Professional Marketplace
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, info@orep.org. 

Appraisers E&O: $455
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

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

• Adding Sales and Brokering: If you’re adding sales/brokering to your appraising services, you may be able to obtain combined coverage for about the same premium with OREP.
• 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.

Call or visit today: www.OREP.org • (888) 347-5273 • info@orep.org

Solution: Protecting Appraisals & Identity
New technology allows appraisers to accurately associate their identity and credentials to an unalterable “true copy” appraisal report using fingerprint technology. The system provides guaranteed assurance of the authentication, security and accountability of appraisal reports without impeding existing technology. Clients can limit their liability and have certainty that the appraisals they receive are secure and authenticated and were created by an accurately-identified and properly credentialed appraiser. See Appraisal Security for more.

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 info@orep.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.

FHA Appraising Simplified - FHA Appraiser Inspection Course, Checklist and eManual
FHA appraisals are booming, given the current market conditions. Better yet for appraisers, FHA work is not subject to HVCC which means these appraisals are still full fee. This new FHA Appraiser Inspection Course, Checklist and eManual is designed to get you up to speed on FHA appraising (no continuing education credit is available at this time). The course explains how to complete the two page checklist line by line. The Checklist serves as a field guide for completing your reports. The eManual saves you time and money by summarizing and organizing the material you need to know. Author/appraiser Lore DeAstra says, “We reviewed more than 450 pages of HUD materials and spoke with several HUD officials to compile the FHA Appraiser Inspection Form, course materials, and eManual. It will save you time and money.”

“The eManual is written for the appraiser needing to know the latest FHA requirements. It is concise, yet contains all the newest appraisal requirements that are scattered throughout the volumes of FHA manuals, letters, etc. The included FHA Appraiser Inspection Checklist is a short two pages and still a reminder of those unusual situations not usually encountered. This will keep the appraiser from omitting required items and having to return to the subject property.” —C. Pierce. MAI, Appraiser +30 Yrs - Detroit, Michigan.

The FHA Appraiser Inspection Course, Checklist and eManual is $49 ($40 for OREP insureds). To order, please go to WorkingRE.com and click FHA Inspection Course, Checklist and eManual. Your FHA Inspection Course, Checklist and eManual will arrive within one business day via e-mail.

$150 Minimum Premium: Appraiser/ Inspector General Liability Insurance
This business-owners liability policy is for home-based businesses and includes premises coverage for property damage for when you’re at the inspection/appraisal site. Possible claims scenario is knocking over a vase during a walkthrough (property damage). Minimum premium is $150 and varies according to location and coverage. Call or visit OREP for more: (888) 347-5273, info@orep.org, www.orep.org. David Brauner Calif. Insurance License #0C89873.

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!

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.

Inspectors E&O Insurance

Energy Rating/Auditing- Diversify and Grow
• Appraiser’s Guide to Energy Rating by Jeff Patterson– provides a jump start for this exciting growth opportunity from an appraiser who has already integrated the service into his appraisal practice (New Niche: Energy Auditing). Get the appraisal and the energy audit! WorkingRE.com (upper left, click Appraisers Guide to Energy Rating).
• A new one-day webinar is now available for inspectors, appraisers, agents and others to introduce you to energy auditing. Course provider CMC Energy Services has conducted over 325,000 energy audits since 1977 and trained over 2,000 energy auditors in the past five years. See “Introduction to Energy Rating” on page 37 for more or visit WorkingRE.com (top left, click Introduction to Energy Rating Webinar). OREP members enjoy a discount.
• Insurance: OREP’s E&O program for home inspectors includes coverage for energy rating/auditing at no additional cost. Visit www.orep.org/home-inspectors-e&o.htm for more. Appraisers, agents and others can obtain E&O and general liability coverage through OREP for $750-$1,500 depending on the coverage. Visit, email or call for more: www.orep.org or info@orep.org (888) 347-5273. David Brauner, Calif. Insurance License #0C89873.

Group Health Care—No Application/Limitations for Pre-Existing Conditions
True Group Health Coverage: California real estate professionals qualify for programs offered through Kaiser Permanente and PacifiCare. Kaiser Permanente programs feature no pre-existing condition limitations and no-deductible plans. Visit www.orep.org and click “Benefits” or e-mail info@orep.org with "Calif. Health" in subject.