Re: Insurance....yes or no

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Matt: No one said you are nuts. Slow down, re-read that post.

On 9/22/05, Guess Who wrote:
>
> Dear Mr. Know-It-All
>
> Why are you posting this information if you have it
> ALL-Figured-Out? If you think you know the system that well,
> then good for you! Think your nuts? No, but you might be
> crying one day because you have lot it all.
>
>
> On 9/21/05, Matt wrote:
>> I own a home inspection company.
>>
>> After my insurance company raised my errors and omissions
>> insurance 20 percent when I had NO claims, I dropped them.
>>
>> For my 3,000 dollar yearly premium I got arbitration from
>> my insurance company. I still have an arbitration clause
>> in my inspection contract. The arb USED to be done by my
>> insurance company. Well, now I have arb done by the BBB
>> in my agreement. This costs 600 dollars per year.
>>
>> I have been reading on the web about arbitration companies
>> being declared (sp) unfair and allowing clients to sue
>> anyway. My old insurance company used an arb company
>> who's owner was a disbarred lawyer. He was stealing from
>> clients, neglecting clients from what I have read.
>>
>> I have never been sued. I have sued other people. The
>> first thing the lawyers want to know is the facts....do
>> they have a case. The second thing they want to know
>> is....DO THE PEOPLE BEING SUED HAVE INSURANCE????? No
>> insurance, no lawsuit because they know that even if they
>> do win....without insurance, they may never see a dime.
>>
>> In Michigan, doctors to not have to carry malpractice
>> insurance. Neither are home inspectors.
>>
>> I just rely on BBB arb clause in my inspection agreement
>> to protect me along with my LLC.
>>
>> Now you lawyers tell me why I am nuts.