This is an old response from TREC Q&A
"the times they are a changin'"
Q. Is a Texas home inspector required to obtain errors and omissions (liability) insurance?
A. No. Nothing in the statutes or rules that govern home inspectors requires them to carry any type of liability insurance. The Texas Real Estate Commission is required by law to maintain an “Inspector Recovery Fund”. The fund is available to reimburse persons who have suffered actual damage from a licensed inspector’s act or acts in violation of the statutes. The aggrieved person must have successfully sued the inspector in a civil court. See Subchapter H., Sec. 1102.351, of the Texas Occupations Code entitled, “Real Estate Inspection Recovery Fund” for more information. Chapter 1102 of the Texas Occupations Code may be found here:
http://www.trec.state.tx.us/formslaw...codes/rela.asp
let's see a show of hands that think the recovery fund collection and disbursement will go away after the changes are made.
taxation without representation