Property Preservation E&O

  • Agent
    Posts: 4
    Posted: May 10, 2012 5:13 pm
    mayn400
    Need a company that does low cost professional liability for property preservation company. Looking for an easy to use online quoting. Does anyone know of a company that can assist in this?
    D. Maynard
  • Posts: 6
    Posted: May 11, 2012 9:00 am
    FoxPoint
    Good morning,

    I currently have an option for Property Preservation E&O through the carrier USLI. Unfortunately we do not have an online system for this product at this time.

    If you would like to be considered for quoting I will need you to complete an application and send it in via email or fax. The application is easy to complete, the carrier has competitive rates and a quick turnaround time.

    If you are interested in completing an application to be considered for quoting, please contact me at megan.franco@foxpointprg.com or (302) 765-6029.

    I look forward to speaking with you.

    Thank you,
    Megan Franco, Professional Liability Underwriter
  • Posts: 92
    Posted: May 11, 2012 12:57 pm
    GSSINSURANCE
    If this is for California or Nevada, we can help you.  We currently do not have an online system that this can be rated on but if you send an Acord 125 & 126 we usually turn the quotes around within 24 hours.  Our program also includes teh general liability, with minimum prmeium at $500.00.  Please send your submission to submissions@gssinsurance.com.

    Greg Santolucito
    GSS Insurance Services
    P: 760-947-5500
    F: 909-494-7854
    www.gssinsurance.com
    info@gssinsurance.com
  • Posts: 3
    Posted: May 11, 2012 3:23 pm
    JoanD1
    James Suh at Crump Insurance has an online solution for you.  His contact information is as follows, contact him and he can walk you through the simple on line process.
    james.suh@crumpins.com
    phone - 303-481-6355
    cell - 720-412-0166
  • Posts: 1
    Posted: May 14, 2012 9:50 am
    site-manager
    Based on my 6 years experience as a vendor in the P&P industry, you will most likely need a general liability policy as well as an Errors and Omissions insurance (E&O) policy.

    More importantly, many national Property Preservation Companies are requiring their vendors to purchase their E&O from a company on their "approved provider list". From what I have been told, this is mostly because the E&O policy needed for Real Estate Sales Professionals is much different than what you will need as a Property Preservation contractor. And 90% of the companies that sell E&O are not aware of this. Regardless of anyone's opinion on whether or not this is fair, you might want to check with your potential clients before purchasing any policy.

    There are 3 main companies that specialize in providing Errors and Omissions Insurance for Mortgage Field Service Companies, which is what you are looking for. You can find their contact info and more about this topic at this  page on my website dedicated to Property Preservation Insurance.

    Just figured you might want to know.
  • Private Investigator/Principal Insurance Agent
    Posts: 1
    Posted: Jan 13, 2014 11:02 am
    pavman
    Perhaps I could save folks a little time - UPDATE AS OF JANUARY 2014:

    I contacted James Suh at CRC Crump: nice guy, but there was no "simple on line process" - was the typical here's the app, we'll have you quote back once we process it.  Also, James mentioned CRC Crump is "not a market for risk under $5000 in premium".

    OREP does not work with agents, does not pay commisssion: direct only.

    If anyone has discovered method to access program an independent agent can place client with - please let us know.


    |||||| PHIL PAVARINI, JR. |||||| Private Investigator, Principal Insurance Agent
  • Posts: 4
    Posted: Feb 20, 2014 12:22 pm
    CSRisks
    I have quite a few carriers willing to write property preservation/mortgage field work with premiums less than $5k.  We are a wholesaler and we definitely will work with an independent.  Plus, we never charge a broker fee.  Let me know if I can help.
  • Posts: 4
    Posted: Feb 20, 2014 12:22 pm
    CSRisks
    Niccole Barnes
    Capitol Special Risks
    nbarnes@csrisks.com
    www.csrisks.com
  • Posts: 1
    Posted: May 12, 4:15 am
    Joannee
    check this out guys http://coveradvantage.ca/
    Professional Liability Insurance I find them very affordable and has a great services and reliable advice.
<< previous next >>