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How much does e&o insurance cost for home inspectors. The median cost offers a more accurate estimate of what your business is likely to pay than the average cost of business insurance because it excludes outlier high and low premiums. Home Building and Contents Cover Even If You Forgot the Door or Window Unlocked. Single vision lined bifocal lined trifocal and lenticular lenses are all covered 100.
For a basic EO policy which does not cover work around hazardous materials the cost can range from 600-1200 per year. How Much Does Home Inspection Insurance Cost. Home inspector EO coverage indemnifies the home inspector for claimslawsuits alleging negligence of professional services.
For inspectors testing Radon mold asbestos and other hazardous materials the cost can often starts at 2000 per year. We Can Help You Too. Dont Just Read it DARE It.
Here we have everything you need. Low 1500 Deductible from year one most insureds. Regardless of policy limits the median monthly cost of errors and omissions coverage is 59 713 annually.
Get a Quote Now See How Much You Could Save. Why Do Home Inspectors Need Insurance. The median cost of building inspector professional liability insurance is about 115 per month or 1400 annually.
Both plans have a 150 frame co-pay. 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. The average price of a standard 10000002000000 General Liability Insurance policy for small home inspectors ranges from 37 to 49 per month based on location size revenue and more.