An inaccurate valuation or accidental property damage could financially impact your appraisal business. Protect yourself with real estate appraiser insurance.
These policies provide coverage for the most common appraiser risks.
This policy covers basic real estate appraiser risks, such as customer property damage and injuries. Bundle with property insurance for savings in a business owner’s policy.
This policy is also called E&O or professional liability insurance. It can cover the cost of lawsuits related to an appraiser's work performance and business decisions.
This policy is required in almost every state for real estate appraisal businesses with employees. It can help cover medical fees and lost wages for work-related injuries.
This policy bundles property insurance and general liability insurance in one plan. A BOP is often one of the most cost-effective types of commercial insurance for an appraiser.
This policy is required for business-owned vehicles. It typically pays for medical bills and damages after an accident, along with vehicle theft, vandalism, and weather damage.
This policy helps real estate appraisers mitigate the aftereffects of data breaches and cyberattacks. It can cover data recovery expenses and other costs related to a breach.