Home Inspector Fidelity Bond

Coverage Limits from $5,000 to $5,000,000

An fidelity bond professional home inspectors is an inexpensive way to protect an inspection company's clients clients and to legally advertise as a "bonded enterprise". This type of crime coverage is often referred to as a "third party fidelity bond" or "dishonesty bond". Fidelity bonds for home inspectors may be written on a blanket basis that protects ALL clients or client-specific which is convenient if the inspector's client is a financial institution or high net worth individual that requires dishonesty coverage. A fidelity bond covers the dishonest acts of employees that provide services "on the premises" of clients. Employee theft from client property is all too common. Statistics show that approximately three quarters of retail and labor employees steal from their employers or employer's clients and that those losses often account for a large percentage of the firm's annual revenue. Your home inspection business may be vulnerable to losses like these:

  • An employee Accurate Home Inspectors, LLC assigned two employees to a luxury home prior to a real estate listing. The two inspectors acting in concert stole multiple pieces of an expensive jewelry collection.
  • An home owner captured on video a prospecxtive buyer’s sewer line inspector searching through cabinets for what he later admitted was an attempt to find prescription drugs. The inspector stole approximately $10,000 in cash from a closet.
  • An inspector contracted by a local municipality was charged with three felonies and six misdemeanors for stealing equipment from nine residential locations that he was assigned to inspect.

Background investigations and reference checks are good risk management tools however they are no guarantees that an inspector will not commit a dishonest act. One significant loss can zero a home inspection company's total annual revenue. A client lawsuit against an inspection firm can result in a bankruptcy and irreparable reputation damage in the industry. Employee theft is the cause of over a quarter of business failures and a home inspector fidelity bond can mean the difference between closing the doors or running a profitable business that enjoys the trust of its clients.

National fidelity bond leader, Surety One, Inc., specializes in underwriting fidelity risks for ALL types of businesses. No background checks are required and we NEVER turn deny an applicant. Call (800) 373-2804, email Underwriting@SuretyOne.com or click here to discuss your home inspection company fidelity bond need. We offer commercial crime coverage, cyber risk and hi-cap third party fidelity bonds in all fifty states, Puerto Rico and the U.S. Virgin Islands.

Surety bond application review and quoting are free of charge. There is no obligation to purchase.