Errors & Omissions (E&O) insurance coverage is required for residential and commercial building inspectors in nearly every U.S. state. In fact, many real estate agents, home buyers and home sellers will not work with an uninsured inspector. Yet E&O is a burdensome expense to many inspectors, particularly independents. Now HomeSafe has a solution that will take care of your E&O insurance needs and save you money!
HomeSafe's special E&O insurance group policy is available only to HomeSafe-trained, licensed and certified home inspectors. Most E&O policies either exclude infrared or are vague about their coverage. HomeSafe's licensee's can join our group E&O coverage which does not exclude IR at rates that could save you enough to pay for your licensing fees. HomeSafe's group policy starts at $1,750 and is far more comprehensive. That's a savings of $104 each month on E&O insurance, helping to offset your HomeSafe licensing fee substantially!
What's Covered:
Building inspections - includes a home or business
Component inspections
Fire safety inspections
Child safety inspections
Senior adult safety inspections
Energy loss inspections
Septic inspections
Roof/systems inspections
Radon testing
Detection of insects or rodents as long as they can be detected without drilling into foundations, removal of walls or rugs/carpets/furniture (HomeSafe's termite detection process and technologies are non-invasive)
The usage of infrared in a home inspection is not excluded from this policy, and the insurer has been made aware that this is a specialty of all inspectors working in the HomeSafe network
Areas highlighted under the "What's Covered" section above are not included in traditional inspection insurance policies. Some, in fact, are specifically excluded from conventional policies. HomeSafe's E&O policy empowers inspectors to offer more and better services to their clients and distinguish themselves from their competitors.
To learn more about HomeSafe's specialized, moneysaving E&O insurance policy, call us today at (866) 327-7233.
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A report by the U.S. Department of Energy recommends getting an infrared scan of a new house prior to purchase, particularly if you are concerned about energy loss issues.