Maryland State Page – Appraisers

Maryland, nicknamed both the “Old Line State” and the “Free State,” has the highest median household income in the United States and well over 2,300 real estate appraisers call Maryland home. Appraisers are licensed under Maryland’s Commission Of Real Estate Appraisers & Home Inspectors. The Commission does not mandate Maryland Appraiser’s Errors and Omissions Insurance, but many appraisers choose to carry insurance based on their business needs.

OREP has incredible expertise and experience in providing errors and omissions insurance to real estate appraisers and agents/brokers in Maryland. We offer low insurance rates with same day coverage & confirmation (most cases).



Appraisers Errors and Omissions Insurance for Maryland

Click Here to Apply Now!

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.


How to Raise Quality and Minimize Risk – 7 HOURS CE
This course shows you what you can do to avoid claims, reduce liability, and enhance your understanding of the approved methodology, techniques and protocols for appraisals. Learn about real world claim scenarios and specific steps you can take to protect yourself.

 

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.

 

Program Highlights

  • “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
Maryland 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.

Contact OREP
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
Email: info@orep.org
Fax: (619) 704-0567 (preferred) or (619) 269-3884 (alternate)
Hours: Monday – Friday from 8am-5pm PST


Additional Information for
Maryland Appraisers


Maryland State Appraisal Board
Arizona
Commission Of Real Estate Appraisers & Home Inspectors
500 N. Calvert Street, Room 302
Baltimore, MD 21202-3651
http://www.dllr.state.md.us/license/reahi/
Phone: 410-230-6165
Fax: 410-333-6314

Executive Director: Patricia Schott
appraiser@dllr.state.md.us


Maryland AMC State Law
(as of August 27, 2013)
MD Code, Business Occupations & Professions, § 16-101


Appraiser Associations in Maryland
Maryland Association of Appraisers
Maryland Chapter of the Appraisal Institute
International Society of Appraisers – National Capital Area

Maryland Continuing Education

Maryland appraisers are required to take 42 hours of continuing education every 3 years. the 7-Hour USPAP Update must be completed every 2 years. Maryland does not have limitations as to how many hours may be completed online, however, only 8 hours of credit may be earned on any one given day.

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.