§ 7509. Liability insurance.
121 words·~1 min read·
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§ 7509. Liability insurance.
(a)Required insurance.-- A home inspector shall maintain insurance against errors and omissions in the performance of a home inspection and general liability, with coverages of not less than $100,000 per occurrence and $500,000 in the aggregate and with deductibles of not more than $2,500.
(b)Term.--
(1)Except as set forth in paragraph (2), a home inspector shall maintain insurance under subsection
(a)for at least one year after the latest home inspection report the home inspector delivers.
(2)Paragraph
(1)shall not apply to a home inspection report that was delivered prior to the effective date of this section.
68c7509v
Cross References. Section 7509 is referred to in sections 7511, 7513 of this title.
68c7510s