Providing real estate appraisal services comes with risk. Our Errors & Omissions program for real estate appraisal firms provides the modern, flexible insurance coverage these professionals need to operate in today’s real estate market.
Availability: In all 50 states and US territories*
Coverage: Admitted, with an A rated carrier
Target risks: Appraisal firms that provide services for single family residences, multi-family residences, lots and vacant land, commercial and industrial property, farms, ranches, land development and subdivisions
Minimum premium: $500
Deductibles: Starting at $2,500
Limits: Up to $5 million
Policy Features
- Coverage for expert witness or real estate consultant or counselor provided the services are limited to real estate appraisal
- Up to $15,000 per incident for attorney fees and expenses resulting from the investigation or defense of a proceeding before a real estate licensing board
- Up to $15,000 per incident for advisory services provided by a public relations firm as a result of a public relations event
- Up to $20,000 for expenses to hire a forensics firm to investigate a network security breach and provide notification to those whose confidential commercial information or non-public personal information may have been disclosed in an unauthorized manner
- $250,000 discrimination coverage at no additional premium
- Pre-claims assistance up to policy limits to investigate a potential claim
- Deductible reduced by 50 percent up to $25,000 if a claim is resolved through mediation
Get a Quote
Register for V2 to quote, bind and issue in minutes, 24/7 or complete an application.
Download a printer-friendly version
*Policy forms and policy terms may vary by state and territory