North Carolina Appraiser E&O Insurance

North Carolina, nicknamed the “Tar Heel State” and also called the “Old North State,” has the tenth highest population in the country and has the ninth highest number of real estate appraisers operating in the state. Over 3,200 licensed and active real estate appraisers live and work in North Carolina. The North Carolina Appraisal Board is located in Raleigh, North Carolina, the state’s capital.

When it comes to North Carolina Appraiser’s Errors and Omissions Insurance, no one does it better than OREP. OREP offers the lowest rates on appraiser’s insurance with same day coverage & confirmation (most cases).

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Appraisers Errors and Omissions Insurance for North Carolina

OREP has served real estate appraisers in North Carolina with risk management and E&O insurance 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 AK, 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 (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 Members 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 ($238 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.

Non-Lending Appraisal Assignments – 7 HOURS CE Explore the possibilities and requirements of non-lender appraisal work, including tax rebuttal, pre-purchase, pre-listing, divorce, estate, and IRS-related work. Learn how to complete non-lender work from start to finish. 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 from real world claim scenarios 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!

 

 

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
North Carolina 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: (708) 570-5786)

Hours: Monday – Friday from 8am – 8pm EST

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Additional Information for
North Carolina Appraisers

North Carolina State Appraisal Board
North Carolina Appraisal Board
5830 Six Forks Road
Raleigh, NC 27609
http://www.ncappraisalboard.org/
Phone: 919-870-4854
Fax: 919-870-4859

Executive officer: Donald Rodgers
ncab@ncab.org

North Carolina AMC State Law (as of August 27, 2013)
N.C.G.S.A. § 93E-2-1

Appraiser Associations in North Carolina
North Carolina Professional Appraisers Coalition
North Carolina Real Estate Appraiser Network
North Carolina Chapter of the Appraisal Institute

North Carolina Continuing Education

Appraisers in North Carolina are required to complete 28 hours on Continuing Education for renewal every 2 years. The latest version of the 7-Hour USPAP Update course must included. Appraisers in North Carolina may only take up to 14 hours of their CE online, and requirements are due by 6/1 of the renewing year.

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.

*Member Benefits part of OREP Membership. Min. Membership fee of $60. Insurance provided through the OREP Risk Purchasing Group. Membership products available for purchase separately.*