Home Inspector Bonds

What Are Home Inspector Bonds? 

Home inspector bonds ensure that home inspection providers are held accountable for any damages they may cause, protecting clients and ensuring compliance with rules and regulations. 

If a client believes a home inspector has acted unethically or illegally, they can file a claim against the bond. This prompts the surety company to investigate and pay the claim, if valid. The surety will then seek reimbursement from the home inspector for the amount paid, plus interest and fees.

How Much Do Home Inspector Bonds Cost?

Home inspector bond costs vary based on the bond amount required by the state. Applicants with strong credit can expect to pay around 1–3% of the total bond coverage. For example, the $10,000 Alaska home inspector bond starts at $100 and the $25,000 Arizona home inspector bond is $250. Apply now for an exact quote.

Who Needs a Home Inspector Bond? 

A home inspector bond is usually required for individuals or businesses offering home inspection services in Ohio, North Carolina, Alaska and Arizona. Select your state below to learn more and apply.

How Do Home Inspector Bonds Work? 

A home inspector bond binds three parties in a legal arrangement:

1. Principal: The home inspector who obtains the bond to operate legally and provide services to clients.
2. Obligee: The client that requires the bond to ensure protection and compliance.
3. Surety: The surety company that issues the bond and guarantees the principal’s obligations to the client.

In this contract, the obligee and the public are protected from financial loss if the principal breaks the bond terms. 

How to Get a Home Inspector Bond

SuretyBonds.com offers a quick and simple process for obtaining a home inspector bond. Just follow these three steps:

1. Apply online at SuretyBonds.com.
2. Receive a free quote within one business day.
3. Purchase your bond online or by phone.

After you receive your physical or digital bond form, be sure to file it with the appropriate state authority to be considered officially bonded.

How Do I Renew My Home Inspector Bond?

Home inspector bonds last for a one-year term and require annual renewal. We’ll send out renewal notices starting 90 days before your bond expires. Pay the renewal invoice and submit any documentation as instructed to maintain your active bond status. 

Can I Get a Home Inspector Bond With Bad Credit? 

Yes, you can get a home inspector bond even with bad credit. However, keep in mind that this may lead to a higher premium. When you apply, we will explore our nationwide markets to find the best available rate for you. Apply now to get started!