Insurance is a necessity in today's Home Inspection climate. Increased liability and frivolous claims make home inspector insurance more important than ever. Working RE and OREP have been working to provide quality errors and omissions insurance policies that are up to the task of protecting you! We also publish many stories and articles specifically tailored…
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The unique roles of a home inspector and agent in a real estate transaction are each clearly defined. But there can be times when one professional steps on the other’s toes. Take fees for instance.
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Can an inspector be sued for just about anything? The answer is, unfortunately, yes.
It’s a fact of life that a home inspector is likely to find some issues with the house he or she is inspecting. Inspectors know that even new construction has problems! If it’s an inspector’s job to report issues to potential buyers…
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Editor’s Note: Yes, E&O prices have dropped; now here are a few tips on getting the most for your money. Inspectors E&O Insurance Prices Drop, Time to Learn How to Shop by David Brauner, Senior Broker OREP By now you have probably seen firsthand that prices for most home inspector errors and omissions insurance (E&O)…
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Inspector’s E&O Insurance: Market Softens- Prices Drop – $1,250! By David Brauner, Senior Broker OREP (www.orep.org) Instead of the now familiar direction to “shop ‘till you drop,” new insurance conditions suggest instead that inspectors should shop because they’ve dropped. We’re talking about rates for errors and omissions insurance of course. The market is finally softening…
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Low E&O Rates & Great Service…and Yes, We Answer the Phone Appraisers/Agents E&O Min. Prem. $483 Inspectors E&O Min. Prem. $1,250 Golden Rule Our mission at OREP is to be the best insurance resource for real estate professionals; to follow the Golden Rule by treating all who contact us for help as we would expect…
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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…
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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…
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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.
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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…
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