Contact your E & O legal and get advice from them on how to proceed.Complaint filed from a "Non-Intended User" of course it's about value, board asked for file, now I am under the microscope. hearing next week, any advise, thought?
I have worked a few hundred state board cases. If you want to chat just reach out by PM. I would not discuss too much in a public forumComplaint filed from a "Non-Intended User" of course it's about value, board asked for file, now I am under the microscope. hearing next week, any advise, thought?
100%. I have never seen an E&O policy that did not require immediate notification in the event of a complaintP
Contact your E & O legal and get advice from them on how to proceed.
Correct if you fail to notify your carrier you risk losing your coverage. Although most policies don't cover a very large amount on State Board Complaints anyway most now are only $5K to $10K BUT sometimes their legal can give guidance to the appraiser and help come up with a strategy including getting an-extension to give the appraiser time to establish a good work file and defense and-what to not say or do. In general forums are not good places for legal advice and yes we all want to help but often we hurt more than help. Each State Board is different and some are real brutal and others quite appraiser friendly in CA I have seen some real horror stories over the years including friends who got hammered.100%. I have never seen an E&O policy that did not require immediate notification in the event of a complaint
They may provide like so much in personal legal expense for a lawyer to appear with them.Correct if you do not report any complain to your E & O Provider you risk
Correct if you fail to notify your carrier you risk losing your coverage. Although most policies don't cover a very large amount on State Board Complaints anyway most now are only $5K to $10K BUT sometimes their legal can give guidance to the appraiser and help come up with a strategy including getting an-extension to give the appraiser time to establish a good work file and defense and-what to not say or do. In general forums are not good places for legal advice and yes we all want to help but often we hurt more than help. Each State Board is different and some are real brutal and others quite appraiser friendly in CA I have seen some real horror stories over the years including friends who got hammered.