PBI Group writes E&O for appraisers across residential, commercial, and AMC-routed work. Long-tail discovery, USPAP compliance, lender-mandated limits, and the specific exposures that come with valuation work.
Appraisal is the one real estate discipline where a 5-year-old file can become tomorrow’s lawsuit. Every appraisal you sign — residential, commercial, AMC-routed — sits in a lender’s closing file, waiting for a foreclosure, refinance, or audit to surface the question of whether your valuation was defensible.
That long-tail exposure is what makes appraiser E&O fundamentally different from sales-side coverage. Claims-made policies only respond if you’ve maintained continuous coverage from the date the appraisal was signed. A single coverage lapse, a non-renewing carrier, an unfavorable change to your retroactive date — any of those can leave a 7-year-old file uninsured exactly when the lender comes looking. Underwriting decisions you make today reach back across your entire history of work.
PBI Group writes appraiser E&O with that long-tail in mind. The carrier accepts AMC engagements and contractual liability from AMC-channel work, lender-acceptable minimum limits ($1M/$1M residential, higher for commercial), USPAP-compliant work-file defense, and prior-acts continuity that protects your retroactive date when you switch from a non-renewing carrier. Right Coverage at the Right Price for appraisers means the carrier is still standing behind your 2019 valuation in 2027 — and the premium reflects an honest read of your actual book, not a rate-class average.
Three lines of coverage protect a residential or commercial appraisal firm. The flagship is E&O — the rest is built around it.
The flagship policy for appraisal firms — valuation accuracy, USPAP-compliance disputes, Fannie/Freddie/HUD lender requirements, and the long-tail discovery rule that opens 5-year-old appraisals to fresh claims. Defense outside the limits, prior-acts coverage, and lender-acceptable carrier terms.
Learn moreAppraisal firms handle borrower data, lender PII, and property valuations that move funds. Wire fraud, business-email-compromise, and ransomware exposure is real — Cyber covers the loss.
Learn moreBI/PD and advertising-injury coverage for the office and inspection visits — slip-and-falls during property walks, vehicle damage during ride-alongs, marketing-IP issues.
Learn moreA residential appraisal from 4 years ago is challenged when a foreclosure auction comes in 30% below the original number. Lender alleges the appraiser overvalued. E&O defends the USPAP work file; the right policy form was structured for this exact long-tail scenario.
A reviewing appraiser flags UAD-format errors in a submitted form. The lender pulls future engagements. Borrower files a private suit. Carrier defends — but only if the policy was written with lender-mandated minimum limits in mind.
Appraisal management company alleges the appraiser missed a turnaround deadline that cost the lender a closing. Contractual liability claim. PBI Group's appraiser policy form is written to defend AMC contract disputes, not just borrower-side errors.
Let PBI Group get you a quote — no fluff, no pressure, just a fair price for strong coverage.
