New York State Professional Liability Exclusive For all Real Estate Appraisers with an A.M. Best Rated A Excellent Insurance Carrier.
Member Elite Broker Network Victor O. Schinnerer & Company, Inc.
Recognized Professional Liability and Errors & Omissions (E&O) Provider and Affiliate of the Year 2000
Hudson Gateway Association of Realtors (HGAR)
Professional Liability Coverage for:
Entity “Firm” Coverage (Blanket Coverage for all Employees & Independent Contractors)
Insured means you and any of the persons or entities listed below but only while rendering professional real estate services on your behalf for others: Any person who is or becomes your partner, officer, director, employee, member, or independent contractor during the policy period • any person previously affiliated with you as your partner, officer, director, employee, member or independent contractor.
Individual Licensee Designation Coverage (Covers only you as an individual licensee)
Insured means: You, and any of your non-licensed real estate personal assistants while acting in the course and scope of their employment by you, provided that the claim arises out of a negligent act or omission in the rendering of professional real estate services on your behalf.
You, your and yours refer to the individual licensee designated as the Named Insured in the Declarations. Note: There is ‘NO’ coverage for the actual Entity or other Appraisers.
Other Individual Licensee options may be available.
Please be advised that the above titles, headings, definitions, terms and descriptions are for illustrative purposes only and are not a contract. Please refer to the actual policy and all endorsements for a complete description of coverage as certain Conditions & Exclusions apply.
Submission Requirements for NY, NJ, CT, and PA:
Very Important. Coverage cannot be bound until all required documentation, together with the premium due, is received, reviewed, and accepted by Underwriters. Coverage cannot be back-dated, so please make sure that your information is submitted on a timely basis. All submissions are individually underwritten to determine program eligibility and terms.
Questions? Call 914.592.6505