Kentucky, endearingly called the “Bluegrass State,” is the 37th largest state in the country and home to almost 1,400 licensed real estate appraisers. Kentucky was the first state to establish an AMC “Recovery Fund,” a fund designed to help cover appraisers’ losses in the relating to nonpayment in the event of an AMC bankruptcy.
OREP is proud to be offering some of the best rates on Kentucky Appraiser’s Errors and Omissions Insurance with same day coverage & confirmation (most cases).
Appraisers Errors and Omissions Insurance for Kentucky
Financing is available – click here for details.
Got Questions? We answer the phone! Call us Toll Free: (888) 347-5273.
NEW IN 2019: Free 14 Hours of CE ($238 Value)
As part of the OREP RPG/Risk Management Program, OREP members can now enjoy 14 hours of Approved Continuing Education, FREE! Must be part of the OREP RPG/Risk Management Program. Click here for a list of Approved states.
|FHA Appraisal Standards – 7 HOURS CE Keep up with the latest FHA 4000.1 standards with this course that shows what you should be looking out for on an FHA appraisal. Learn how to include explanations and photographs that will help your FHA appraisals fly through underwriting.
Enjoy these two valuable courses, earn 14 hours of Approved CE, and save $$$ when you join the OREP RPG/Risk Management Program in 2019!
“I switched my E&O insurance to OREP last month and saved $349 bucks.” —Dave M.
- “A” Carriers
- Zero deductible available (most appraisers)
- Lowest premiums
- Same day coverage (most cases)
- Beginning Appraisers Qualify
- Includes Prior Acts
- Coverage for Commercial Work
- Discounts on CE, training materials, webinars, office supplies and more!
- OREP Insureds enjoy many benefits, including a subscription to Working RE Magazine
- Same Day Financing Available (click for financing information)
Important: If you have expiring insurance in place, please include a copy of your current Declarations page to retain prior acts coverage. Also, if you included a PO Box for your address on the application, you will need to list a physical address as well (required by the underwriter.) Please send to the fax number or email address indicated at the top of the application you complete. If you have any questions, please call us at 888-347-5273, 8-5 PST. We answer the phone!
What to Expect After Submission:
A confirmation will be emailed within 24 hours if your application is received and correct. If not correct, you will be called immediately. If you do not receive confirmation after 24 hours, please call us (check email junk/spam first). If your current policy is expiring, please call to confirm immediately after submission. Your new
Kentucky Appraisers Errors and Omissions insurance policy/declarations page will be emailed within 1-2 business days after payment has been processed. Coverage is NOT bound until a binder/declarations page is issued.
OREP–Organization of Real Estate Professionals
Insurance Services, LLC. Calif. Lic. #0K99465
6760 University Ave, Suite 250
San Diego, CA 92115
Ph. (888) 347-5273 toll free
Fax: (619) 704-0567 (preferred) or (619) 269-3884 (alternate)
Hours: Monday – Friday from 8am-5pm PST
Additional Information for
Kentucky State Appraisal Board
Real Estate Appraisers Board
135 W. Irvine Street, Suite 301
Richmond, KY 40475
http://kreab.ky.gov/ Phone: 859-623-1658
Kentucky AMC State Law (as of August 27, 2013)
KRS § 324A.150
Appraiser Associations in Kentucky
Bluegrass Chapter of the Appraisal Institute
Kentucky Continuing Education
Kentucky Continuing Education for real estate appraisers must be completed every year by May 16. The required hours is 14, 7 of which must be the 7-Hour USPAP Update. There are no limitations in Kentucky as to how many hours of CE may be completed online.
OREP-Organization of Real Estate Professionals Insurance Services, LLC Calif. Lic. #0K99465
Senior Broker: David Brauner Calif. Ins. license #0C89873. Licensed in 49 states. Please call for license number in your state.
Offering Real Estate Appraisers Professional Liability Errors and Omissions or E&O Insurance – Inspectors Professional Liability Errors Omissions or E&O Insurance for Real Estate Agents & Brokers Professional Liability or E&O Insurance- Mortgage Brokers and Bankers Professional Liability or E&O Insurance.