For a basic EO policy which does not cover work around hazardous materials the cost can range from 600-1200 per year.

Cost of e&o insurance for home inspectors. Why does a Home Inspector need insurance. Insurance Errors And Omissions Insurance Cost For Home Inspectors On December 17 2020 by. Please keep in mind that the cost of home inspection insurance varies widely.

The coverage applies to expenses related to the investigation and defense of claims including sums that you become legally obligated to pay as damages. Anuncio Choose The Cover Option That Suits You - Optional Extras Choice Of Excess. Home inspector EO coverage indemnifies the home inspector for claimslawsuits alleging negligence of professional services.

This protects you from the crippling costs that a lawsuit can bring with defense costs damages and loss of assets. Get Insurance Quotes From AUs Leading Brands in Mins. Home insurance cost - Search for Quality Homes Near You on Mitula.

The annual program maximum is 1000 per person excludes Class I services. Anuncio Home insurance cost - Search through the best Property listings on Mitula. Premium Discount for Experienced Inspectors and Membership in Professional Associations.

Home inspector insurance cost is affordable and worthwhile. Home insurance cost - Search for Quality Homes Near You on Mitula. For inspectors testing Radon mold asbestos and other hazardous materials the cost can often starts at 2000 per year.

If you want to sleep at night you need to get full EO and liability insurance. This policy also known as errors and omissions insurance protects building inspectors against lawsuits from clients claiming that you made errors during an inspection delivered a report late or were negligent in an inspection. Coverage can be added for Energy Rating and Mortgage Field Service Inspections.