New York State Page – Appraisers

New York, nicknamed the “Empire State,” has the third highest population and is the seventh most densely populated state in the United States. New York has the fourth highest number of active real estate appraisers in the country, with over 3,000 appraisers calling New York home. New York appraisers are licensed by New York’s Division of Licensing Services.

Appraisers know that when looking for New York Appraiser’s Errors and Omissions Insurance, OREP is the best choice. OREP offers the lowest rates on appraiser’s insurance with same day coverage & confirmation (most cases).

Appraisers Errors and Omissions Insurance for New York

OREP has served real estate appraisers in New York with E&O insurance and business-building benefits for over 22 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)
• $200,000 of Discrimination Claim Coverage for Individual Appraisers – Different Limits Available for Firms (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!
• OREP Members enjoy many benefits, including a subscription to Working RE Magazine
• Same Day Financing Available (click for financing information)

Attorney Support 

OREP Members enjoy a Free 1-Hour Consultation with trial attorney Craig Capilla when facing a complaint from their State Board or a HUD Discrimination complaint. You need a professional with EXPERIENCE in your corner.

Capilla is the nation’s foremost appraiser attorney and has handled nearly 1,000 appraiser cases in his career. He has extensive experience defending appraisers from lawsuits, state board complaints, and now—HUD Fair Housing (Discrimination) complaints. Capilla began his legal career working for the state of Illinois as a real estate prosecutor—so he knows exactly what the investigation and disciplinary process looks like for appraisers—and how to best defend YOU.

 

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 Cont inuing Education at no extra cost!  Must be part of the OREP RPG/Risk Management Program. Click here for a list of Approved states.

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

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
New York 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
New York Appraisers

New York State Appraisal Board
Division of Licensing Services,
PO Box 22001
Albany, NY 12201-2001
http://www.dos.state.ny.us/lcns/realestate/
Phone: 518-474-4429
Fax: 518-473-6648

Contact: licensing@dos.state.ny.us

New York AMC State Law (As of August 27, 2013)
N.R.S.T. 54, Ch. 645C – Appraisers of Real Estate and Appraisal Management Companies

Appraiser Associations in New York
Columbia Society of Real Estate Appraisers
Metropolitan New York Chapter of the Appraisal Institute

New York Continuing Education

New York Appraisers must complete 28 hours of Continuing Education every 2 years for renewal. The 7-Hour USPAP Update course must be included. New York has no limits on how many hours may be completed online.

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.