Home Inspectors: Inspecting Your E&O Insurance by David Brauner, Senior Broker, OREP Here’s a riddle that more and more inspectors are solving easily: how do you obtain errors and omissions insurance (E&O) and General Liability Insurance from an “A” Rated, Admitted carrier including an Additional Insured Endorsement for Agents and other Referring Parties, Termite and…
Read More
Inspectors: Golden Rules for Avoiding Liability By David Brauner, Editor Seasoned home inspectors say the golden rules for avoiding liability are simple- write what you see, say what you write and don’t sugarcoat anything! More specifically, report what you see and also what you don’t see- and why you couldn’t see it. They also suggest…
Read More
Home Inspectors: Key to Limiting Liability By Ross Herlands, ESQ Probably the single most important thing a home inspector can do to protect him or herself in the event of a lawsuit is to obtain a signed pre-inspection agreement prior to the inspection. Furthermore, one of the key provisions in such a contract is a…
Read More
Whether you are installing a new roof material or simply evaluating a roof’s current condition, paying close attention to attic ventilation is critical for several reasons.
Read More
Editor’s Note: This story shows how to avoid inadvertently losing your E&O insurance coverage for past work and being left unprotected, should a claim arise; the consequences to your business and personal life could be disastrous. Cutting Expenses as Business Slows Why Canceling Your E&O Can Really Cost You! by David Brauner, Editor As…
Read More
The presence of mold is a contentious issue for building owners, builders, insurance companies, real estate agents and others. Mold addendums to sales contracts are now offered by many real estate boards for use by their members in sales transactions. As a professional appraiser or inspector you need to understand mold and all its…
Read More
Best Defense: Signed, Sealed, Delivered – Your Contract By Kris Thompson, Esq. Having a signature from a customer on your home inspection contract can greatly increase your ability to defend yourself if you are sued. In question and answer sessions, at round table discussions, and during consultations with home inspector clients, inspectors bring up the…
Read More
Editor’s Note: Many appraisers and inspectors see red when their insurance company settles a claim they feel is frivolous. Here’s the story of one inspector who had his day in court – and won. Having Your Day in Court: And Winning! By Todd F. Stevens A few months ago I defended a home inspector in...…
Read More
Risk Management Loss Prevention Checklist The following steps have proven effective at avoiding complaints and lowering the liability of home inspectors. Two points emerge: First, according to risk management experts, loss prevention is as much about communication as it is about understanding the systems of a building. They stress that expert knowledge is vital but…
Read More
Risk Management Strategies for Avoiding Complaints By Alan Carson Good home inspectors don’t get complaints. We thought we might catch your attention with that opening sentence! Actually, we believe that all home inspectors get complaints eventually. Why? There are several reasons but part of the answer may lie in our definition of a home inspection,...…
Read More
