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Texas Professional Inspector Surety Bond

What is a Texas Professional Inspector Bond?

  • The Texas Professional Inspector is defined as a person who represents to the public that he or she is trained and qualified to perform a real estate inspection and who accepts employment to perform a real estate inspection for a buyer or seller of real property.
  • The Texas Professional Inspector Surety Bond is required by the Texas Real Estate Commission to ensure the inspector will be financially responsible for their liabilities arising from his or her performance of a real estate inspection.

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  • Professional Inspector Surety Bonds are individually underwritten so the cost can vary and is heavily dependent on the credit score of the applicant; sometimes, but rarely, personal financials and/or business financials may be required depending on credit standing. Customers with good credit scores could qualify for rates as low as or lower than 1% of the bond amount. Of course, we will always provide you with the lowest rates available on the market. And can typically handle all credit types — from excellent to poor — as such, those terms vary.
  • Professional Inspector Surety Bonds can be issued for as low as or lower than 1% of the bond amount (so at 1%, bond premiums or costs would be $1,000 for a $100,000 bond). Most applicants will pay anywhere between 0.5% and 3% of the total bond amount.

The Professional Inspector Surety Bond is in place to protect the consumer against negligent or incompetent business practices committed by the Inspector. It is required for proper licensing as a professional home inspector in the State of Texas by the Texas Real Estate Commission.

The Professional Inspector Surety Bond is required to be submitted to the Texas Real Estate Commission, therefore, the Texas Real Estate Commission would be the Obligee on the bond.

The Professional Inspector Bond is not limited in duration and runs continuously from effective date until it is canceled. It may be canceled by the Surety only after the Surety provides at least 90 days written notice to the Commission before the effective date of the cancellation. However, the surety will underwrite and renew this bond annually via continuation certificate.

Contact The ProSure Group. As surety bond experts in business since 1993 providing bonds throughout the nation to businesses of all types. The ProSure Group has handled hundreds of bonds of this type and has partnerships with more than 30 different surety companies. This ensures that we get you the best, most competitive pricing and terms available in the marketplace. You just need to complete our simple application and one of our specialists will quickly contact you.

If you don't see the bond you're looking for give us a call at (800) 480-3883 and speak to one of our many
Texas Inspector License Bond Surety Bond Experts!
Type Bond Obligee Bond Amount
License Texas Inspector License Bond Texas Real Estate Commission