Overview of the Program From Intercorp
Intercorp’s Home Inspector Liability program is tailored for residential home inspectors and, where eligible, permits up to 25% commercial inspections. The program features improved policy terms, broader definitions of covered services, and optional extensions to help agents place accounts that need more than a basic errors & omissions product.
Policies are placed on a non-admitted basis and are backed by Lexington Insurance Company. The program is available in most U.S. states listed below.
Ideal Accounts and Appetite
This program is focused on residential home inspectors and small inspection firms. Good fits include:
- Individual home inspectors (new or experienced)
- Inspectors transitioning from related trades such as construction or real estate
- Small firms with multiple inspectors that need automatic additional insured status for referral partners
Inspectors with under two years’ direct inspection experience may qualify when a resume or documentation of related experience is provided.
Coverage Highlights and Advantages
Key program features include:
- Expanded definition of “Home Inspection Services” to better reflect common inspection tasks
- Improved extended reporting period (ERP) terms with reduced rates
- Up to $5,000 in Defense Expense Reimbursement for disciplinary proceedings
- Automatic additional insured status for referral sources and other referral partners
Optional coverages that can be packaged with the E&O include:
- Fungus and mold
- Lead or lead by-products
- Wood-destroying organisms (e.g., termites)
- Radon or natural gases
- Swimming pools, hot tubs, and spas
- Full General Liability (GL) through an admitted carrier (optional)
Underwriting Notes and Minimum Premiums
Intercorp’s underwriting team provides quick turnaround—often same day or next day—depending on submission completeness. To begin a quote, we typically need:
- A completed application
- A resume or history of related work if the inspector has fewer than two years’ inspection experience
Minimum premiums vary by state, experience, and selected coverages. Your Intercorp underwriter will advise on minimums and available options for each account.
Territories and Availability
This program is available in the following states: AL, AK, AZ, AR, CA, CO, CT, DE, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, DC, WV, WI, WY.
Why Work With Intercorp
Intercorp, Inc. is a program administrator with deep experience in niche professional liability programs. Our in-house underwriters move quickly, provide clear guidance on eligibility, and can add value through optional coverages and automatic additional insured status for referral partners. Working with Intercorp gives you access to Lexington Insurance Company capacity on a non-admitted platform and a team committed to placing home inspector risks efficiently.
Frequently Asked Questions
What types of accounts are a good fit for this program?
Residential home inspectors are the primary appetite, including single inspectors and small firms. Inspectors who perform up to 25% commercial inspections in eligible classes may also qualify. New inspectors with related experience can be considered with a resume.
How quickly can I get a quote for my client?
Our in-house underwriting team typically delivers same day or next day turnaround on most complete submissions.
What documentation is required to submit an account?
Submit a completed application. If the inspector has less than two years’ inspection experience, include a resume or documentation of related work experience.
Are additional insureds automatically included?
Yes — referral persons or organizations can be automatically added as additional insureds under this program.
Is the program available nationwide?
The program is available in most states across the U.S., including CA, TX, FL, NY, and many others. Refer to the program’s territory list for specifics.
Need help placing an account? Connect with a market specialist.