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  1. #1
    Join Date
    Sep 2008
    Location
    so so, California
    Posts
    1,769

    Default Anybody using IPSI for E&O?

    Looking to dump FREIA, this place is $1,000 less a year for same coverage, exactly! Even less w/o indemnification.

    Inspection Referral SOC
    The MAZZA INSPECTION GROUP
    www.mazzainspections.com
    Level III Thermo-picture-taker-er...er

  2. #2
    Join Date
    Mar 2007
    Location
    Anacortes, Washington
    Posts
    395

    Default Re: Anybody using IPSI for E&O?

    I have been with them for three years and so far so good. I am going through Wally Glaser 314-725-8394 or wglaser@ipsico.com

    //Rick

    Rick Bunzel
    WWW.PacCrestInspections.com
    360-588-6956

  3. #3
    Join Date
    Sep 2008
    Location
    so so, California
    Posts
    1,769

    Default Re: Anybody using IPSI for E&O?

    Cool, thanks. I've been with FREIA since the 90's, but looking to save some duckets. Just want to make sure that they can pay a claim should one ever come up (knocking wood).

    The MAZZA INSPECTION GROUP
    www.mazzainspections.com
    Level III Thermo-picture-taker-er...er

  4. #4

    Default Re: Anybody using IPSI for E&O?

    One way to find out... hope it's not the hard way.

    Anyone know who underwrites their policy?


  5. #5
    Join Date
    Sep 2008
    Location
    so so, California
    Posts
    1,769

    Default Re: Anybody using IPSI for E&O?

    So I called freia to see if they would match the price,but said no. Interestingly, they didnt "diss" the company which leads me to believe that they are likely to be legit. I am researching the underwriters now. International placement services

    The MAZZA INSPECTION GROUP
    www.mazzainspections.com
    Level III Thermo-picture-taker-er...er

  6. #6
    Mike Inspector's Avatar
    Mike Inspector Guest

    Default Re: Anybody using IPSI for E&O?


  7. #7
    Join Date
    Mar 2007
    Location
    Spring Hill (Nashville), TN
    Posts
    5,847

    Default Re: Anybody using IPSI for E&O?

    From what I have read and been told IPSI does not take everyone. You have to have been in business for I think 3 years. They also have a fairly lengthy form for underwriting.

    As for who underwrites them, I seem to recall it being United National Insurance Company Best's Credit Rating Center - Company Information for United National Insurance Company. Give Wally a call, I'm sure he can tell you first hand. Truth be known you really do not have a clue how good your E&O is until you have to use it. I looked into them this past year and almost switched, but I stayed with my current provider out of simply not wanting to jump through the hoops and making the change.

    Scott Patterson, ACI
    Spring Hill, TN
    www.traceinspections.com

  8. #8
    Join Date
    Sep 2008
    Location
    so so, California
    Posts
    1,769

    Default Re: Anybody using IPSI for E&O?

    Quote Originally Posted by Scott Patterson View Post
    From what I have read and been told IPSI does not take everyone. You have to have been in business for I think 3 years. They also have a fairly lengthy form for underwriting.

    As for who underwrites them, I seem to recall it being United National Insurance Company Best's Credit Rating Center - Company Information for United National Insurance Company. Give Wally a call, I'm sure he can tell you first hand. Truth be known you really do not have a clue how good your E&O is until you have to use it. I looked into them this past year and almost switched, but I stayed with my current provider out of simply not wanting to jump through the hoops and making the change.
    Scott, I'm with you buddy. I dont care to change but my wife, well lets say she'll drive 20 miles to save 5 cents for gas, bless her heart.

    The MAZZA INSPECTION GROUP
    www.mazzainspections.com
    Level III Thermo-picture-taker-er...er

  9. #9
    Join Date
    Oct 2010
    Location
    Southwest US
    Posts
    585

    Default Re: Anybody using IPSI for E&O?

    I can tell you that I am with Frea and am involved in a litigation going on 2 years. They have burned through about 100,000 in legal fees and haven't raised my rates or threatened to cancel me and have stood behind me 100%. $3000 a year doesn't seem so bad when you look at the cost of defending yourself.
    Besides, they are a sponsor of IN.


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