CRES Mortgage Broker E&O + ClaimPrevent®:  Superior Coverage + Legal Services

You want Errors and Omissions coverage that is customized to cover your unique risks.  From protecting your past and future loan transactions, to ensuring compliance with corresponding lenders, your business needs much more than a generic E&O policy.

CRES E&O + ClaimPrevent® gives you superior coverage no matter what your size or specialties.  Your E&O policy can include coverage for real estate transactions or for mortgage origination only.

Why Mortgage Brokers Choose CRES E&O + ClaimPrevent®

  • Customized Policies to Cover Your Specific Risks
    You can choose your policy limits and your specific areas of coverage.  You’ll find more extensive coverage and higher limits for better protection.
  • Work Directly with the Underwriter — Us
    Our policies are backed by A.M. Best A-rated, admitted carriers.  We are a direct underwriter with more than 20+ years customizing policies for the real estate industry, as well as helping you to prevent claims.
  • Make Your Policy Work the Way You Want it to
    You choose your retention (out-of-pocket claims expense limit) and your payment plan.   Only CRES offers you so much flexibility.
  • ClaimPrevent® Legal Services to Prevent Claims 7 Days a Week
    Our team of local expert real estate attorneys are on-call 7 days a week.  They’ll help you resolve issues and keep problems from escalating.  Ask questions, have them write letters, review contracts, and more.  It’s a tangible return on your E&O inestment.

 

Mortgage Brokerage Firm Policy Details

  • Up to $3,000,000 in coverage
  • Retention (out-of-pocket claims expense) from $2,500 to $100,000
  • Payment options: fixed annual premium or per-transaction payment plans available
  • We ensure brokers who are not direct lenders, and who do not offer reverse mortgages or hard money loans.

 

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