Thread: copy of insurance
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Old 08-29-2007, 09:36 PM
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Thom Walker Thom Walker is offline
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Join Date: Mar 2007
Location: Corpus Christi, TX
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Re: copy of insurance
Quote:
Originally Posted by Jerry McCarthy View Post

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!
True, but it is a reality. I have spoken to several local Inspectors today and all have had a barrage of calls from Brokers telling them that their Clients will now be signing a special waver indicating they have been given a list of Insured Inspectors.

It should not be too hard to understand why I believe it is imperative that it is made illegal in Texas to have a referring party clause in any E&O policy. What an incentive for Realtors to recommend deal friendly Inspectors. Who should care if they screw up? If they do, the Agent is covered.

So the jack legs at TREC and TAR (but, I am redundant) in cahoots with that half ass from Plano win in the short term. Though I was never on a preferred list, I will now be on a blacklist. I guess I'll have to buy it a year early, since Realtors are training the Client to only hire Inspectors who have it.
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