Joined: 01/30/2020 02:20 PM EST
I hope that you are all well and safe during this time. Right now, it's more important than ever to be managing your risk. Read about what Bob Pearson, who we consider to be The Godfather of home inspection insurance, has to say about effectively managing your risk.
When Bob Pearson sees a need, he fills it. Having performed over 10,000 home inspections himself, Pearson has a unique and unparalleled understanding of home inspecting. As such, he was able to use his knowledge to create an insurance program for a profession that insurers hadn’t really figured out.
He helped develop a professional liability (or errors and omissions) insurance program catered to inspectors. The program featured unique coverage endorsements, like the first ever referring party indemnification rider for real estate agents. And it offered inspectors coverage for a reasonable rate.
In fact, Pearson was one of the first people to teach home inspectors about risk management. He began lecturing at various national and regional association conferences. Additionally, he published several articles on risk management.
As partners, we value Pearson’s continued contribution to insurance and inspection industries. In this article, we highlight a few of the risk management lessons Pearson considers most valuable.