Maryland Appraisers Errors and Omissions Insurance

Maryland, nicknamed both the “Old Line State” and the “Free State,” has the highest median household income in the United States and well over 2,300 real estate appraisers call Maryland home. Appraisers are licensed under Maryland’s Commission Of Real Estate Appraisers & Home Inspectors. The Commission does not mandate Maryland Appraiser’s Errors and Omissions Insurance, but many appraisers choose to carry insurance based on their business needs.

OREP has incredible expertise and experience in providing errors and omissions insurance to real estate appraisers and agents/brokers in Maryland. We offer low insurance rates with same day coverage & confirmation (most cases).


Appraisers Errors and Omissions Insurance for Maryland

For the best combination of coverage and price for you, please choose from these options.

Individual Appraisers: Apply Today!  (Secure coverage and pay in minutes)

  • If you need group coverage or you’ve had a claim please use this group application to obtain a quote; quotes take 2-5 business days.

 

Important: If you have expiring insurance in place, please include a copy of your current Declarations page to retain prior acts coverage. Also, if you included a PO Box for your address on the application, you will need to list a physical address as well (required by the underwriter.) Please send to the fax number or email address indicated at the top of the application you complete. If you have any questions, please call us at 888-347-5273, 8-5 PST. We answer the phone!

 

What to Expect After Submission:
A confirmation will be emailed within 24 hours if your application is received and correct. If not correct, you will be called immediately. If you do not receive confirmation after 24 hours, please call us (check email junk/spam first). If your current policy is expiring, please call to confirm immediately after submission. Your new Maryland Appraisers Errors and Omissions insurance policy/declarations page will be emailed within 3-5 business days after payment has been processed. Coverage is NOT bound until a binder/declarations page is issued.

Financing is available – click here for details.

Got Questions? We answer the phone! Call us Toll Free: (888) 347-5273.

 

Program Highlights

  • “A” Carriers
  • $500 deductible – Zero deductible available
  • Lowest premiums
  • Same day coverage (most cases)
  • Beginning Appraisers Qualify (if you’ve passed your state test)
  • Includes Prior Acts 
  • Coverage for Commercial Work
  • Discounts on CE, training materials, webinars, office supplies and more!
  • OREP Insureds enjoy many benefits, including a subscription to Working RE Magazine
  • Same Day Financing Available (click for financing information)

 

Contact OREP

David Brauner Insurance Services / OREP
6760 University Ave, Suite 250
San Diego, CA 92115
Ph. (888) 347-5273 toll free
Email: info@orep.org
Fax: (619) 704-0567 (preferred) or (619) 269-3884 (alternate)
Hours: Monday – Friday from 8am-5pm PST


Additional Information for Maryland Appraisers

Maryland State Appraisal BoardMaryland
Commission Of Real Estate Appraisers & Home Inspectors
500 N. Calvert Street, Room 302
Baltimore, MD 21202-3651
http://www.dllr.state.md.us/license/reahi/
Phone: 410-230-6165
Fax: 410-333-6314

Administrator: Patricia Schott
appraiser@dllr.state.md.us

Maryland AMC State Law (as of August 27, 2013)
MD Code, Business Occupations & Professions, § 16-101

Appraiser Associations in Maryland

Maryland Association of Appraisers
Maryland Chapter of the Appraisal Institute
International Society of Appraisers – National Capital Area

Maryland Continuing Education

Maryland appraisers are required to take 42 hours of continuing education every 3 years. the 7-Hour USPAP Update must be completed every 2 years. Maryland does not have limitations as to how many hours may be completed online, however, only 8 hours of credit may be earned on any one given day.

 

Agent/Broker: David Brauner/David Brauner Insurance Services – Calif. Ins. license #0C89873. Licensed in 49 states. Please call for license number in your state.

Offering Real Estate Appraisers Professional Liability Errors and Omissions or E&O Insurance – Inspectors Professional Liability Errors Omissions or E&O Insurance for Real Estate Agents & Brokers Professional Liability or E&O Insurance- Mortgage Brokers and Bankers Professional Liability or E&O Insurance.