Editor’s Note: The following questions are from OREP insureds and inspectors nationwide. The answers, provided by David Brauner, Senior Broker at OREP, may be helpful when shopping for your E&O insurance. If you have specific questions about your coverage, ask your agent. Inspectors Errors and Omissions Insurance Q&A By David Brauner, Senior Broker at OREP.org…
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Editor’s Note: Home Inspectors no longer have to pay more for the complete coverage they need. A new program from OREP includes E&O and General Liability/Off-Premises Coverage, plus many other ancillary coverages inspectors need like termite, radon, drone, EIFS, commercial and much more! OREP Announces New Home Inspector Insurance Program Complete Coverage: New Lower Rates OREP-…
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E&O Insurance: Prices Drop Time to Shop by David Brauner, Senior Insurance Broker at OREP.org Instead of the now familiar direction to “shop ‘till you drop,” current 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 has softened (prices dropped)…
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Editor’s Note: There are good reasons for reporting claims and incidents when they happen. Here is vital information, that even seasoned inspectors may not know, that can save you anxiety, money and maybe even your business. If you’re an appraiser, much of this story pertains to you as well
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Editor's Note: The following is intended for your clients because, as most seasoned inspectors will tell you, setting reasonable expectations about a home inspection report is more than half the battle in avoiding liability problems.
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Fritz Kelly, inspecting for 12 years in Arizona, has a problem common to inspectors: “I declined to go into an attic the other day. The access was in the master bedroom closet, full of clothes, etc. When I attempted to open the scuttle cover, it was obvious there were about 15 inches of blown in…
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When a dissatisfied homeowner dashes off a complaint that is heated, insulting, inaccurate or not very well thought-through- maybe just a belligerent phone call, it is human nature for us to take it less seriously and to want to respond in kind: garbage in, garbage out. But that’s a mistake. No matter how…
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Should You Include Cost Estimates in Inspection Reports? By Natalie Eisen, Staff Writer Are home inspectors obligated to detail expected costs of repairs in their reports? Inspectors line up on both sides of the issue. A home inspector’s job, first and foremost, is to help his or her clients make an informed decision by thoroughly…
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Mold Inspectors: Proceed with Caution! by Jeff Jeffrey Deuitch If you are inspecting for mold and promoting yourself as a certified professional after completing only limited training/education, you may want to proceed with caution. Most states have no regulation or licensing of mold professionals. The increasing demand for mold professionals has led to the birth...…
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According to David Brauner, Senior Broker at insurance provider OREP.org, most inspectors who don’t inspect for WDI/WDO probably don’t think they need to purchase the coverage. So if a problem arises, they may be left on their own.
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