Home Inspectors

Home inspections can be one of the most important steps when purchasing a home. A good inspection can prevent costly repairs for the buyer for many years to come and gives both sides of the real estate transaction unbiased information to reach an agreement on the condition of the structure being purchased. This also gives the buyer the opportunity to request any repairs before taking ownership.

ASHI & InterNachi recommend that all home inspectors start with general liability and errors and omissions coverage before an inspector ever steps onto a client property. Our team agrees that this is a great place to start.

There are a few more risks that can add up over time and it is important to understand these risks just as inspectors help buyers understand what exactly they are purchasing.

General Liability Insurance

This policy covers basic real estate business risks, such as customer property damage and injuries. Bundle with property insurance for savings in a business owner’s policy.

  • Slip-and-fall accidents
  • Damaged customer property
  • Libel or slander lawsuits
Errors and omissions Insurance

This policy, also called professional liability insurance, can cover legal fees of lawsuits related to your business decisions, including errors and oversights.

  • Property listing disputes
  • Disclosure negligence accusations
  • Inspection and documentation discrepancies
Workers’ compensation insurance

Workers’ compensation insurance is required in almost every state for real estate businesses that have employees. It can cover medical costs for work-related injuries.

  • Employee medical expenses
  • Partial missed wages
  • Lawsuits over employee injuries
Business owner's policy

A BOP bundles property insurance and general liability insurance under one plan. It's often one of the most cost-effective commercial insurance policies for real estate professionals.

  • Customer injuries
  • Damaged customer property
  • Damaged business property
Commercial auto insurance

Commercial auto insurance covers vehicles owned by a real estate business. It can help pay for property damage and medical bills in an accident, vehicle theft, and more.

  • Car accidents
  • Vandalism and theft
  • Weather damage
Cyber liability insurance

This policy helps real estate professionals survive data breaches and cyberattacks. It can cover data recovery costs, customer notification expenses, and more.

  • Data breach lawsuits
  • Customer notification expenses
  • Fraud monitoring costs