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How much is e&o insurance for appraisers. Our Standard Appraiser EO Insurance Program is designed for firms with more than one appraiser or for individual appraisers with income exceeding 150000 annually. Errors and omissions insurance for real estate appraisers also known as appraiser EO insurance helps protect appraisers from costs related to professional liability claims. 300K Limits of Liability.
Get free appraisers liability insurance quotes for your small business. 844 524-6500 The zip code you entered is invalid. LIA offers uncompromising quality with conservative pricing.
Anuncio Comparing through us is 100 free of charge. Program Features For Real Estate Appraisers. The average price of a standard 10000002000000 General Liability Insurance policy for small real estate appraisal businesses ranges from 37 to 49 per month.
Appraisers can budget for their EO premium but not the sudden financial impact of an EO claim without a solid insurance policy. So if your business has 50 employees you can estimate your errors and omissions premium to be between 25000 and 50000 per year. Real Estate Appraiser EO Insurance Program Highlights Specific coverage details vary by program please ask your OREP agent Minimum Premium.
500K Limits of Liability and Higher. Average costs for EO coverage are usually 500 to 1000 per employee per year. Mortgage Brokers Other Property Managers Real Estate Agents Real Estate Appraisers Title Abstractors Title Agents Closing Agents.
Up to 3000000 in coverage Retention out-of-pocket claims expense from 5000 to 100000 Payment options. For example the most commonly purchased limit in our program is 10000001000000. This will determine the amount of EO insurance you may need.