Errors and Omissions Insurance Education

Home inspectors have many things to concentrate and report on during the course of an inspection. There are multiple areas of concern which need to be inspected, such as the foundation, the roof, the electrical system, and the plumbing. Depending upon the state and age of the property, there may also be a number of…

Insurance is a safety net that can relieve some of the stress of everyday life. Although no one wants to imagine or anticipate an emergency occurring, the reality is that you never know when you will find yourself in a tough situation. As a property inspector, there are often unknown factors you have to contend…

Carrying Errors and Omissions (E&O) and General Liability (GL) insurance as a home and/or building inspector is important contrary to what some people might tell you.  Like any form of insurance, E&O and GL are designed to protect you from unforeseen or unintended circumstances that result in some sort of loss or hardship for others. …

Even seasoned home inspectors can be unaware of the nearly infinite number of hidden dangers in a home that can wreak both financial and physical damage to homeowners and occupants. Regardless of how thorough their inspection, it is the home inspector that will be held accountable for the fallout from not identifying and reporting the…

Every home inspector understands that it is imperative to have E&O insurance coverage to protect them and their business. The challenge comes in having an understanding of that E&O insurance policy so that the inspector knows what he is protected against and what he is not protected against. Errors and Omissions (E&O) is the insurance…

All professionals are open to insurance claims especially home inspectors looking for E&O insurance, and ensuring that their business is properly protected against claims is an essential task for business owners. Because some claims may not be reported until months or sometimes years after the event that triggered them it can be necessary for businesses…

If your business provides consultations, services, or sales, Errors and Omissions Insurance shields you from claims by clients against services rendered or professional guidance. Clients have the ability to file claims if an error or omission results from your services or failure to provide them. There are multiple types of insurance coverage for these issues,…