Protect Yourself with Superior Colorado Appraiser E & O + ClaimPrevent® (for Individuals or Companies)
Get a Quote & Buy Online
Use our online quote and buy: if you appraise residential property only and haven’t had any claims or disciplinary actions in the last 5 years.
For all others, please request a quote.
More Extensive Colorado E&O Protection for Appraisers and Appraisal Companies
INDIVIDUAL PLANS: CRES Errors and Omissions plans give individual Colorado Appraisers 2 new options, both with more extensive coverage at an exceptional price:
- Superior Plan: $100,000/$500,000 coverage (that’s $200,000 more protection than the state group plan) – just $161
- Platinum Plan: $500,000/$500,000 or $1 million/$1 million – just $305 or $405
FOR APPRAISAL COMPANIES: you can choose to cover the company only, or cover your company and all of your employees. Get a Quote and Buy Online.
All Colorado Appraiser E&O plans include our highly rated pre-claim Legal Help to help you resolve issues before they escalate.
And all plans are guaranteed to meet or exceed 100% of DORA requirements (for individual appraisers and appraisal companies).
Errors and Omissions Insurance Designed for the Residential Appraiser
Sellers always think their house is worth more, and buyers always think they paid too much. As the appraiser, you’re stuck in the middle. That’s why you need appraiser E & O insurance.
- You Won’t be Penalized Because of Other Appraiser Mistakes
Have you seen other companies raise appraiser E & O rates across the board, without looking at your particular claim history? At CRES, your E&O is customized for your particular situation — to give you quality coverage at a low price. - Protection You Need to Cover Your Specific Risks
We only insure Appraisers and Appraisal Companies who specialize in residential properties, so you don’t pay to cover work you don’t perform. Your E&O is customized for your specific risks — rather than a generic policy. - Security of “A” Rated Carriers
Our policies are backed by A.M. Best A-rated carriers and meet 100% of Colorado Real Estate Commission errors and omissions insurance requirements for appraisers. - ClaimPrevent® Legal Services to Prevent Claims from Happening
One way we keep rates low is by giving you access to local expert attorneys to support you BEFORE a problem ever turns into a claim. When you have a question, need a letter written or a document reviewed, have a request from an AMC or a lender that makes you uncomfortable, or you’re involved in a disciplinary action, you’ll have expert help within 4 hours or next business day. Included with your appraiser errors and omissions insurance plan.
Colorado Individual Appraiser E & O Plan Details
- Discrimination Defense and Damages
- Bodily Injury/Property Damage to $100,000
- Environmental/Pollution to $100,000
- Broad Form: includes $30,000 subpoena coverage, $20,000 disciplinary proceedings, $50,000 data breach coverage, $10,000 loss of earnings, and more.
- Prior Acts Coverage (No 2008 Limitation) — you’re protected for prior transactions for as long as you’ve had continuous E&O coverage
- Compliant with GSE and AMC requirements
- No FDIC exclusion
For INDIVIDUAL APPRAISERS or APPRAISAL COMPANIES, Quote and Buy Now
Qualifications for online quote and buy: No claims or disciplinary actions in the last 5 years, and you appraise residential property only.
If you don’t meet these qualifications, please request a quote.
Comprehensive Protection for Colorado Appraisal Companies
We’re part of Arthur J. Gallagher, one of the largest insurance brokerages in the world. That gives us unequaled access to product options most others can’t offer you. Let us find your appraisal company the most extensive protection for an exceptional price, including:
If you own an Appraisal Company: a Business Owner’s Policy combines general liability and other key coverages into a single policy.
Read each policy for a full comparison of coverage and benefits. Certain restrictions apply. All coverage is subject to Underwriting and other qualifications.