HI warranties

escanlan · September 8, 2016, 10:47am

Good to see you back Jim!

gromicko · September 10, 2016, 4:36am

An insurance agent with a very well known insurance company sold himself a policy on a commercial building that was hit by a very destructive hail storm in May of this year. The adjuster that the insurance company sent out to inspect the building determined that the cost to repair the damage amounted to $1,126.42 and, after applying his $1K deductible, wrote him a check for $126.42.

The agent argued his case to everyone in his company that would listen to him to no avail. He contracted with me to represent him with his claim in July. After 30 days of additional negotiations (with a new adjuster assigned to the claim), the carrier agreed to settle for $115,100.00.

Earlier this year, the current owner of a former cathedral with a very large slate roof hired me to represent his denied insurance claim that (after five months of negotiations) resulted in a settlement for $130,000.00.

In between these two claims were dozens of similar instances where home owners were grossly underpaid by their insurance company. In a few, I was able to assist the insurance company in identifying third parties from whom they could subrogate and be reimbursed for the money that they paid to my clients from “warranties” on poor workmanship.

A few years ago, a freckled, red headed crook tried to sell certain types of home “warranties” in Missouri that (under Missouri law) fell under the Department of Insurance for regulation and required him to be properly vetted and licensed. I sent a copy of his “warranty” to the state and they received written assurance from him that he would no longer attempt to sell them in Missouri. I haven’t run across any, so I am assuming that he is in compliance.

What home inspectors need to know about these “warranty” gimmicks is this … when the interior of the home is damaged from water intrusion and the insurance carrier pays the homeowner for damage to that interior, the insurance company will turn the case over to their attorneys to find someone to collect from. Be sure you are not that guy.

Nice job helping your clients Jim. With dollar amounts like that, those people will remember you for the rest of their lives.

And welcome back to the forum sir.

rzink · December 23, 2017, 1:10pm

**[FONT=Garamond][size=4][size=5]… Has anyone else been Sued by Residential Warranty Services…He, P. [/size]Nathan Thornberry has indicated he plans on Suing me for posting information on warranties on social media frequented by other Inspectors and Real-Estate people. **[/size][/FONT]
[FONT=Georgia][/FONT]
[FONT=Georgia][size=3]In my mind all I am doing is comparison marketing… I charge about a 1/3 less than the other inspectors that hawk the warranties and I posted some comments from licensed experts such as plumbers and a Mold guy about the warranties. For the most part I took out the name of the Warranty Company but did post some links to sites that posted complaints from home buyers. Thanks for your thoughts and information… By the way I might just be lucky but only once since 1985 did I get a call about a sewer back up… and the client called me back later saying that they found out his son flushed some toys down the toilet and that was the cause. [/size][/FONT]

escanlan · December 23, 2017, 2:33pm

rzink:

**[FONT=Garamond][size=4][size=5]… Has anyone else been Sued by Residential Warranty Services…He, P. [/size]Nathan Thornberry has indicated he plans on Suing me for posting information on warranties on social media frequented by other Inspectors and Real-Estate people. **[/size][/FONT]

[FONT=Georgia][size=3]In my mind all I am doing is comparison marketing… I charge about a 1/3 less than the other inspectors that hawk the warranties and I posted some comments from licensed experts such as plumbers and a Mold guy about the warranties. For the most part I took out the name of the Warranty Company but did post some links to sites that posted complaints from home buyers. Thanks for your thoughts and information… By the way I might just be lucky but only once since 1985 did I get a call about a sewer back up… and the client called me back later saying that they found out his son flushed some toys down the toilet and that was the cause. [/size][/FONT]

What type of information did you post other than what is described above? Did you post any opinions with it?

frotte · December 23, 2017, 9:21pm

Uh oh. Have fun with that. You must not be a home inspector, because he doesn’t sue home inspectors.
I have nothing but nice things to say about these products.
Is that blood in the water.?

ccurrins · December 23, 2017, 11:13pm

rzink:

**[FONT=Garamond][size=4][size=5]… Has anyone else been Sued by Residential Warranty Services…He, P. [/size]Nathan Thornberry has indicated he plans on Suing me for posting information on warranties on social media frequented by other Inspectors and Real-Estate people. **[/size][/FONT]
[FONT=Georgia][/FONT]
[FONT=Georgia][size=3]In my mind all I am doing is comparison marketing… I charge about a 1/3 less than the other inspectors that hawk the warranties and I posted some comments from licensed experts such as plumbers and a Mold guy about the warranties. For the most part I took out the name of the Warranty Company but did post some links to sites that posted complaints from home buyers. Thanks for your thoughts and information… By the way I might just be lucky but only once since 1985 did I get a call about a sewer back up… and the client called me back later saying that they found out his son flushed some toys down the toilet and that was the cause. [/size][/FONT]

Can’t help you with Nate’s threat, other than maybe stand in line.

I do have a question though. Your profile says you’ve been a member since 2005 and you’re identified as a community guest. What exactly is a “community guest”? Is that an error that should have you identified as an inspector/member?

mgoldenberg · December 24, 2017, 1:24am

Huh?

         **Certified home inspectors with last names starting with "Zink"**

            Sorry, but we weren't able to find any certified InterNACHI members         matching your search.

jbushart · December 24, 2017, 2:05am

rzink:

**[FONT=Garamond][size=4][size=5]… Has anyone else been Sued by Residential Warranty Services…He, P. [/size]Nathan Thornberry has indicated he plans on Suing me for posting information on warranties on social media frequented by other Inspectors and Real-Estate people. **[/size][/FONT]
[FONT=Georgia][/FONT]
[FONT=Georgia][size=3]In my mind all I am doing is comparison marketing… I charge about a 1/3 less than the other inspectors that hawk the warranties and I posted some comments from licensed experts such as plumbers and a Mold guy about the warranties. For the most part I took out the name of the Warranty Company but did post some links to sites that posted complaints from home buyers. Thanks for your thoughts and information… By the way I might just be lucky but only once since 1985 did I get a call about a sewer back up… and the client called me back later saying that they found out his son flushed some toys down the toilet and that was the cause. [/size][/FONT]

Is this punk still in the lead harvesting business? Inspectors still swap personal data about their clients with him in exchange for useless gimmicks after all of the years of disclosure about that racket? The last I heard about him was that he was marketing candles that smelled like human excrement or something like that.

Lead brokers cannot sue you for posting the truth; however, if you entered into one of those shady contracts floating around that “forbid” you from publishing negative information about the lead broker or any of his worthless products, a lead broker might attempt to sue you for breach of that contract under the assumption that you will not challenge his frivolity in court. Either way, you pay.

That is one of several penalties for betraying the trust placed in you by homebuyers that hire you and feeding their data to one of these lead brokers. It is one the reasons that prudent home inspectors do not enter into agreements with lead brokers.

It might be too late for you but there could be a newby reading this that can gain from your bad experience. Good luck.

jburkeson1 · December 24, 2017, 10:53pm

“♫ ♬ Jim… I’m makin’ a list, checkin’ it twice, gonna find out who’s naughty and nice… ♩ ♪ ♫ ♬”

jbushart · December 25, 2017, 1:22am

LOL. I’m sure you had a good reason for posting a close-up photo of Nick Gromicko’s hemorrhoids to the message board on Christmas eve, Joe, but perhaps mistletoe would have been better. Merry Christmas.

frotte · December 25, 2017, 10:07am

I guarantee you a screen shot of this page will be forwarded to the appropriate party.