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Professionals’ Best Application for Appraiser E&O




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Instructions

This policy applies only to claims first made against the insured during the policy period or discovery period. The limit of liability available to pay judgements or settlements shall be reduced by payment of defense costs. Defense costs are subject to the applicable retention. Please read and review the policy carefully.

Instructions: this self-rating application is for an individual appraiser who performs 100% real estate appraisals work. Please note that coverage will only apply to services rendered by the applicant.

The term "Applicant" shall mean all natural persons proposed for coverage.

Section A: General Information

Name of Applicant*
Please describe any alternative business names, mailing/billing addresses or administrative contact information related to business activities other than the official ones listed above. If none, please enter “none”.

Section B. Confirm Eligibility for the “Self-Rated” Program

1. The applicant holds a valid state license or certification in each state in which he/she provides appraisal services. If you are a Trainee, you have passed the initial exam (if required) or any other state requirements.*
2. The applicant does not appraise any real estate in which he/she has an ownership interest.*
3. The applicant has not been disciplined or investigated by any state licensing, administrative or regulatory board as a result of appraisal activities within the past 5 years.*
4. There have been no claims reported and/or pending circumstances which could result in a claim made against the applicant within the past 5 years.*

Qualification

I'm sorry, but you no longer qualify for the Self Rating E&O Program.

Please call the ALIA Service Team at 1-800-882-4410 Extension 1 so we can renew your coverage in the Standard E&O Program.

Go to our Homepage

Calculate Your Premium

5. In the last fiscal year, 80% or more of the Applicant’s revenues have been derived from residential appraisals.*
6. Within the last fiscal year, the Applicant has not appraised any properties valued at greater than $3,000,000.*
7. The Applicant’s combined total gross revenues for the last three (3) years did not exceed $500,000.*
Additional Coverage Options (for a charge)

Select Your Premium

Calculating Your Rates

Summary

Your State: {state:83}

Your Selected Limits: {Please select your limits:43}

Please Read

This proposal is based on your enrollment in the ALIA Professional Education Subscription as itemized above. As a benefit to this subscription, your standard Deductible of $500 is reduced to $0 and additional coverage enhancements are provided. The premiums listed above are subject to change based on carrier fillings and should not considered final until written confirmation is obtained from the carrier.

This field is for validation purposes and should be left unchanged.

Professionals’ Best offers numerous different solutions for design professionals, real estate agents, appraisers, home inspectors, and more. 

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  • Riverton Insurance Agency Corp
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PRIVACY POLICY
Privacy Policy

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Collection of Information:
While you are visiting our website, we may or may not collect personal/confidential information–written, in-person, telephone, facsimile, electronically and online—that may assist us in preparing a quote for you and in helping us to negotiate with our carriers on your behalf. The personal information we collect may include your name, address, policy or claim information, financial or other information as may be required by our underwriters.

We also collect personal information about you from the following sources:

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We assure you that it is not our policy to share your private information with non-affiliated third parties other than as permitted or required by law. For example, we may share all of the information listed above with non-affiliated third parties for, including but not limited to, the following reasons:

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Terms & Conditions

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The use of this website is subject to the following terms of use:
Use the website at your own risk. This website is provided to you “as is,” without warranty of any kind either express or implied. Neither Riverton Insurance Agency Corp. nor its employees, agents, third-party information providers, merchants, licensors or the like warrant that the Website or its operation will be accurate, reliable, uninterrupted or error-free. No agent or representative has the authority to create any warranty regarding the Website on behalf of Riverton Insurance Agency Corp.. Riverton Insurance Agency Corp. reserves the right to change or discontinue at any time any aspect or feature of the Website.

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