Maryland, nicknamed both the âOld Line Stateâ and the âFree State,â 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 Marylandâs Commission Of Real Estate Appraisers & Home Inspectors. The Commission does not mandate Maryland Appraiserâs 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
OREP has served real estate appraisers in Maryland 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.
FHA Appraisal Standards â 7 HOURS CE Â How to Raise Quality and Minimize Risk â 7 HOURS CE | Â |
Enjoy these two valuable courses, earn 14 hours of Approved CE, and save $$$ when you join the OREP RPG/Risk Management Program this year!
âI switched my E&O insurance to OREP last month and saved $349 bucks.â âDave M. |
Financing is available – click here for details.
Got Questions? We answer the phone! Call us Toll Free: (888) 347-5273.
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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 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
Maryland Appraisers
Maryland State Appraisal Board
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
Executive Director: 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 â 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.
OREP Insurance Services, LLC Calif. Lic. #0K99465
Please call for license number in your state.
Offering Appraisers E&O Insurance for Real Estate Appraisers â Home Inspectorâs Professional Liability Errors and Omissions Insurance â 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