Home Inspection Services, Errors and Omissions Insurance, E&O
Last Updated (Thursday, 04 December 2008 14:54)
Written by Fathom SEO
Tuesday, 25 November 2008 14:13
You have probably come across the term Errors & Omissions (E&O) Insurance while browsing our site. The average person may not pay this phrase enough attention. However, if you are thinking about buying or selling a home, or planning on having any home improvements done, this term is very important to understand. Any home inspector, or contractor, you work with should have E&O insurance.
So what is Errors and Omissions (E&O) Insurance?
In an article written by Glenda Wertz called The Ins and Outs of Errors and Omissions Insurance, E&O “is the insurance that covers your company, or you individually, in the event that a client holds you responsible for a service you provided, or failed to provide, that did not have the expected or promised results.” Essentially, if a service provider does not meet the standards associated with its industry, resulting in harm or damage to you, the service provider’s E&O coverage will provide you with relief for a valid claim. Barring this coverage, and unless the service provider agrees to pay for any damages out-of-pocket, you may have no recourse.
At Inspect-It 1st, our home inspectors carry General Liability and Errors and Omissions Insurance. This is a sign that we stand behind our home inspection services, giving our customers and realtor associates peace of mind. In the unlikely event one of our certified home inspectors inadvertently misses an item, or misinspects an item, according to the American Society of Home Inspectors’ Standards of Practice, you can be assured the situation will be made right. This coverage applies to all of our services, including:
• Point of Sale Inspections (Buyer)
• Listing Inspections (Seller)
• Home Warranty Inspections
• Mobile Homes
• And more.
We also offer a number of additional inspections for things like pools and spas, radon, and septic systems, and many offices are now even providing energy audits. The exact services provided by our franchised locations typically match local market needs. Interested in our home inspection services? View a Sample Inspection Report and Find the Inspect-It 1st Inspector nearest you.
Professional Home Inspection Services
Inspect-It 1st® prides itself on providing consistent, thorough, and professional home inspection services. Our home inspectors evaluate the condition of the property's major systems and structural integrity, but also evaluate how these systems are working together and identify areas that need to be watched, repaired or replaced. In all up to 500 components will be tested and evaluated during the most complete home inspection available in the industry. You will receive our thorough Inspect-It 1st Report© on all aspects of the property as part of our home inspection services.
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