Real Estate Appraiser Insurance

Real Estate Appraisers
Real estate appraiser with paperwork at his desk
Choose from the nation's best insurance providers
Logos of Insureon's business insurance carrier partners

Why do real estate appraisers need business insurance?

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.

Real estate appraiser taking pictures of a client's home.
Compare insurance quotes icon

Get same-day insurance

With Insureon, real estate appraisers can get insurance coverage the same day they apply for quotes.

Fill out our easy online application to compare quotes from top-rated providers.

What types of insurance do real estate appraisers need?

These insurance policies cover the most common appraiser risks.

Errors and omissions insurance icon

Errors and omissions insurance

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.

  • Accusations of inaccurate appraisals
  • Missed deadlines for appraisals
  • Mistake in a commercial appraisal
General liability insurance icon

General liability insurance

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.

  • Slip-and-fall accidents
  • Damaged customer property
  • Libel and other advertising injuries
Workers’ compensation insurance icon

Workers’ compensation 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.

  • Employee medical expenses
  • Disability benefits
  • Employee injury lawsuits
Business owner’s policy icon

Business owner’s policy

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.

  • Customer bodily injuries
  • Damaged customer property
  • Business property damage and theft
Commercial auto insurance icon

Commercial auto insurance

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.

  • Car accidents
  • Vandalism and theft
  • Weather damage
Cyber insurance icon

Cyber insurance

This policy helps cover costs related to data breaches and cyberattacks. It's strongly recommended for any small business that handles sensitive data.

  • Customer notification expenses
  • Data recovery efforts
  • Fraud monitoring costs
Looking for different coverage? See more policies.

How much does insurance cost for real estate professionals?

Real estate professional calculating the cost of business insurance.

A small real estate business will pay less for insurance than a larger company.

Factors that affect premiums include:

  • Real estate services offered, such as appraisals
  • Business property and equipment
  • Business income
  • Types of insurance purchased
  • Policy limits and deductibles
  • History of insurance claims
View Costs

How do I get real estate appraiser business insurance?

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:

  1. Complete a free online application
  2. Compare insurance quotes and choose policies
  3. Pay for your policy and download a certificate

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.

Verified business insurance reviews

Hear from customers like you who purchased small business insurance.

Compare insurance quotes for appraisers

Save money by comparing insurance quotes from multiple carriers.