Professional liability insurance, also known as errors & omissions (E&O) insurance, protects real estate appraisers in the event that they are accused of negligence or of delivering an inadequate work product that causes financial harm to their clients.
Cinch™ offers industry-leading errors and omissions (E&O) insurance with the speed and ease that you’ve come to expect from modern, technology-focused companies. You can get a quote in minutes, and the efficiency we’ve built into the process means lower prices. (On average, we save customers 20%.)* And since Cinch is a part of Berkshire Hathaway Specialty Insurance (BHSI), you can feel secure knowing that you’re partnering with a company that’s focused on the long term.
At Cinch, we’re working to create a better insurance experience by offering affordable coverage and outstanding service. Here are a few things that set us apart:
E&O policies for real estate appraisers start at about $800 a year. However, the price of your particular policy will depend on a variety of factors, including—but not limited to—where you work, your experience, how much revenue you generate by appraising real estate, and the number of claims previously filed against you.**
The best way to get an accurate idea of what your policy would cost is by filling out our quick online application to receive a quote. The process takes a minute or two, and—if you choose to purchase—your policy can go into effect any day you’d like, including today.
Easy! You can get proof of insurance directly from the Cinch website. Once you’ve purchased a policy from us, just log into your account and you’ll be presented with two options: You can either download a PDF of your certificate right from the main page, or you can click on the “Proof of Insurance” tab to have it mailed to your employer.
It does not. However, you do have the flexibility to increase or decrease your limits of liability and your deductible during the quoting process, depending on the needs of your business.
Yes, we do. We offer policies to real estate appraisers with all levels of experience.**
Yes, it will; our policy will cover your work across state lines. When filling out your application form, just list the state in which you do the majority of your business.**
Still have questions? Feel free to call us at 844-716-8418; our friendly staff will be happy to address your individual situation.
“We started Cinch because we believe that we can make insurance better, faster, and more affordable by offering you a direct connection with an insurance company that cares about your needs. That means that you buy directly from us and you talk directly to us. We know you expect fast, seamless results from a company that really understands you—and that emphasis on technology, compassion, and customer satisfaction is all built into the Cinch mission.”
*“20% savings” is based on industry pricing averages.
**Terms, pricing, and conditions of coverage may vary—please refer to your particular policy for more details.