Minnesota Appraisers Errors and Omissions Insurance

Minnesota, nicknamed the “Land of 1,000 Lakes,” is the 12th most extensive state in the country and has over 2,000 active and licensed real estate appraisers in the state. Minnesota appraisers are licensed under Minnesota’s Department of Commerce. Minnesota Appraiser’s Errors and Omissions Insurance is not required by the Department of Commerce, but many lenders have independent insurance requirements for appraisers on their panels.

OREP specializes in placing errors and omissions insurance for real estate appraisers and agents/brokers in Minnesota. OREP offers the lowest rates on appraiser’s insurance with same day coverage & confirmation (most cases).


Appraisers Errors and Omissions Insurance for Minnesota

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 Minnesota 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 Minnesota Appraisers

Minnesota State Appraisal BoardMinnesota
Dept. of Commerce
85 – 7th Place East, Suite 500
St. Paul, MN 55101-3165
http://mn.gov/commerce/
Phone: 651-539-1600
Fax: 651-284-4107

Licensing Director: Peter Bratsch
Peter.Bratsch@state.mn.us

Minnesota AMC State Law (as of August 27, 2013)
M.S.A. § 82C.01

Appraiser Associations in Minnesota

North Star Chapter of the Appraisal Institute

Minnesota Continuing Education

Minnesota Appraisers must take 30 hours of continuing education every 2 years for renewal. Requirements are due by 8/31. Included in the mandatory hours is the 7-Hour USPAP Update. Minnesota has no limitations on how many hours may be completed online but no more than 8 hours can be earned in any one day period.

 

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.

Working RE Magazine

Member Benefits (Click here to see full list of benefits)

Insurance includes a subscription to Working RE Magazine

AMC Directory and Full Fee Guide

FHA Appraiser Inspection Checklist, Checklist Instructions and eBook

Group Medical Insurance (California residents)

Lower Prices from your Favorite Suppliers

Benefits Page

Receive Fast, Professional Service from the OREP staff who have been serving Appraisers, Inspectors and other Real Estate Professionals for more than 15 years. Read More

David Brauner: Calif. Insurance License OC89873. OREP–Organization of Real Estate Professionals Insurance Services, LLC. Calif. Lic. #0K99465 Licensed in all 50 states and D.C. Please call for the license number in your state.

Click for more information on our Errors & Omissions Programs and Applications or call us toll free: 888.347.5273. We’re here to help.