Home Inspector Coverage Details

Home Inspector Policy/Program Details

(Please note: Certain coverages vary by state. Please ask your OREP agent.)

• Broad protection against the unique E&O exposures facing home inspectors.

• Includes Errors and Omissions Insurance and General Liability.

Coverages Available: Radon, Termite/WDI/WDO, Prior Acts, Lead Paint, Pool & Spa, EIFS/Stucco, Indoor Air Quality Testing, Green Building Inspections, Infrared Thermography, Rodent inspections, Mold, Septic/Water testing, and more.

• Limited Coverage for real estate agents, brokers, mortgage lenders & relocation companies automatically named as additional Insureds for referrals.

• Limited Coverage for commercial and industrial inspections.

• Coverage can be added for Energy Rating and Mortgage Field Service Inspections.

*Please note: Coverages vary by state.

Special Policy Features

• Policy includes coverage for all the inspectors employed by the firm and independent contractors.  Independent contractors are part of the definition of “insured” with this policy.

• Policy includes punitive damages.

• Up to three years Extended Reporting Period coverage (or “tail” coverage), should you decide to retire or sell/close your business.

More Policy/Program Notes:

  • Duty to Defend and “pay on behalf of” contract

  • 1,2 & 3-year Extended Reporting Period (ERP) options available

  • Defense Outside the Limit of Liability available

  • Limited Personal Injury Coverage Built In

  • 50% deductible reduction if the Insured agrees to use mediation and the claim is resolved by mediation

  • Coverage for suits against spouses and domestic partners of the Insureds

  • Coverage for Independent Contractors of the Insured (subject to terms in the policy form)

  • Tailored definition of Professional Services — provides individually crafted policies to accommodate approved services under one policy.

  • Automatic Coverage for acquired or created Subsidiaries (subject to terms and conditions of the policy)

  • Automatic 30-day post reporting period