The Herbert H. Landy Insurance Agency, Inc. offers a robust Real Estate Appraisers Errors & Omissions Insurance program, designed to protect independent and firm-based appraisers from industry-specific professional liability exposures. With more than six decades of expertise in professional liability coverage, Landy delivers a flexible and accessible E&O solution for residential, commercial, and trainee appraisers across the U.S.
Ideal Accounts and Appetite
This program is tailored for licensed real estate appraisers involved in residential, commercial, or hybrid property valuation work. Whether your client is an individual appraiser, a trainee, or part of a multi-appraiser firm, this program provides scalable coverage options. It is also well-suited for appraisers who incorporate drone technology into their operations or perform property reviews and measurement services.
If you have a client who recently started their own appraisal business or a seasoned appraiser looking for better terms and prior acts coverage, this program is a strong fit. Firms with two or more appraisers seeking firm-wide coverage are also eligible and can receive tailored premium estimates by contacting Landy directly.
Coverage Highlights and Advantages
This Errors & Omissions policy offers a wide range of benefits that make it easy for agents to place and renew coverage:
- Simple one-page self-rating application and auto-renewal forms for qualified applicants
- Coverage available to purchase or renew online
- Eligibility for Residential, Commercial, and Trainee Appraisers
- Premiums starting at $501, including Prior Acts coverage with proof of continuous insurance
- $0 deductible in most states (CA, HI & FL have a $500 deductible)
- $100,000 Bodily Injury/Property Damage coverage included at no additional cost
- $25,000 Drone Usage Bodily Injury/Property Damage coverage included
- No membership fees required to access this insurance
- Policy limits up to $1,000,000 per claim / $2,000,000 annual aggregate
- Coverage for review, measurement, and hybrid appraisals included
- Claim expenses paid in addition to policy limits
- Free Extended Reporting Period for retirement, disability, or death
- Financing options available for qualified applicants
- Free and Confidential Legal Hotline for policyholders
Underwriting Notes and Minimum Premiums
The program features a straightforward underwriting process with minimum premiums starting at $501. Prior acts coverage is available with proof of continuous insurance. Firm-based coverage for two or more appraisers is available by phone inquiry, allowing you to obtain a customized premium estimate for your client’s needs.
Territories and Availability
This E&O program is available on an admitted basis in all 50 states and the District of Columbia. Whether your client is based in California, New York, Texas, Florida, or any other state, Landy can provide compliant and competitive coverage through Great American Insurance Company and Great American Assurance Company.
Why Work With The Herbert H. Landy Insurance Agency, Inc.?
As a Managing General Agency with a long-standing focus on professional liability, Landy combines underwriting expertise with market access and streamlined service. Agents benefit from simple application processes, quick turnaround times, and dedicated support. With no additional membership fees and online purchase options, this program is designed to help you efficiently place coverage for your appraisal clients while delivering value and peace of mind.
If your client needs E&O insurance for higher limits, additional employees, or other real estate-related services such as sales or leasing, please Click Here to access the appropriate application.
Frequently Asked Questions
What types of accounts are a good fit for this program?
This program is ideal for individual residential and commercial real estate appraisers, trainees, and appraisal firms with two or more professionals.
Is prior acts coverage available?
Yes, prior acts coverage is included with proof of continuous insurance, allowing clients to maintain protection for past services.
Are drone-related exposures covered?
Yes, the policy includes $25,000 in Bodily Injury/Property Damage coverage for drone usage at no additional premium.
Can clients apply or renew online?
Yes, qualified applicants can conveniently purchase or renew their coverage online through the program portal.
What states is this program available in?
The program is admitted and available in all 50 states and Washington, DC.
Need help placing an account? Connect with a market specialist.