # 30933)
January 14, 2017, 8:53pm
2
If you have an ins. agent then consult them or start talking to some and compare their advice.
jrizek
(Joshua Rizek, CMI HI01700015)
January 15, 2017, 1:36am
3
Thanks but can you tell me how much coverage you have? I have contacted several insurance brokers and I’m at a loss.
mgoldenberg
(Marc Goldenberg, Inspector # HI1365)
January 15, 2017, 9:43pm
6
gbell:
I carry 1 million.
Ditto including E&O, my deductible is $1500.
bkelly2
(Brian Kelly, AZ Cert. # 60234)
January 15, 2017, 11:29pm
7
I have had a Million dollar policy in the past myself. I now carry the min coverage possible, pool and termite included.
mgoldenberg
(Marc Goldenberg, Inspector # HI1365)
January 16, 2017, 1:01am
8
I hear ya Brian.
The state demands a million E&O for my mold assessor license, 1/2 mil for my termite license.
Other than that no E&O required.
The InspectorPro program won’t “separate” categories, all or none so
that’s how I ended up with it on liability, everything.
dwicker
(David Wicker)
January 16, 2017, 1:26pm
10
jrizek:
I tried searching and couldn’t find it but know this must have been discussed before. So sorry in advance.
How much insurance coverage do you carry?
Indiana requires a minimum of $100,000 of G&L only, but I don’t know how much I should get. Any reqemendatuons would help me.
Thanks.
Joshua, I just replied back to your email. Every business is different on their insurance needs, then some states have their own requirements.
Give me a call and we can go through some choices for you.