 |
OREP specializes in placing errors and omissions insurance for real estate appraisers, home inspectors, real estate agents and brokers, mortgage field service professionals, mortgage brokers, title and others.
OREP offers the lowest rates on appraiser's insurance with same day coverage &
confirmation (most cases).
Click here for our Frequently Asked Questions
|
Appraisers Errors & Omissions Insurance
Group
or Company Coverage
If you are interested in obtaining a policy for
two or more appraisers, including trainees and staff, and/or
if you do any
real estate
sales/brokering,
please click
here.
This policy covers appraising
and real estate sales/brokering.
Individual Appraisers Coverage
To cover only one appraiser for
appraising only, please
click on your Resident State below for the premiums/application for
your state.
See below for
tips on completing the application. The premiums in the
table below apply to most states.
This
program requires that appraisers be licensed and have no claims or disciplinary
actions against them in the past five years.
If you have had a claim or disciplinary action filed against you, please use
this
application
and submit along
with complete details
of the claim/disciplinary action.
Individual Appraiser Program Highlights
• "A++" Carrier
• $500 deductible
• Lowest premiums
•
Same day coverage, no waiting for a quote
• Beginning Appraisers Qualify (if you've passed your state test)
• Includes Prior Acts (for qualified applicants,
include your current policy's declarations page with application)
• Coverage for Commercial Work
•
Includes all
benefits
of membership, including a subscription to
Working RE Magazine
•
Same Day Financing
Available (minimum
premium is $500,
click
for
financing information)
Important Tips for
Completing the Application - Please type or print clearly.
-
Complete page one with
your contact information and answer every question.
> Questions 1-4 will let you know if you qualify for this program. If
you mark 'false' on any of these questions, please use this
application
and submit along with complete details of the claim/disciplinary
action.
> Questions 5-7 determine which rate you qualify for.
If you mark 'false' to
any of these questions, please use the Commercial rate. > If you put a PO Box on your application, please include a physical address on a separate piece of paper.
-
Sign and date
page two of the application.
-
If you have current coverage in
place with a company other than OREP, please include
a copy of your expiring Declarations Page
to retain prior acts coverage.
-
After completion,
save the document (otherwise it will arrive blank) and then submit with payment,
checks made out to OREP.
If
you are using Adobe Reader, please print the completed application, sign
it and then submit. Fax:
619-704-0793; Email:
appraisers@orep.org.
(Financing
is available.)
What you can Expect
-
If your application is received, a confirmation receipt will be emailed
to you. If your application is incomplete, an agent will contact you
immediately. If you do not hear from OREP within one business day please
call us.
-
Declarations pages and policies
are emailed within 2
to 5 business days. Coverage is NOT bound until
a binder/declarations page is issued.
-
If you need expedited
processing, please email your request to
appraisers@orep.org.
-
Confirmation
letters
for proof of coverage, prior to issuance of your Binder/Declarations
page,
are available upon request. Email
appraisers@orep.org and one will be issued.
>>Click your Resident State.
If application fails to open
please contact OREP.
*
LA and NY insurance policies require quoting, which may take 2-3 business days. If application
above fails to open please click
here.
Premiums vary by state. Premiums in this table are for most states.
|
Premiums |
Residential |
Commercial |
|
Per Claim/Annual
Aggregate* |
Most States |
Most States |
|
$300,000 / $600,000 |
$455 |
$537 |
|
$500,000 / $1,000,000 |
$520 |
$613 |
|
$1,000,000 / $2,000,000 |
$590 |
$694 |
|
*A standard deductible of
$500 per claim/$1,000 aggregate will included in each policy. |
**To
avoid delays, please type or print clearly when completing the application.
Note: PDF and Word applications can be completed online by typing data
directly into the form. After completion, simply save the
document and submit via email or fax. If you are using a free version
of Acrobat, please print the completed application before
emailing/faxing, otherwise it will arrive blank.
Call or email us with any
questions: (888) 347-5273 or
appraisers@orep.org.
Fax: (619) 704-0793 (preferred) or alternate fax: (619) 269-3884.
We answer the phone!
Agent/Broker:
David Brauner/David Brauner Insurance Services - Calif. Ins. license
#0C89873. Licensed in 49 states. Please call for license number in your
state.
Contact
us
appraisers@orep.org
Ph: (888) 347-5273
Fax: (619) 704-0793 (preferred) or (619) 269-3884 (alternate)
Click to learn more
about Surplus Lines
General Liability
Insurance is available
Please ask your agent for details.
"Just a quick thank you
for taking my two phone calls. It's rare these days to get excellent customer
service AND a live person when investigating products and
services. I really felt like your staff was empowered to make decisions and
comments regarding questions they were confident/competent with and also felt
like they were empowered to pass the questions up a level if they were unsure.
The speed at which I moved from Jennifer to Maria, and subsequently from Maria
up to you was something I haven't experienced in this age of automation and
voice prompts. You and your staff have made a tremendous first and second
impression on me...” -
Ken Snyder
Member Benefits
• Working RE Magazine FREE subscription
• Purchase AMC Directory
• Appraisals & Identity Security Solution
• Bank Appraisers Needed
• Group Medical Insurance (California residents)
• Appraiser's Guide to Energy Auditing/Rating
• Introduction to Energy Auditing Webinar
•
FHA Appraiser Inspection Course, Checklist and eManual
• Lower Prices from your Favorite Suppliers
• Benefits Page
Receive fast, personal service from the OREP staff who have been serving appraisers, inspectors and other real estate professionals for over 16 years.
(David Brauner: Calif. Insurance License 0C89873)
Click Errors and Omissions Programs at right for more information and applications or call us Toll Free: (888) 347-5273. We’re here to help!
|
Link to OREP - Your Number 1 E&O Insurance Resource For Real Estate Professionals!
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
|
|