A Harder Look At The Insurance For Home Inspectors Las Vegas Requires
When you are searching for a reliable home inspector choosing one who is properly licensed, certified, and insured is your best bet. While having homeowners insurance is smart, it is not going to be there for you when something maintenance related goes wrong. These types of problems are up to you to deal with. Still, there are times that you should not be considered “at fault” for damages. For example, you may receive a home inspection that fails to highlight problems with your home. The problems might end up leading to serious damages in the future. In a scenario like this, having a home inspector that is insured will pay off. Take the time to learn about the types of insurance for home inspectors Las Vegas requires, and what they cover. This knowledge might come in handy.
Insurances That Are Required For Home Inspectors Las Vegas
The requirements for Las Vegas home inspectors in regards to insurance are always available for you to look at. In Nevada, a home inspector must carry both general liability, and errors and omissions insurance. Both of these insurance plans must have a limit of at least $100,000 per policy period. If you are searching for home inspectors Las Vegas residents can trust, and you notice that an inspector does not meet these insurance requirements; keep searching.
What Is General Liability Insurance?
General liability insurance will be there in the event that something should go wrong during the inspection itself. This could mean anything from a vase breaking, to a ladder falling over and injuring someone. If you are the victim, you are probably going to want to hold someone accountable in either scenario. The claim that you make will go to the insurance company. Contrasting from an errors and omissions claim, a general liability claim is easy to prove. If this happens, and your inspector holds the proper insurance this process should go smoothly. This is because they have the insurance company ready to compensate you for not only the cost of the inspection, but for the damages as well.
What Is Errors And Omissions Insurance?
If an inspectors fails notice or mention that there are problems with the angle of the sloping of the house, and you experience water damage later on; errors and omissions insurance might be your best friend. If you are in need of repairs due to a mistake that the inspector made on the report, you can make a claim against the inspector. Unfortunately these types of claims are very hard to prove. If your home inspector doesn’t have insurance to reimburse you for damages, you might be left high and dry. Home inspectors Las Vegas trusts will have errors and omissions insurance. Proving liability is hard in these cases, but Insurance is there to protect you in case something goes wrong. You should not have to pay for mistakes you didn’t make.