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AVAILABLE ON V²

Individual Appraisers E&O

Providing real estate appraisal services comes with risk. Our errors & omissions program for individual real estate appraisers provides the modern, flexible insurance coverage these professionals need to operate in today’s real estate market.

Protection that never sits still

State-of-the-art insurance coverage for individual appraisers of single family residences, multi-family residences, lots and vacant land, commercial and industrial property, farms, ranches, land development and subdivisions. 

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Why choose Victor?

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

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Victor Risk Advisory

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

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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. 

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Availability: In most states* 

Coverage: Admitted, with an A rated carrier

Target risks: Individual appraisers of single family and multi-family residences, lots and vacant land, commercial and industrial property, farms, ranches, land development and subdivisions

Minimum premium: $300

Deductible: Starting at $0

Limits: Variable limits up to $1 million per claim/$2 million aggregate


Policy features:

  • Coverage for both residential and commercial appraisers
  • Additional insured status for appraisal management companies
  • Multiple premium discounts available
  • Coverage for expert witness or real estate consultant or counselor provided the services are limited to real estate appraisal
  • Up to $10,000 for expenses related to Privacy Response & Security incidents
  • Up to $2,500 per incident for attorney fees and expenses resulting from the investigation or defense of a proceeding before a licensing board
  • Up to $5,000 per incident for advisory services provided by a public relations firm as a result of a public relations event
  • $100,000 discrimination coverage at no additional premium 

*Coming soon to MA, NY, VA and WA. Not currently available in AK, CO, LA, MS, KY and TN

Download the Individual Appraisers E&O coverage highlights sheet

Policy form (admitted)

Available endorsement

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

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 agent/broker. Your insurance agent/broker can work with our underwriters to provide you with a quote.

If you need assistance in securing an insurance agent/broker, you can use our find an insurance agent/broker tool. 

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 REALTORS®. 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.

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

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

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