For Realtors and Brokers—
Are you protected when you refer a home inspector?
At Look First Inspections you are.
Look First Inspections carries a referring agent's endorsement.
Not all inspectors do.
Limited Additional Insured Endorsement (Referrals)
Insurers agree to extend coverage provided by this policy to include the referring Real Estate Agent or Broker, Lending Institution, Relocation Company and/or Real Estate Attorneys and their agents or employees to indemnify the referring Real Estate Agent or Broker, Lending Institution, Relocation Company and/or Real Estate Attorneys and their agents or employees for those sums they become legally obligated to pay by reason of damages for wrongful referral arising out of any occurrence occurring during the Policy Period, subject to the terms of the Policy, provided all claims are referred to insurers for consideration and investigation. No coverage is provided for any damages other than wrongful referral.
There is no deductible to the Agent or Broker!
Why refer anyone else to do inspections?
This brochure offers only a brief description of the insurance coverage. It is only a summary and is not intended to represent a contract. Not all policies have this endorsement. For complete information, please refer to the policy for specific coverages.