Real Estate Appraiser E&O Insurance

360 Coverage Pros offers a quick and easy rate, quote and bind online process featuring an A.M. Best “A++” rated (Superior), Financial Class XV company. With a simple six-question application process, this product offers limits up to $1 million each claim/$2 million aggregate, and provides Appraisers with the protection they need to safeguard their business.

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  • Product and Coverage

    • Residential and commercial appraisals
    • Broad definition of Professional Service (includes incidental services as a notary public, member of a formal accreditation committee, standards review committee or similar board or committee
    • Free Extended Reporting Period for death, disability or retirement
    • Defense costs outside the limits of liability
    • Prior acts coverage with proof of continuous coverage
    • No FDIC exclusion
    • Supplementary Payments
      • Reimbursement of expenses for loss of earnings at attendance of trial or hearing includes $250 per day/$5,000 per claim
      • Reimbursement of expenses for board proceedings defense includes $3,000 per claim/$30,000 aggregate
      • Subpoena expenses are $5,000 per event
      • $100,000 discrimination coverage
      • Electronic information damage up to $2,500
      • Professional reputation protection up to $2,500
        • Supervisory Appraiser Coverage
        • Appraisers Premises Coverage—$10,000 sublimit
        • Drone Photography Coverage—$10,000 sublimit

      Target Classes

      Individual residential and commercial real estate appraisers.

      Restrictions

      AK, LA, NY, WV