The first agent I called was mine…State Farm stopped writing GL for home inspectors 9/2009 because of Chinese Drywall!? Seriously! Hold on to your current policy because its going to get ugly!
I called EVERY major carrier…Allstate, Farmers, AmFam, The Hartford, Nationwide, Liberty, 20+ brokers and more! One problem is, of the ones that do write “stand alone” GL, they don’t write it in Alaska.
Dan, I think you misunderstood my original post… I’m looking for GL without E&O. Everyone is willing to sell E&O by itself, that not the problem! I don’t want E&O! Again, I spent 7 hours today on this not little issue and here’s where it stands…This is the response that all most all of them gave me;
The reason that companies don’t want to provide General Liability without E&O is that they could be drawn into a lawsuit that normally would be and E&O matter. The main exposure for inspection service is E&O; GL exposure is almost zero. The situation would much be like a doctor who has General Liability coverage for his office but no malpractice insurance. What the State of Alaska requires and what underwriters are willing to take on are two completely different things. In my judgment the state requirement is very inadequate and sets up a company to be licensed but uninsured when it comes to the main service the company provides.
Hope this helps,
Select Account Executive
AlaskaUSA Insurance Brokers"*
On the bright side, I have two companies looking into it and one broker said the following;
*"I have an underwriter that will entertain / exclude the E&O, If you would like to discuss please give me a call. *
Alaska Service Agency"*
Throw some luck my way if you’ve got any extra…Thanks again for the help!