An inaccurate valuation could have a big financial impact on your small business. Real estate appraiser insurance can help you bounce back from lawsuits, injuries, and other financial losses. Some insurance policies, such as workers' compensation, may be required by law.
These insurance policies cover the most common appraiser risks.
This policy covers basic real estate appraiser risks, such as customer property damage and injuries. Bundle it with property insurance for savings in a business owner’s policy.
This policy covers the cost of lawsuits related to work performance and business decisions. It’s also called real estate appraiser E&O insurance or professional liability insurance.
Most states require workers' comp for real estate appraisal firms that have employees. It also protects sole proprietors from work injury costs that health insurance might deny.
A business owner's policy, or BOP, is a cost-effective way for real estate appraisers to buy commercial property insurance and general liability coverage together.
This policy is required for business-owned vehicles. It can help pay for medical bills and damages after an accident, along with vehicle theft, vandalism, and weather damage.
This policy helps cover costs related to data breaches and cyberattacks. It's strongly recommended for any small business that handles sensitive data.
It's easy to get business insurance for real estate appraisers or personal property appraisers if you have your company information on hand. Our application will ask for basic facts about your business, such as revenue and number of employees. You can buy a policy online and get a certificate of insurance with Insureon in three easy steps:
Insureon's licensed insurance agents work with top-rated U.S. providers to find the right insurance coverage for your appraisal business, whether you work independently or hire employees.