Are you ready to lay the foundation of your own home inspection business? We’ve created a comprehensive guide to help you cement your new career as a home inspector in Montana. Follow the steps below to learn more about home inspection courses (and why they’re necessary), taking the National Home Inspector Exam (NHIE), and where to go from here.
Though it’s optional, passing the National Home Inspector Exam is a vital step in establishing yourself as a trusted expert. The exam consists of 200 multiple choice questions (25 of which are not scored) covering three major domains, or sections, that every home inspector should know. Those domains are:
Property and Building Inspection/Site Review
Analysis of Findings and Reporting
Test takers are given 4 hours to complete the exam, and each attempt costs roughly $225 (depending on your location). Due to the unignorable cost of taking the exam, we highly recommend taking an Exam Prep course to greatly increase your chances of passing on the first try. If an individual does not pass, they must wait 30 days before taking the exam again.
Provide Proof of $100,000 General Commercial Liability and a Minimum of $100,000 Errors and Omissions Insurance
According to theMontana Department of Labor and Industry, you must obtain insurance that meets the state’s minimum requirements for coverage. The insurance requirements for a home inspector in Montana are:
An errors and omissions policy that covers a minimum of $100,000
A general liability policy that covers a minimum of $100,000
General liability policies for small businesses are roughly $40 per month, while errors and omissions insurance can set you back approximately $59 per month. To get the best rate and a better idea of what coverage you need, speak with a licensed local insurance agent who has worked with other home inspectors, members of local home inspector trade organizations, or shop for insurers online.
Be Covered Under a Workers’ Compensation Policy or Have an Independent Contractor Exemption Certificate (ICEC) for the Occupation of Home Inspection
In addition to errors and omissions and general liability insurance, home inspectors must also possess a workers’ compensation policy or an Independent Contractor Exemption Certificate (ICEC) for the occupation of home inspection.
Obtain Membership in a National Home Inspection Association
Each home inspection professional must obtain an errors and omissions insurance policy for $100,000 and a general liability policy for $100,000.
Home inspectors must join a national home inspector organization
Want To Learn More?
There’s a reason why over 70,000 students have chosen us. Check out the home inspector online course with AHIT and see for yourself. Most packages include books, videos, exercises, practice questions, a certificate of completion & more!