What is a common reason for having general liability insurance as a home inspector?

Having general liability insurance as a home inspector is crucial because it provides protection against claims of property damage that may arise during the course of an inspection. Inspectors are often in and around clients' homes and properties, and accidents can happen, such as accidentally damaging a wall or a fixture. General liability insurance helps cover the costs associated with such claims, including legal fees and settlement costs, ensuring that the inspector is financially safeguarded against unexpected liabilities.

While insurance does not cover unpaid fees, licensing costs, or warranty services, it specifically addresses the risks associated with physical damage to property, which is a prevalent concern in the home inspection profession. This coverage is essential for maintaining trust and professionalism in the industry, as it reassures clients that they are protected in the event of an incident occurring during the inspection process.