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The Nation’s “Premier” Property Inspection Company
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Inspectit1st.com
<website>.com
Offering peace of mind backed with 16 years of experience.
Respected national brand. Unrivaled customer service and support. Over 15 billion $$ worth of property
inspected.Our goal is simple…to provide the right
balance of technical detail and business sensitivity, to the art and science of property inspection
We carry errors and omissions, general liability, and NARREP sponsored 3rd party indemnity to protect our valuable referral sources.
FREE 90-day buyers/120-day sellers warranty
The Inspect-It 1st Difference
Insurance…3 Types…General Liability, for Property damage and personal injuryProfessional Liability (E&O), for errors/omission in your report that lead to property damage/injury or lossMany inspectors don’t carry E&O, some estimates as high as 90%WHY? Inspection agreement language…liability limited to the cost of the inspection, and money back guarantees. Inspection agreements are NOT bulletproof!
Insurance…3rd Party indemnity (referral). Protects the Broker, Realtor, title company, attorneys, lending institutions, relocation companies, etc. from wrongful referral. 2 Types of policies…Claims made…cheaper alternative. Coverage provided for claims made during policy period only. Must keep current or all is lost. Must purchase prior acts coverage if switching carriers.Occurrence…provides coverage for a covered act which takes place during the policy period and for 4 years thereafter. More expensive initially, vastly superior, long-term protection.
Insurance…Realtors and Clients assume they’re protected when if fact they are notProtection and peace of mind should never be an empty promise. Why? What do we sell?
The American Dream
It’s our obligation and commitment as real estate professionals to do everything in our power to keep that dream from becoming a nightmare.
OSHA Compliance…Managing risk begins with training
30-hour OSHA outreach program for construction
Respiratory protection
Confined space training
Safety equipment
Claims History by System• 32%-Structure• 18%-Roof• 12%-Water Penetration• 8%-Termite• 6%-HVAC• 5%-Plumbing• 5%-Interiors• 5%-Other• 4%-Pool• 2%-Exterior• 2%-Electrical• 1%-Appliances
Source: Allen Insurance Group
Claims Interval
• 60%-within 12 months• 80%-within 18 months• 90%-within 24 months• 99%-within 36 months
Source: Allen Insurance Group
Inspect-O-House of Florida(fictitious name, real info)
Number of inspections and years of experience? Over 36,000 combined inspections representing more than 40 years of combined inspection experience. Qualifications & certifications?Certified ASHI inspectors (American Society of Home Inspectors) Certified FABI inspectors (Florida Association of Building Inspectors) Professional engineers Certified general contractors (CGC #??????)Members of the SBCCI (Southern Building Code Congress)Certified 203K consultants (HUD) Inspection scheduling? Flexible scheduling 7 days a week Administrative back up? Full service office 8:30 - 5:30 Monday through Friday24 hour answering service back upUse web site to request an inspection or ask questionsInsurance carried? General Liability Insurance
Member Requirements Requirements to Become a Certified Under-insured building inspector: In order to ensure the highest quality inspectors for all CUBI users, CUBI is committed to supporting all organizations dedicated to the home inspection profession. To be a CUBI-approved inspector, inspectors must have at least the following:
1. 250 full fee-paid inspections
2. General Liability Insurance (min. $300,000)
3. Have been in business at least 2 years
4. Have passed the National Home Inspectors Examination or Equivalent
5. Have maintained at least 12 hours minimum continuing education hours annually
6. Inspectors must also sign and notarize a Criminal History Affidavit and fax to 888.331.0716.
Master Building Inspector, ASHI and NAHI members meet the requirements of CUBI. Once you have registered, the Criminal History Affidavit will be emailed to you.
Click Here to register today.
If you have any questions please Click Here
Risk Management…what are our options?
Realtors can reduce their liability by referring the right inspector and being named as an additional insured.Inspectors mitigate their liability risk by following state or trade association requirements, having the right insurance, and obtaining the right trainingProactively reducing your liability is better than trying to limit or shield liability contractually (although a good contract and good insurance are very important)While past performance is not a guarantee for the future, it’s a powerful indicator. Inspect-It 1st has performed over 150,000 inspections without a lawsuit
The Inspect-It 1st Difference
Your clients expect and deserve the best property
inspection money can buy. Please remind
them...
Before they buy or sell...
Inspect-It 1st
Our Warmest Thanks!