Coverage Tailored to Appraisers, Appraisal Firms & AMCs
Whether you’re an independent appraiser, an appraisal firm, or an appraisal management company, I’m here to help you access professional liability insurance designed specifically for the appraisal industry. We work with leading insurance carriers to provide coverage that addresses the unique risks faced by appraisal professionals and businesses, along with additional business insurance solutions to help protect your operation.
Coverage Designed Specifically for Appraisers
Available in Most States
A-rated Insurance Company
Competitive Premiums
Individual Appraisers
- Limits up to $1,000,000 / $2,000,000
- Competitive premiums
- Zero deductible options available
- Prior Acts coverage for qualified applicants
- Defense costs outside the policy limits
- Home measurement and review appraisal coverage
- Free retirement extended reporting period for qualified insureds
Appraisal Firms
- Limits up to $2,000,000 / $2,000,000
- Broad definition of Named Insured
- Broad definition of Professional Services
- Optional AMC endorsement available
- Premises liability coverage
- Disappearing deductible options
- Prior Acts coverage for qualified applicants
- Competitive premiums
AMCs
- Limits of liability up to $5,000,000, with excess coverage available
- Deductibles starting at $2,500
- Prior Acts coverage for qualified applicants
- Pre-Claim Hotline providing confidential legal assistance for potential claim issues
- Available nationwide
- Access to A-rated insurance carriers
Meet Susan Lomeli
For more than a decade, I’ve worked with real estate appraisers, appraisal firms, and AMCs, helping them access tailored professional liability and business insurance solutions.
I help you navigate your options and identify coverage that fits your organization’s needs. I can also assist with additional business insurance solutions, including cyber liability, AMC bonds, commercial crime, and business owner policies.
susanlomeli@norman-spencer.com
805.331.6981
Connect with Susan on LinkedIn
Benefits of a Partnership with Norman-Spencer
Responsive Turnaround
We know timing matters. Our goal is to provide a prompt quoting experience so you can keep your submissions moving and respond to your clients with confidence.
Policy Issuance at Binding
When coverage is bound, we work to issue policy documents promptly, helping you provide your insureds with the information they need without unnecessary delays.
Personalized Service
Technology helps streamline the process, but personal service remains at the center of everything we do. You’ll work with knowledgeable professionals who are available to answer questions and support you throughout the placement process.
Start a Submission
FAQs
How do we get appointed?
Send us a submission! If your agency does not currently maintain an appointment with Norman-Spencer, our Compliance Team will be in touch after we receive your first submission to guide you through the process.
Where do I send submissions?
Get started with our Start a Submission form
Do you require a minimum production volume?
No, we do not require a minimum production volume from any of our partners, however, we desire strong partnerships and hope the value we create for you and your clients allows us the opportunity to earn more of your trust and subsequently your business. Hit ratios are monitored monthly and your underwriter will let you know how you’re doing and how you can earn more as we continue to see success with your agency.
Do you require your applications?
We can usually work with what you have. While we prefer our application as they give us the most underwriting flexibility and opportunity to be as competitive as possible, we can quote off of most competitor’s new business applications and bind subject to a bridge application. We can often give a premium indication off of a competitor’s renewal application or producer questionnaire but binding will be subject to receipt and review of our application.