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Our Pledge To You
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Hold cursor over links below for description |
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Information contained herein is believed accurate but is not guaranteed |
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©
Copyright 2008
Allen Insurance Group
All Rights Reserved |
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Any use, reuse or transmission
of materials contained herein is prohibited without express written
permission. |
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HOME
INSPECTION INSURANCE |
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Home Inspector
Insurance Primer |
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Q:
Why do I need both "Professional Liability" & "General
Liability insurance"?
A.
"General Liability" provides coverage while you are
performing the
inspection and at your office. You have
two exposures while you are performing the inspection:
(1)
Property Damage, such as your ladder falling over and
breaking the windshield of the homeowner's auto; and
(2)
Bodily Injury, such as your ladder falling over and hitting
the homeowners child on the head.
These are the types of exposures for which you
purchase
insurance.
"Professional Liability" provides coverage for actual
or
alleged errors & omissions in your Inspection Report.
Again,
you have two exposures:
(1) Property Damage, for example you may have
missed a
leaking roof; and (2) Bodily Injury, a basement stair
riser is
several inches different than the rest, you didn't
report it,
and the buyer's child falls down the steps suffering
injury.
As you can see, Bodily Injury exposure is the
one with the
greatest potential for large claim settlements. |
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Q.
Are separate limits for "Professional Liability" and "General
Liability" important?
A.
Yes! Very Important! When you have one limit for both
types of insurance, you expose yourself to using up
your
policy aggregate. If you have a large Professional
Liability
settlement you may have no insurance for a serious
General Liability claim.
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Program Highlights |
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The Source for Home Inspectors
Insurance
Since 1992
We Give You
Options...
● Preferred/Premium Programs
● "Plus" Program
● New Home Inspector Program
●
NEW BUSINESS OWNERS POLICY
(See Details Below)
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Preferred/Premium E&O PROGRAM
Claims Made Form / Occurence Form
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The PEACE
OF MIND Policies
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A-Rated Insurance Company
$1500 Deductible |
STANDARD
FEATURES: |
● Corporation Coverage
● Very Broad Inspection Referral Coverage
for Real Estate Agents and Others
● Coverage for Commercial Inspections
● Prior Acts coverage if you have a claims
made policy (call for availability & cost)
● Water and Septic Testing
● Pool & Spa Inspections
● Coverage for Incidental Radon, Termite
and LBP Claims
● In-House Claims Assistance
● 24 Hour Quotes |
TYPICAL
COST: |
From $2,885 / $3,315
For a One Inspector Firm
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OPTIONS: |
●
Comprehensive General
Liability
●
Radon Testing
● WDO/WDI
Inspections
●
Code
Inspections
● Course of construction inspections
● Draw inspections
● 203k Consulting
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Our "Plus" E&O PROGRAM
Claims Made Form
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Coverage for claims will end when you stop buying
insurance, then you must buy at least 3 years of
"extended claims reporting"
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A-Rated Insurance Company
$2500 Deductible |
STANDARD
FEATURES: |
● Corporation Coverage
● Referral Agent Coverage
● $50,000 Accidental Death and
Dismemberment
● Prior Acts coverage if you have a claims
made policy (call for availability & cost)
● Extended claims reporting up to 36 months
● 24 hour quotes |
TYPICAL
COST: |
From $1,525
For a One Inspector Firm
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OPTIONS: |
● On-Site
General Liability
●
Radon Testing
●
WDO/WDI Inspections
● Commercial Inspections
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Our New Home Inspector Program
Claims Made Form
(For new
inspectors who do not have a construction background)
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A-Rated Insurance Company
$2500 Deductible |
STANDARD
FEATURES: |
● Corporation Coverage
● Referral Agent Coverage
● $50,000 Accidental Death and
Dismemberment
● Prior Acts coverage if you have a claims
made policy (call for availability & cost)
● Extended claims reporting up to 36 months
● 24 hour quotes |
TYPICAL
COST: |
From $1,900
For a One Inspector Firm
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OPTIONS: |
● On-Site
General Liability
●
Radon Testing
●
WDO/WDI Inspections
● Commercial Inspections
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Just Want General Liability or
A Business Owners Policy?
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We offer a policy that covers General Liability and
optional office contents,
computers, & tools. |
COST: |
From $500
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Information Packet
Including
Costs & Applications |
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INSTRUCTIONS:
Click
on the link below to access the insurance application. Print
the application and fax it to us, along with a resume and a copy of
your inspection agreement
(Fax: 478-
822-9149).
If you have any
questions, email or call us toll-free. We look forward to earning
your business!
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Home Inspector's Insurance
Information Packet |
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This application is an Adobe
PDF File. If you do not
have Adobe Acrobat Reader Software, click the
Adobe icon to download the free Acrobat Reader
software. |
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IMPORTANT NOTE:
This is only a very brief description of the types of insurance
coverage(s)
available. It is only a summary and is not intended to represent a
contract.
For complete information, please refer to your policy for specific
coverage(s).
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For More Information, Please Contact:
Bob
Pearson
Allen Insurance Group
(478) 825-2660 Ext. 201
(800) 474-4472 • Toll-Free
(478) 822-9149
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Fax
bob@allenins.com
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NEW!
Pay-Per-Inspection
Program |
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Specifically Designed For New Home Inspectors
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Pay-Per-Inspection
Information Packet |
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This
application is an Adobe PDF File. If you do not
have Adobe Acrobat Reader Software, click the Adobe
icon to download the free Acrobat Reader software. |
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For More Information, Please Contact:
Bob Pearson
Allen Insurance Group
(478) 825-2660, Ext. 201
(800) 474-4472 • Toll-Free
(478) 822-9149
•
Fax
bob@allenins.com |
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Approved Training
Affiliates |
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We
accept professional home inspectors from many approved
courses. We can highly recommend the following: |
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Click on the individual named affiliate for website or email
link: |
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Association Links |
For More Information About Any of The Above,
Please Contact:
Bob Pearson
Allen Insurance Group
(478) 825-2660, Ext. 201
(800) 474-4472 • Toll-Free
(478) 822-9149 •
Fax
bob@allenins.com
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Last Updated
05/10/2010 02:17:37 PM
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