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What Is Errors And Omissions Insurance?


Errors and Omissions Insurance, sometimes simply referred to as "E & O" is a professional liability insurance policy which covers the policyholder for negligent acts and acts of omission that may harm his or her clients. In the event you are named in a lawsuit, a good Errors and Omissions liability policy can help limit your out-of-pocket expenses and/or penalties.

PHII's home inspection coursework has been reviewed and approved by the Allen Insurance Group and the Foundation of Real Estate Appraisers (FREA) for home inspector errors and omissions insurance. In many states, E & O insurance is required in order to perform inspections and requires training by an approved provider - such as PHII - in order to qualify for coverage.

Frequently Asked Questions

From PHII Home Inspection School students & graduates