Appraisal Firms E&O

Providing real estate appraisal services comes with risk. Victor's errors & omissions program for real estate appraisal firms provides the modern, flexible insurance coverage required to operate in today's real estate market. 

Protection that never sits still

State-of-the-art insurance coverage for appraisal firms that provide services for single family residences, multi-family residences, lots and vacant land, commercial and industrial property, farms, ranches, land development and subdivisions. 

Quote, bind and issue policies online in minutes, 24 hours a day with V2.

Why choose Victor?

Learn more about how you and your clients will benefit from securing a Real Estate E&O policy with Victor.

real estate professional with clients

8 compelling reasons to insure your real estate firm

Some real estate firms may consider going without errors & omissions coverage to save money. However, dropping your coverage can cost you more than you think. 

real estate professionals

Agent/broker resources

Quote, bind and issue policies in minutes with V2

  • Register or log in to get started
  • Check out our V2 Playbook to for guidance on how to get a quote, and for  information on registration, billing, FAQs, support and more. 

See it in action! Watch our recorded demo.

Availability: In all 50 states and US territories*

Coverage: Admitted, with an A rated carrier

Target risks: Appraisal firms that provide services for single family residences, multi-family residences, lots and vacant land, commercial and industrial property, farms, ranches, land development and subdivisions

Minimum premium: $500

Deductibles: Starting at $2,500

Limits: Up to $5 million

Policy features:

  • Coverage for expert witness or real estate consultant or counselor provided the services are limited to real estate appraisal
  • Up to $15,000 per incident for attorney fees and expenses resulting from the investigation or defense of a proceeding before a real estate licensing board
  • Up to $15,000 per incident for advisory services provided by a public relations firm as a result of a public relations event
  • Up to $20,000 for expenses to hire a forensics firm to investigate a network security breach and provide notification to those whose confidential commercial information or non-public personal information may have been disclosed in an unauthorized manner
  • $250,000 discrimination coverage at no additional premium
  • Pre-claims assistance up to policy limits to investigate a potential claim
  • Deductible reduced by 50 percent up to $25,000 if a claim is resolved through mediation

*policy forms and policy terms may vary by state and territory

Download the Appraisal Firms E&O coverage highlights sheet

Policy form (for all states excluding CA, HI, LA, NY, PR and VI)

Policy forms (for CA, HI, LA, NY, PR and VI)

Excess & Surplus lines policy specimen:

Contact the real estate E&O team directly at realestate.us@victorinsurance.com or connect with your business development contact.

Policyholder Resources

To get a quote, please submit a completed application through your existing insurance broker. Your insurance agent/broker can work with our underwriters to provide you with a quote.

If you require assistance in securing an insurance broker, please contact us at realestate.us@victorinsurance.com

To find the right application, please select the solution you’re interested in under “Solutions” and head to the “Applications” section of that page.

You should report not only claims, but incidents as well. An incident is any situation in which you are concerned that a claim may occur. 

For your convenience in submitting a claim, you can use our E&O claim form. Please send claim information to realestateclaims.us@victorinsurance.com.  

Here's how to ensure the fastest possible response to your incident or claim: 

  1. Report your incident or claim as soon as possible by writing the CNA Insurance Companies in care of:
    Victor Insurance Managers LLC
    7700 Wisconsin Ave., Suite 400
    Bethesda, MD 20814

  2. With respect to claims, all principals and staff members involved in the claim should be prepared to document the circumstances surrounding the allegation. Your written report should include the following:

    - Your firm's name and address
    - Your policy number
    - Date, time and location of the situation
    - Brief narrative description of the allegation against you
    - Name of person or entity making the claim
    - Amount of demand, if known
    - Any lawsuit papers or legal proceedings
    - Any other pertinent documents or correspondence, including newspaper accounts

  3. If the claim or incident involves a traumatic situation, take photographs of the claim site if possible. Amateur photos taken promptly are more valuable than professional photos taken at a later date.

  4. Consult your local claims specialist before you agree to attend any conferences arranged for the specific purpose of discussing the situation.

  5. Do not sign or accept release from any parties without first obtaining approval from your claims specialist. 

  6. Keep all pertinent letters of agreement for services, correspondence and memorandum.

  7. Accept all letters, memorandum and suit papers without comment or argument. Do not admit liability and do not attempt to place blame.

Questions about a claim or circumstance?

The Victor/CNA claims hotline is a resource for policyholders to speak with a claims professional. To speak with a claims professional, dial (877) 732-5444. Please note if specialists are currently engaged, you may be prompted to leave a voicemail, which will be returned within 24 hours. 

Be advised that claims cannot be reported via the Victor/CNA claims hotline.

Victor and the National Association of REALTORS® have partnered under the NAR REALTOR Benefits® Program to provide a first-class errors and omissions (E&O) insurance program to REALTOR® members. For assistance please call (888) 429-6638.

Several premium credits are available, as allowed by state law, including a credit for being an NAR member, holding select NAR designations, continuing education, use of standard contracts, use of home warranties, and implementing risk management programs. Coverage is available in all 50 states, DC and US territories. 

When it comes to the real estate industry, an outsider’s view doesn’t cut it. When our real estate underwriters are evaluating your risks, they see your transactions as clearly as you do. 

To help you understand and overcome risks, Victor Risk Advisory offers rock-solid industry insights, claims scenarios, risk mitigation resources and much more.

The world is changing at an unprecedented pace. And complex new risks are emerging every year.

To help you understand and overcome these challenges, Victor Risk Advisory offers rock-solid industry insights, risk mitigation resources and much more.

Save time and money with V²

If you’re an agent or broker, see how our online quoting platform can streamline your work and remove the stress from the entire quoting process.

Are you a member of the National Association of REALTORS®?

We can offer you special discounts and pricing on our coverages.

Side view of modern apartments with balconies

Discover our other solutions

Our wide range of solutions provides protection on more fronts. No matter how complex, no matter the scale, we strive to leave no stone unturned in covering our clients.

Automotive Dealerships

Targeted, rounded solutions that keep pace with the automotive industry’s emerging risks.

Builders Risk

Protects buildings under construction from fires, theft, natural disasters and much more.

Business Owners Policy

Specialty insurance for small and midsize businesses, covering essentials like property damage and business interruption.


Designed for a whole host of cyber threats, such as cybercrime, system damage, business interruption and even court attendance costs.

Design, Construction & Consultants

Far-reaching and flexible solutions for design and construction professionals. Includes professional liability; errors and omissions and property and casualty.

Developers Errors & Omissions

Protects against the complex risks that come with real estate development services. Offers the flexible coverage developers need to navigate today's risk landscape.


Protects against major damage to homes, businesses and personal property caused by floods. Includes an industry-leading, web-based flood portal and access to real-time flood policy insurance.

Forest & Logging

Competitively priced coverage for property, general liability, including loggers broad form property damage, commercial auto, inland marine and umbrella coverage.

General Liability

From artisan contractors to fitness instructors, we offer essential and comprehensive protection against injury, illness and property damage for businesses.

Kidnap, Ransom & Extortion

Available to practically any type of company or high net worth individual. We provide guidance on predicting and preventing these events - plus access to a leading international crisis response firm.

Miscellaneous Professional Liability

Protects against claims arising from professional malpractice. Covers a breadth of industries from advertising to surveyors, with limits up to $5m.

Non-Profit Management Liability

Protects non-profits' directors, employees, volunteers and more from a wide selection of risks. These include directors' and officers' liability, employment practices liability and other vital coverages.

Private Company Management Liability

Privately held organizations are vulnerable to a whole host of allegations. Our program provides D&O, EPL and several other essential coverages to help protect private companies.

Public Entities

We have a wealth of experience working with cities, counties, special districts, schools and colleges across the US. We're focused on providing underwriting and administrative services to public entity pools – and helping retail insurance brokers in finding markets for their public entity and school clients.

Real Estate Errors & Omissions

Real estate transaction risks are always on the move. Our insurance keeps up with flexible coverage for real estate agents, brokers, appraisers and more.


If you're a small to midsize US insurer, we offer a number of programs to support your risk portfolio. With first-rate financial strength ratings, you know you're in safe hands.

Workers' Compensation

Top-tier wage replacement and benefits for employees who've been injured at work. Features super reactive claims services and limits of up to $1m.