Throughout the industry, home inspector insurance rates are becoming lower and more affordable; however, many carriers are raising their rates on their loyal, paying customers.
At Elite InspectInsure, we are committed to our clients. We are constantly striving to offer the most up-to-date, varied coverage we possibly can without raising our rates. Our home inspectors work hard, and we believe that they deserve personalized coverage for their work without paying an arm and a leg.
Lawsuits Against Home Inspectors Can and Do Happen
While a home inspector may simply be doing his or her job, lawsuits can be brought up for all kinds of different reasons. Recently, a family in New Jersey sued a home inspection company after their newly purchased home turned out to have unstable flooring, a leaky roof, and bad wiring. The case settled for $37,000. Given the fact that more than half of home inspectors are sole proprietors, this kind of lawsuit can be devastating. That’s where e&o insurance for home inspectors comes in.