Appraisers Errors & Omissions Insurance
"I am so pleased with
your service and thoroughness. Thank you very much for being so responsible
with our money and our E&O insurance. Although I have never had a claim, my
confidence level in this process has increased. It is no surprise that
several appraisers recommended your company to me. GREAT JOB!" -Appraiser,
Richmond, VA
**To
avoid delays, please type or print clearly when completing the application.
Note: PDF-applications can be completed online by typing data directly into the
form. After completion, simply save the document and submit with payment via
email or fax.
Group
or Company Coverage (more than one appraiser) -
Click
for application. If application fails to open
please click
here. (Quotes may take
up to 2-3 days.) To avoid delays, please
type or print clearly when completing the application. If you are
using a free version of Acrobat, please print or save the completed
application before emailing/faxing, otherwise it will arrive blank. Same day financing
available.
Membership includes a subscription to
Working RE
Magazine and more.
Individual Appraisers Coverage E&O
Insurance
To cover one appraiser only, please
click on your Residence State below for the premiums/application for
your state (rates vary slightly by state). The premiums in the table
below apply to most states. Please
review instructions below for
completing and submitting your application. Same day financing available
(minimum premium is
$535.00).
Beginning-Trainee appraisers qualify, if you've passed your state test. Membership includes a subscription to
Working RE
Magazine and more.
>>Click your Residence State
from this list for the premiums/application in your state. If application fails to open please contact OREP.
* If you reside or appraise in LA or NY
- Quotes
in these two states may take 2-3 days. If application fails to open
please click
here.
To avoid delays, please
type or print clearly when completing the application. If you are
using a free version of Acrobat you will have to print or save the completed
application before emailing/faxing, otherwise it will arrive blank.
Premiums in this table are for most states.
|
Premiums
(individual appraisers) |
Residential (individual appraisers) |
Commercial (individual appraisers) |
| Per Claim/Annual
Aggregate* |
Most States |
California |
Most States |
California |
|
$300,000 / $600,000 |
$455.00 |
$570.00 |
$537.00 |
$671.00 |
|
$500,000 / $1,000,000 |
$520.00 |
$644.00 |
$613.00 |
$758.00 |
|
$1,000,000 / $2,000,000 |
$590.00 |
$733.00 |
$694.00 |
$862.00 |
* A standard deductible of
$500 per claim/$1,000 aggregate will included in each policy. (Appraisers Errors & Omissions (E&O) Insurance)
Premiums in table
are for most states. |
Instructions for Completing & Submitting your Application
1. Click on your
state above for an application. If application fails to open please contact OREP.
2. Please note the enclosed checklist to ensure a smooth process.
To avoid delays, please
type or print clearly when completing the application. If you are
using a free version of Acrobat, please print or save the completed
application before emailing/faxing, otherwise it will arrive blank.
3.
E-mail or fax your completed application with payment using OREP's
payment page. Please remember to sign and date the second page of the
application.
4. If you have current coverage in
place with a company other than OREP, please include
a copy of your expiring Declarations Page
to retain prior acts coverage.
5. Group applications and those for Louisiana and New York require quoting. All others should be submitted with
payment for same day coverage in most cases.
Please find more program information below. Call or email us with any
questions: (888) 347-5273 or
info@orep.org.
Fax: (619) 704-0567 or alternate fax: (619) 269-3884. We answer the phone!
Important: If you have expiring insurance in place, to retain prior
acts coverage, please include a copy of your current Declarations page.
|
Individual
Appraisers / Program Highlights
• "A++" Carrier
• $500 deductible
• Lowest premiums
• Same day coverage with confirmation.
• Beginning Appraisers Qualify (if you've passed your state test)
• Includes Prior Acts (for qualified applicants)
• Coverage for Commercial Work
•
Includes all benefits
of membership
•
Same Day Financing
Available (Minimum
premium is $535.00)
Group
Medical Options
info@orep.org
Fax: (619) 704-0567 or (619) 269-3884
Ph. (888) 347-5273
Note: This program is for individual appraisers. It requires that appraisers be licensed and have no claims or disciplinary actions
against them in the past five years.
|
Multiple Appraiser
Firms / Program
Highlights
•
Low group
rates for multiple appraiser offices, including trainees
and staff.
• "A++" Carrier
• Low Premiums
• Choice of deductibles and limits
• Covers Trainees
• Includes Prior Acts (for qualified applicants)
• Coverage for Commercial Work
• Quotes in 24-48 hours
• Includes all
benefits
of membership
•
Same Day Financing
Available
Group
Medical Options
•
Please complete the multiple appraiser
application
and fax or email for a quick quote.
info@orep.org
Fax: (619) 704-0567 or (619) 269-3884
Ph. (888) 347-5273
|
OREP specializes in Appraisers Errors & Omissions (E&O) Insurance.
Receive fast, personal service from staff who has been serving this industry for over
16 years. Agent/Broker David Brauner: Calif. Insurance License 0C89873.
Appraisers Errors and Omissions (E&O) Insurance provided by
The Organization of Real Estate Professionals
(OREP)
"Just a quick thank you for
taking my 2 phone calls. It's rare these days to get excellent customer service
AND a live person when investigating products and
services. I really felt like your staff was empowered to make decisions and
comments regarding questions they were confident/competent with and also felt
like they were empowered to pass the questions up a level if they were unsure.
The speed at which I moved from Jennifer to Maria, and subsequently from Maria
up to you was something I haven't experienced in this age of automation and
voice prompts. You and your staff have made a tremendous first and second
impression on me...”
-
Ken Snyder
Additional Errors and Omissions Programs
(click for more information)
>
Home Inspectors Professional
Liability (E&O) Insurance
>
Real Estate Agents & Brokers
Professional Liability (E&O) Insurance
>
Mortgage Field Services Professional
Liability (E&O) Insurance
>
Insurance for Title Professionals
(E&O Insurance)
>
Insurance for Mortgage Brokers (E&O
Insurance)
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