(a) A home inspector licensed by the Commission shall maintain general liability insurance in the amount of at least $150,000.
(b) (1) An applicant shall submit proof of the insurance required under this section to the Commission with the license application.
(2) The Commission may not issue a license to an applicant unless the applicant submits proof of the insurance.
(c) Unless an applicant meets the insurance requirements of this section, the Commission may not renew the license.
(d) A licensee shall give the Commission notice of the cancellation of insurance required under this section at least 10 days before the effective date of the cancellation.
Structure Maryland Statutes
Business Occupations and Professions
Title 16 - Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 4A - Miscellaneous Provisions for Home Inspectors
Section 16-4A-01 - Report; Limitation of Liability
Section 16-4A-02 - Display of License Certificate
Section 16-4A-03 - Change of Address