Colonial General Insurance Agency, Inc. offers a specialized Appraisers Errors and Omissions Insurance program through its Professional Lines Department. Designed specifically for real estate appraisers, this program provides essential protection against claims arising from professional mistakes, omissions, or alleged negligence. With access to multiple carriers and both admitted and non-admitted markets, Colonial General helps agents place business quickly and efficiently—often with same-day coverage confirmation.
Ideal Accounts and Appetite
This program is tailored for professionals involved in property valuation and related services, including:
- Residential and commercial real estate appraisers
- Independent or small appraisal firms
- New and experienced appraisers
Coverage can also extend to related professionals, such as home inspectors, real estate agents and brokers, title abstractors, and mortgage field service providers.
Coverage Highlights and Advantages
- Limits of liability starting at $100,000/$100,000
- Deductibles as low as $1,000
- Coverage options vary by carrier to best suit each risk
- Quick quote turnaround and streamlined application process
- Same-day coverage confirmation available in most cases
*Coverage terms and premiums may vary depending on the carrier selected.
Underwriting Notes and Minimum Premiums
Colonial General works with a variety of carriers to customize coverage based on your client’s unique risk profile. Underwriting typically considers the size of the firm, years in business, claims history, and services offered. While minimum premiums were not specified, flexible options are available to accommodate smaller or independent appraisers.
Territories and Availability
This program is currently available to agents placing business in the following states:
- Arizona (AZ)
- California (CA)
- Colorado (CO)
- Idaho (ID)
- Nevada (NV)
- New Mexico (NM)
- Utah (UT)
- Wyoming (WY)
Appetite and carrier availability may vary by state and submission details.
Why Work With Colonial General?
As a Managing General Agency and Excess & Surplus Lines Broker, Colonial General has deep expertise in professional liability lines and niche insurance programs. Their long-standing relationships with a broad range of carriers allow them to offer tailored solutions for hard-to-place or specialty risks. Agents benefit from knowledgeable underwriters, competitive rates, and responsive service—all designed to help you place E&O coverage efficiently and confidently.
Whether your client is a solo residential appraiser or a growing appraisal firm, Colonial General can help you find the right coverage solution.
Frequently Asked Questions
What types of accounts are a good fit for this program?
This program is ideal for independent real estate appraisers, small appraisal firms, and professionals involved in property inspections or evaluations across AZ, CA, CO, ID, NV, NM, UT, and WY.
Can new appraisers or firms with limited experience qualify?
Yes, new professionals and smaller firms are eligible. Underwriting will consider experience, but Colonial General works to find competitive options for a variety of risk profiles.
Is same-day coverage really available?
In many cases, same-day coverage confirmation is possible, depending on the completeness of the submission and underwriting requirements.
Are both admitted and non-admitted markets available?
Yes, Colonial General has access to both admitted and non-admitted markets, depending on the state and nature of the risk.
What information is needed to get a quote?
Typically, a completed application, details about the applicant’s services, prior claims history, and current or prior coverage information are required.
Need help placing an account? Connect with a market specialist.