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Old 08-29-2007, 07:38 PM
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Jerry McCarthy Jerry McCarthy is offline
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Join Date: Mar 2007
Location: San Mateo, CA
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Re: copy of insurance
Ah Gunner, apparently you have yet to run into a client who wants to use your E&O policy as their personal ATM machine?
I did reveal and share the fact I had a half-mill limit E&O policy when dealing with my regulars, but when some moron called up and the first question was do you have E&O insurance my stock reply was, "what's that?"

I deal with insurance carriers every month, their claims departments and the attorneys they hire, and I don't advise broadcasting "I'm insured, I'm insured" to those who may retain you to perform an inspection. As a long time GC and then a property inspector there's a world of difference between GL and E&O insurance policies. The up side of a property inspector being insured is a good nights sleep and in the "occurrence type one can retire from the trenches and not worry about purchasing a "tail policy" to protect one's ass-ets.

PS: when a broker asked me for a copy of my policy I always said "sure, as soon as you send me a copy of yours." That so called "preferred list" is pure horse pocky!
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