Real Estate Appraisers
Errors & Omissions Insurance

Program Highlights

Twenty-plus years running.  .  . Intercorp’s flagship program provides professional liability insurance for Real Estate Appraisers.  From its inception in 1994, following the passage of certification laws by the various states, to today—Intercorp is at the forefront in serving the appraisal community with strong policy coverages, seasoned claims-handling, and exceptional service.


Coverages Specifically for Appraisers

  • Broad definition of Named Insured.
  • No exclusions for appraisals performed for right of way purposes or appraisals of vacant land.
  • No exclusion for claims resulting from the insolvency of a financial institution or brought by the Federal Deposit Insurance Corporation (FDIC).
  • New! ---Premises Liability Sub-Limit (bodily injury and property damage during the on-site review of the property).
  • Sub-Limits for Disciplinary Proceedings and Subpoena Assistance.
  • Appraisal Management Company Endorsement.
  • Excellent Extended Reporting options (one to five years).  Plus --Retirement Extended Reporting available to qualified insureds at no additional premium.



How long does it take to get a quote and bind coverage?

In most cases, we are able to quote and bind coverage within 24 hours of receiving a completed application, signed acceptance of the quotation and premium payment, along with outstanding items specified in the “Conditions” section of the quotation.

How do I apply for coverage?

You can apply online or give us a call for an application, 800-640-7601.  Office hours are 8:30 – 4:30 Eastern time.

Do you provide coverage for appraisers who have had a claim or disciplinary action?

We review each account individually, as well as the details surrounding any claim or disciplinary action.  In most cases, we are able to offer a proposal for coverage.

What limits of liability should be purchased?

We recommend that you check with your clients to determine whether they require a specific limit of liability.

Does the policy cover all types of appraising?

Yes, both residential and commercials real estate appraisers are eligible for coverage under this program.

Does the policy offer prior acts coverage?

Prior acts coverage is available in most cases if you can provide proof of uninterrupted coverage.  You will need to submit a copy of your current/expiring Errors & Omissions Insurance policy declarations page.

What is a claims-made policy?

A claims-made policy defines how a policy responds to a claim.  In order for coverage to apply, you must have coverage in force at the time the appraisal is performed AND at the time the claim is made, with no lapse in coverage.

What happens when I am no longer appraising or retire?

An Extended Reporting Endorsement will be offered to you.  This endorsement extends the period of time in which to file a claim under your policy.  We offer Extended Reporting Endorsements for periods of one to five years and an unlimited endorsement for qualified retirees.

What makes you different from other E&O providers?

Several things:  First, our staff is knowledgeable, experienced, and responsive.  Second, we stay on the cutting edge of the profession, and provide extra coverages that you won’t find anywhere else.  And finally, we are a stable market for appraisers.  This program has been operating for more than 20 years, and our insuring company has been on the program for 12 years.  Claims handling is top-notch because of this continuity and experience.