What is Errors and Omissions Insurance?

1
What is errors and omissions insurance

• And why do you need it?

2
What is errors and omissions insurance?

• Insurance that protects you as a home inspector
  from lawsuits
• Lawsuits can arise for a number of reasons, but
  it usually has to do with an oversight or mistake
  on the job.
• A form of professional liability insurance.

3
Why do you need it?

• To protect your finances
• Most home inspectors dont have big corporate
  bank accounts backing them up. And in some cases,
  a home inspector is his own business (which mean
  his own finances for himself and his family are
  at stake.)

4
Why do you need it?

• To protect your reputation
• Even the most experienced home inspector makes
  mistakes, especially in complex areas like air
  conditioning and heating systems, basements and
  attics, electrical systems, interior plumbing,
  etc.

5
Why do you need it?

• To meet state requirements
• Certain states mandate that home inspectors carry
  a specific amount of EO insurance. Click here to
  learn the requirements in your state.

6
How do you obtain it?

• Get a quote for the insurance package that is
  right for you at www.eiipro.com, or by calling
  800-355-1185.