§1481. Insurance requirements
A.(1) All active practicing licensed home inspectors shall carry errors and omissions
insurance to cover all activities contemplated under this Chapter.
(2) The board shall establish the terms and conditions of errors and omissions
insurance coverage, including but not limited to the permissible deductible, limits of liability,
and permissible exclusions. Such terms and conditions shall be established by rule in
accordance with the Administrative Procedure Act.
(3) Each licensee shall file with the board a certificate of coverage showing
compliance with the required terms and conditions of coverage by the annual license renewal
date.
B. In addition to general errors and omissions insurance, all active licensees shall
carry general liability insurance to cover all activities contemplated under this Chapter.
Acts 1999, No. 61, §2; Acts 2003, No. 568, §1; Acts 2017, No. 328, §1.