Many states require Error & Omission Insurance before a home
inspector can get a license to perform inspections in their approved
state. Sometimes this is referred to as Home Inspectors Insurance.
However, even in states where the insurance is not required, it makes
sense for home inspectors to purchase it as possible protection in the
event of a lawsuit. Home inspectors need two types of insurance,
general or premises liability and errors and omissions insurance.
General liability insurance can protects them from events occurring
during the course of the inspection, while errors and omission
insurance protects home inspectors from problems that may occur as a
result of an error or omission in their inspection. Read More
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