Colonial General Insurance Agency, Inc. offers a dedicated Home Inspectors Errors and Omissions Insurance program designed specifically for residential home inspector firms. This stand-alone E&O solution is crafted to help your clients manage professional liability exposures and maintain the confidence needed to grow their business.
Overview of the Program From Colonial General
This E&O insurance program is tailored for residential home inspection firms, especially those with 1 to 5 inspectors. With admitted coverage available through select markets and a variety of optional enhancements, this is a flexible and competitive solution for your home inspector clients. Whether your insureds are just starting out or are established professionals, Colonial General provides options that align with their risk profile and business size.
Ideal Accounts and Appetite
This program is best suited for:
- Sole proprietors and small home inspection firms (1–5 inspectors)
- Residential inspection professionals with a clean claims history
- Inspectors offering additional services such as radon or termite inspections (optional coverage available)
If you’re working with a home inspector in states like Utah, California, or Arizona who is looking for affordable, reliable professional liability coverage, this program could be a strong fit.
Coverage Highlights and Advantages
This E&O policy includes key features that help agents deliver meaningful protection to their clients:
- Admitted coverage available in select markets
- Claims-made and reported form
- Premiums starting as low as $750 MP
- Defendant reimbursement, disciplinary defense, and discrimination defense – all sub-limited
- Optional coverage for radon, termite, and premises liability
- Contingent bodily injury and property damage coverage available with select carriers
- Prior acts coverage available for qualified applicants
- Multiple extended reporting period (ERP) options, including retiree ERP for sole proprietors
- Claims expense outside the limits (CEOL) available
- Retention reduction of up to 50% for claims resolved via alternative dispute resolution
- Limits starting at $100K/$100K with deductibles as low as $1,500
Underwriting Notes and Minimum Premiums
Colonial General targets well-qualified residential inspection firms and offers competitive pricing, with minimum premiums starting around $750. Prior acts coverage and other enhanced features are available for eligible applicants. Firms with a strong loss history or complex risk profiles may be considered on a case-by-case basis.
Territories and Availability
This program is available to agents and brokers placing business in the following states: AZ, CA, CO, ID, NV, NM, UT, and WY. Admitted and non-admitted options are available depending on the risk and state.
Why Work With Colonial General?
Colonial General Insurance Agency, Inc. is a trusted managing general agency and E&S broker with deep experience in niche programs. Their home inspector E&O offering reflects their commitment to providing tailored solutions backed by responsive service and access to a range of carriers. Agents benefit from Colonial General’s underwriting expertise and ability to place both standard and harder-to-place risks.
You can rely on Colonial General to help you place residential inspection firms with appropriate, competitive E&O coverage, even when additional exposures or prior acts are involved.
Frequently Asked Questions
What types of accounts are a good fit for this program?
Residential home inspection firms with 1 to 5 inspectors, especially those with low claims frequency and a focus on standard home inspections, are ideal candidates.
Is prior acts coverage available?
Yes, prior acts coverage is available for qualified applicants, depending on underwriting and claims history.
Are optional coverages like radon or termite inspection included?
These coverages are available as optional endorsements. Agents can request them during the submission process based on the insured’s services.
What is the minimum premium for this program?
Premiums start as low as $750, depending on underwriting factors such as state, coverage limits, and applicant history.
Which states is this program available in?
This program is available in AZ, CA, CO, ID, NV, NM, UT, and WY.
Need help placing an account? Connect with a market specialist.