The Alaska Home Inspector Surety Bond is required by the Home Inspector Registration Act, AS 08.18. The bond states that home inspectors will engage or continue in the business of home inspection in the State of Alaska in accordance with the provisions of AS 08.18. The bond is required by law. The bond gauratees that the Home Inspector will:
- Pay all taxes and contributions due the state and political subdivisions of the state,
- Pay all persons furnishing labor or materials or renting or supplying equipment to the principal (Principal is the me inspector).
- Pay all amounts that may be adjudged against the principal by reason of negligent or improper work or breach of contract in the conduct of the contracting business or by reason of damage to public facilities occurring in the course of a home inspection project, and
- Pay all amounts necessary to satisfy settlements of valid liens and judgments which result from lien foreclosure suits
How do I become a Home Inspector in Alaska?
If you want to be a home inspector in Alaska, you will need to be registered with the Department of Commerce, Community, and Economic Development. Before a registration will be given to you, the following must requirements must first be met:
- Specify whether you are applying for existing home, new home or joint registration.
- A filled-out application form that has been signed and notarized.
- Payment of $65 for the application fee and $235 for the registration fee.
- Proof that you passed the examinations which may include Residential Building Inspector, Residential Electrical Inspector, Residential Mechanical Inspector, and Residential Plumbing Inspector.
- Certificate of Insurance for Public Liability and Property Damage in an amount no less than $20,000 property damage, $50,000 injury or death to one person, and $100,000 injury or death to more than one person.
- Surety bond of $10,000 issued by a surety company licensed to operate in the state of Alaska.
How do I obtain a Alaska Home Inspector Surety Bond?
At Surety1 we make it easy to obtain your Alaska Home Inspector Surety Bond.
Friendly agents available to answer your questions.
Simply complete our easy to navigate, online application and within one business day one of our surety experts will contact you with a firm quote for the bond. Then you will just need to make payment and sign some paperwork and we will deliver your surety bond via USPS priority mail. Overnight shipping is also available.
Surety1 has been issuing Alaska surety bonds since 2003, and is licensed to operate in all 50 states. The company maintains an A+ rating by the Better Business Bureau and represents over a dozen surety bond markets.