We are all human and sometimes inspectors make mistakes. Your inspector must have the financial ability to fix those mistakes with the right insurance. Make sure your inspector has Errors and Omissions insurance. Does your inspector have a declaration page? Ask him to fax it to you. For an example, see ours at http://www.uprei.com/forms/tabloid/664/default.aspx.
I think it is imperative to take insurance one step further to protect those who refer our service. At UPREI, we cover the referring realtor! Let’s say something goes wrong and a referring realtor is named in a lawsuit. It sounds like a horrible situation. If this ever happens, our insurance will not only cover us, it covers the realtor as well.
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