Insurance, Education, Information
Workers comp, auto, general liability/property and umbrella coverages are now available to you from CNA Insurance and OREP in addition to errors and omissions insurance. Competitive rates and quick, efficient online quoting are available nationwide for appraisers, agents/brokers and certain other professions. Please call or email OREP.org for a free quote: (888) 347-5273, email@example.com.
Appraisers E&O: $455 (minimum premium certain sates)
Appraisers enjoy same-day E&O insurance coverage (most cases) with an A++ carrier and other benefits through OREP. Instant financing is available.
Individual Appraiser E&O Rates
|Per Claim/Annual Aggregate||Most States|
|$1,000,000 / $2,000,000||$650.00|
|$500,000 / $1,000,000||$573.00|
|$300,000 / $600,000||$501.00|
Please Note: Rates vary by state. Commercial rates are slightly higher. Please call or visit www.orep.org for more (888-347-5273).
A standard deductible of $500 per claim/$1,000 aggregate is included with each policy. Prior acts coverage is provided free for qualified applicants (call for details). Beginning appraisers/trainees qualify. If you would like an application for this program or a quote for a multiple-appraiser firm or for sales/brokering, please call or visit OREP: (888) 347-5273 www.orep.org. Subscription to Working RE Magazine included. Financing available.
Appraiser E&O options
• Combine Appraising, RE Sales and Brokering: One low premium covers both appraising and sales/brokering. Firm coverage includes all appraisers/agents: $429-$600 (most states)
• Appraisal Firm Coverage: If you are experiencing an increase in rates, a decrease in coverage or new exclusions that seem unreasonable, it pays to shop OREP when your firm’s E&O policy is expiring. Many firms are switching to OREP.
• AMCs: Many appraisal management companies are forming in the wake of HVCC. If you need this additional coverage, OREP can help.
• Retiring: If you are retiring from appraising, ask your insurance agent about purchasing extended reporting Period or “tail” coverage. Without it, you are exposed for any liability that may arise from past appraisals. Premiums range from one to one-and-one-half times (100%–150%) your last year’s premium and can provide coverage forever into the future for past appraisals. Each program is unique. Call your agent for details if you are planning to retire.
• Trainees: You qualify for the same low rates with OREP.
Continuing Education Packages (up to 49 hours)
50 States, 30 Titles, Classroom/Homestudy
Appraisers and agents can now satisfy continuing education requirements online and/or in the classroom in 50 states with reduced-fee packages of continuing education (up to 49 hours), including the seven-hour USPAP Update course. The coursework is offered through the OREP Education Network and McKissock Education. Signup just takes minutes. Visit OREP.org, click OREP Benefits and then OREP Education Network to see what’s available in your state and for the discounts or e-mail firstname.lastname@example.org for instructions. OREP members and others save on these special packages and on all coursework.
Appraisal firm E&O Coverage
Many appraisal firms are surprised to learn how much they can save by shopping OREP. If your firm’s E&O policy is expiring, it pays to shop OREP for a quote. If you are experiencing an increase in rates, a decrease in coverage or new exclusions that seem unreasonable, call OREP today for a fast, competitive quote.
Working RE Online News Edition: Appraisers and Home Inspectors Versions
One thing you may not know is that Working RE Online News Edition publishes many stories you won’t find in print. Important news is breaking nearly every week: if you don’t receive WRE’s Online News Edition you are missing valuable news and analysis specific to appraising. Working RE Online News Edition keeps you informed and competitive. Designed to keep you up to speed between print issues, WRE Online is read by over 52,000 appraisers twice a month and 16,000 home inspectors. If you’re not reading it, you’re only getting half the story. You can opt in to either edition at WorkingRE.com or email email@example.com with “appraiser” or “inspector” in the subject.
FHA Appraising: What do you Know?
1: What is FHA’s primary program for rehabilitation and repairs of single-family properties?
2: If you are a home inspector, how can you use your skills to become an FHA consultant?
3: Which section allows a homeowner to borrow against the equity in their property that has limited outstanding debt?
4: What is the purpose of declining urban areas?
5: How do you appraise foreclosures for HUD?
Did you get all the questions correct? If not, don’t worry. This FHA package provides these answers and much more. (For answers to this FHA quiz, go here.)
Short Term Medical Insurance
Affordable short term medical insurance is also available in various states for if you are between jobs, waiting for coverage after you’ve started a new job, a college student, unable to qualify for or afford individual health coverage or Cobra. OREP membership is not required. Please visit OREP.org/Benefits or email firstname.lastname@example.org with medical benefits in the subject. A qualified agent will call to go over the options.
How Do you Feel about your Insurance Agent?
OREP: Thanks so much for all of your help. You guys are great. We love working with you as you work so darn hard to help us all the time. Again, you guys rock. Keep up the fantastic work. – Ranee and Martin Kramer
Do you feel this way about your insurance agent? If you don’t, consider OREP/David Brauner Insurance Services: Coverage, Rates and Business by the Golden Rule.
Call us toll free (888) 347-5273 today for your insurance needs. If you get an automated greeting, simply press “2” to speak to one of our 10 agents/staff during regular business hours.
Inspectors: $1,250 Covers one or Multiple Inspectors New Streamlined Application
“Thank you very much for your very efficient and professional service. I can not believe how quickly you put this together. It has been a pleasure working with you.” —Joel Kunkel, Home Star Inspection Services
If you haven’t shopped OREP, chances are you are paying too much for E&O insurance. The policy is offered by an “A” Rated carrier and covers all inspectors in your company, including independent contractors. Save money and time with OREP!
Coverage Includes: Additional Insured Endorsement for Agents and other referring parties, termite and radon coverage, coverage for commercial inspections, pool, septic and new construction/code compliance! Includes coverage for energy auditing.
Financing is available. Prior acts for qualified applicants; low-cost Premises Liability and General Liability are available. Before you write your check for E&O this year, you owe it to yourself to shop OREP. Join the hundreds of inspectors who have switched to OREP. Call or visit for details and a quote: (888) 347-5273 or www.orep.org. Agent David Brauner, Calif. Insurance Lic. #0C89873.
OREP Members—Get Answers Fast
In addition to calling David Brauner Insurance Services/OREP anytime, policy holders can now access our new Policy Servicing Service by emailing their request to email@example.com. Requests are usually handled the same business day. Or find a new Frequently Asked Questions section at OREP.org/OREP-FAQ.htm. (888) 347-5273.
Save Money with Corporate Pricing
Save money from Office Depot, Staples, Dell, FedEx, UPS, Sprint, Travel and many more with Corporate Pricing from OREP. This is from an OREP insured: “Thanks (Clark) for sending us the Benefits link. Just enrolled with Verizon and will save 19% per month! Thanks again! – Amy” Other savings from OREP included valuable discounts on online continuing education in 50 states and Group Medical Insurance. Visit OREP.org and click Benefits for more.
Group Health Care – No Application/Limitations for Pre-Existing Conditions
California residents qualify for programs offered through Kaiser Permanente, Allied National and United Healthcare. These plans are available to real estate professionals on a guaranteed issue basis. Eligibility is accomplished by being a member/affiliate member of a real estate association/board. Kaiser Permanente offers eleven plans including the new Tax Advantaged Health Savings Account Plans. United Healthcare offers three HMO and four PPO plans, including a Tax Advantaged Health Savings Account. Allied National offers four Limited Benefit PPO Plans that offer highly affordable first dollar coverage including doctor office and emergency room visits and prescription drugs. These plans are available to California residents only through OREP (OREP membership not required). Please visit OREP.org/Benefits or email firstname.lastname@example.org with medical benefits in the subject. A qualified agent will call to go over the options.
Continuing Education at Cost!
Appraisers and Agents: Online McKissock course, Essential Elements of Disclosures and Disclaimers ($79/5 hrs. approved continuing education in most states), is available to OREP Members/Affiliates for administrative costs ($15.64). (See Understanding Disclosures and Disclaimers for more.)