A variety of deductibles options from 1500 to 10000 The total dollar amount that will be paid for.

How much is errors and omissions insurance for home inspectors. As we mentioned earlier weve used our claims defense know-how to create state-specific pre-inspection agreements to protect our home inspectors. Coverage can be added for Energy Rating and Mortgage Field Service Inspections. Most EO policies cover judgments settlements and defense costs.

However the average cost of Inland Marine Insurance is 2500 per year. Get Insurance Quotes From AUs Leading Brands in Mins. Premium Discount for Experienced Inspectors and Membership in Professional Associations.

Nor was the home inspector responsible for the claimants legal fees. Includes Deductible Forgiveness Program Up to 1500 reimbursed by warranty company OREP in its 16 th year serving the insurance needs of home inspectors. Anuncio Why Go Elsewhere.

AHSI and InterNACHI recommend home inspectors have both. The homeowner sued the inspector for negligence to recoup the cost of repairs which they alleged came to over 70000. The claim closed at 0 and.

General Liability insurance is often about 500 a year. This depends on your business what you ship and other variables. Anuncio Why Go Elsewhere.

Below are some answers to commonly asked home inspectors insurance questions. For a basic EO policy which does not cover work around hazardous materials the cost can range from 600-1200 per year. Even groundless allegations can cost thousands of dollars in legal defense that can bankrupt a home inspector and their business.