South Dakota Appraiser Insurance - OREP Insurance for Professionals

South Dakota, nicknamed the Mount Rushmore State because it is home to Mount Rushmore, has the fifth smallest population and is the firth least densely populated state in the country. South Dakota also has the fourth least number of licensed appraisers working in the state, with only 338 appraisers licensed under South Dakota’s Appraiser Certification Program to perform appraisals in the state.

If you’re looking for a quality South Dakota Appraisers Errors and Omissions Insurance policy, OREP has you covered. OREP offers the lowest rates on appraiser’s insurance with same day coverage & confirmation (most cases).

Appraisers Errors and Omissions Insurance for South Dakota

OREP has served real estate appraisers in South Dakota with risk management and E&O insurance for over 20 years. OREP Members enjoy comprehensive coverage at extremely competitive rates—as well as unrivaled business support, including at no extra cost, State Board Complaint Consulting, 14 Hours of Appraiser CE (not approved in IL, MN, and GA), guaranteed delivery of Working RE magazine, and much more!

Program Highlights

$100,000 of Bodily Injury and Property Damage coverage (Click for Details)
$100,000 of Discrimination Claim Coverage (Click for Details)
Zero deductible available (most appraisers)
Minimum Premiums start at $401
Same day coverage (most cases)
New Appraisers Qualify
Includes Prior Acts
Coverage for Commercial Work, Right of Way Appraisals, Desktop Appraisals, and more!
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)

SPECIAL FOR APPRAISERS: Free 14 Hours of CE ($250+ Value)

As part of the OREP RPG/Risk Management Program, OREP members can now enjoy 14 hours of Approved Continuing Education at no extra cost! Must be part of the OREP RPG/Risk Management Program. Click here for a list of Approved states.

Appraiser bullhorn FHA Appraisal Standards – 7 HOURS CE
Keep up with the latest FHA 4000.1 standards with this course that shows what you should be looking out for on an FHA appraisal. Learn how to include explanations and photographs that will help your FHA appraisals fly through underwriting.

How to Raise Quality and Minimize Risk – 7 HOURS CE
This course shows you what you can do to avoid claims, reduce liability, and enhance your understanding of the approved methodology, techniques and protocols for appraisals. Learn about real world claim scenarios and specific steps you can take to protect yourself.

Enjoy these two valuable courses, earn 14 hours of Approved CE, and save $$$ when you join the OREP RPG/Risk Management Program this year!

“I switched my E&O insurance to OREP last month and saved $349 bucks.” —Dave M.

Financing is available – click here for details.

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

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
South Dakota Appraisers Errors and Omissions insurance policy/declarations page will be emailed within 1-2 business days after payment has been processed. Coverage is NOT bound until a binder/declarations page is issued.

Contact OREP
OREP Insurance Services, LLC. Calif. Lic. #0K99465
6353 El Cajon Blvd, Suite 124-605
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 – 8pm EST

Additional Information for
South Dakota Appraisers

South Dakota State Appraisal Board
Appraiser Certification Program
308 South Pierre Street
Pierre, SD 57501-3137
http://dlr.sd.gov/reg/appraisers/appraiser.html
Phone: 605-773-4608
Fax: 605-773-5405

Executive Director: Sherry Bren
sherry.bren@state.sd.us

Appraiser Associations in South Dakota
Professional Appraisers Association of South Dakota
Western South Dakota/Wyoming Chapter of the Appraisal Institute

South Dakota Continuing Education

South Dakota Appraisers are required to complete 28 hours of Continuing Education every 2 years by 8/17 of the renewing year. Seven of those hours must be the 7-Hour USPAP Update by an instructor certified by the Appraiser Qualifications Board.

OREP Insurance Services, LLC Calif. Lic. #0K99465
Please call for license number in your state.

Offering Appraisers E&O Insurance for Real Estate Appraisers – Home Inspector’s Professional Liability Errors and Omissions Insurance – or E&O Insurance for Real Estate Agents & Brokers Professional Liability or Private Investigator Liability Insurance

Email: info@orep.org

Mailing Address:
6353 El Cajon Blvd, Suite 124-605
San Diego, CA 92115

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.

Our Contacts

Working Hours

South Dakota State Page – Appraisers

OREP INSURANCE SERVICES

Calif. Lic. #0K99465