California Appraisers Errors and Omissions Insurance

California, nicknamed the Golden State, is the third largest state by area and is home to over 9,000 licensed real estate appraisers, the highest number of appraisers in the country.  While there are no specific appraiser insurance requirements mandated by California’s State Board, the California Office of Real Estate Appraisers (OREA), many lenders and clients require that appraisers carry California Appraisers Errors and Omissions Insurance.

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


Appraisers Errors and Omissions Insurance for California

For the best combination of coverage and price for you, please choose from these options. Simply download the application, select your premium and submit with payment (financing available):
Do You Have Coverage Currently?

If you do NOT have coverage in place, please use this California self-rating application (Select lower priced GROUP 1 Premiums) and send in with payment for the lowest premium and same day coverage.

If you HAVE current coverage in place:

Note: If your browser uses the Firefox PDF Viewer, please download the Application or open in different browser, the form may not function properly.

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!

 

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 sending. Your new California 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.

 

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 California Appraisers

California State Appraisal BoardCalifornia
Bureau of Real Estate Appraisers
1102 Q Street, Suite 4100
Sacramento, CA   95811
http://ww­w.orea.ca.­gov
Phone: 916-552-9000
Fax: 916-552-9008

Bureau Chief: Jim Martin
Jim.Martin@orea.ca.gov

California AMC State Law (as of August 27, 2013)
Business and Professional Code 11302

Appraiser Associations in California

California Coalition of Appraiser Professionals
Real Estate Appraisers Association
Northern California Chapter of American Society of Appraisers
Northern California Chapter of Appraisal Institute
Southern California Chapter of Appraisal Institute

California Continuing Education

California’s continuing education renewal cycle is every 4 years. All California appraisers are required to take 56 continuing education hours every renewal cycle. California appraisers must take the 7 hour USPAP Course Update every two years.  Effective January 1, 2013, California appraiser must also take a 4-unit course on California Law every four years.

 

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.