Real Estate Appraisers Professional Liability
Offered by Target Professional Programs
Real Estate Appraisers E&O Real Estate AppraisersDescription
Target's Professional Liability coverage for real estate appraisers is designed to cover claims made against an appraiser's “opinion of value” -- even when the accusations are false.
TARGET MARKETS: WHAT WE CAN WRITE
Firms with up to 20 appraisers are eligible. Light commercial appraisals acceptable (up to 4 stories or 50,000 Sq. Ft.)
PROGRAM HIGHLIGHTS
• Program available in all states
• Claims Made & Reported policy
• In most states, annual premium for $1 million coverage starts at just $390
• Premium discounts for multi-appraiser firms, including trainees
• Optional Prior Acts Coverage
• Carrier partner Rated A XV by A.M. Best
• Optional 12-month Extended Reporting Period
• Independent contractors covered under Definition of Insured
• Coverage includes “Additional Insureds”
PROGRAM PARAMETERS
Limits: $1 million / $2 million
SUBMISSION REQUIREMENTS
Signed and dated application (Available at www.TargetAppraisers.com)
Email submissions to Appraisers@TargetProIns.com, or fax to 866.720.5003
PROGRAM CONTACT
Lori Vitullo
LVitullo@TargetProIns.com
331-333-8222
TARGET MARKETS: WHAT WE CAN WRITE
Firms with up to 20 appraisers are eligible. Light commercial appraisals acceptable (up to 4 stories or 50,000 Sq. Ft.)
PROGRAM HIGHLIGHTS
• Program available in all states
• Claims Made & Reported policy
• In most states, annual premium for $1 million coverage starts at just $390
• Premium discounts for multi-appraiser firms, including trainees
• Optional Prior Acts Coverage
• Carrier partner Rated A XV by A.M. Best
• Optional 12-month Extended Reporting Period
• Independent contractors covered under Definition of Insured
• Coverage includes “Additional Insureds”
PROGRAM PARAMETERS
Limits: $1 million / $2 million
SUBMISSION REQUIREMENTS
Signed and dated application (Available at www.TargetAppraisers.com)
Email submissions to Appraisers@TargetProIns.com, or fax to 866.720.5003
PROGRAM CONTACT
Lori Vitullo
LVitullo@TargetProIns.com
331-333-8222
Listing Contact
Lori Vitullo
Offered By
Availability 49 states
Alabama
Alaska
Arizona
Arkansas
California
Colorado
Connecticut
Delaware
District of Columbia
Florida
Georgia
Hawaii
Idaho
Illinois
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maine
Maryland
Massachusetts
Michigan
Minnesota
Mississippi
Missouri
Montana
Nebraska
Nevada
New Hampshire
New Jersey
New Mexico
New York
North Carolina
North Dakota
Ohio
Oklahoma
Oregon
Pennsylvania
Rhode Island
South Carolina
South Dakota
Tennessee
Texas
Utah
Vermont
Virginia
Washington
West Virginia
Wisconsin
Wyoming
Covered
Not Covered
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