Rules & Regulations of the State of Tennessee
Title 0780 - Commerce and Insurance
Subtitle 0780-05 - Division of Regulatory Boards
Chapter 0780-05-12 - Home Inspectors
Section 0780-05-12-.13 - Insurance

Universal Citation: TN Comp Rules and Regs 0780-05-12-.13

Current through September 24, 2024

(1) All licensees, except those In Inactive status, are required to maintain and provide satisfactory proof of a current certificate of general liability insurance In the amount of at least five hundred thousand dollars ($500,000.00) and a current certificate of errors and omissions insurance to cover all home inspection activities contemplated under T.C.A. § 62-6-301. The State of Tennessee shall be named as the certificate holder on the insurance documentation provided by the insurance carrier.

(2) Licensees shall notify the Board within thirty (30) days of any change to the insurance policy. Including but not limited to the expiration or termination of a policy, changes In Insurance carrier, term of policy, or coverage dates.

Authority: T.C.A. §§ 62-6-303 and 62-6-308 [effective July 1, 2006]; Public Chapter No. 230 and Chapter 65 of the Public Acts of 2005, §§ 4, 6, 11, and 12.

Disclaimer: These regulations may not be the most recent version. Tennessee may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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