Home inspectors in the state of Kansas must not follow new regulations in Kansas after a new law was enacted. HB 2315, the new law, demands home inspectors to register with the Home Inspectors Registration Board. Also, the inspectors must provide evidence of financial responsibility which can be in the form of a surety bond. The surety bond can not be in less than $10,000 and may not be cancelled without 30 days prior written notice to the board. An errors and omissions insurance policy in an amount no less than $10,000 also will be accepted in the place of the bond. When the bill was introduced it also called for a separate fidelity bond requirement to protect from dishonesty in an amount of no less than $10,000, but this requirement was terminated in the senate. HB 2315 became active upon enactment.
Eric is the Chief Marketing Officer of JW Surety Bonds. With years of experience in the surety industry, he is also a contributing author to the surety bond blog.