Superior E&O Coverage for Mortgage Brokers + Legal Services Included
Even with the most detail-oriented and thorough brokers, occasional misunderstandings and disagreements can occur when dealing with the complexities of a real estate loan transaction. That’s why you need the right E&O insurance policy to protect your career and keep you in compliance with corresponding lenders.
CRES Mortgage Broker E&O + ClaimPrevent®
- Coverage Customized Specifically for Mortgage Brokers
Your E&O policy should be customized to cover your specific business risks. Choose the coverages and the limits you need. Your CRES E&O policy gives you higher limits across a broad range of individual coverages — for far superior coverage to any generic E&O policy. - Customize All the Details of Your Policy
You choose your policy limits, retention (out-of-pocket claims expense limit), and the activities you need covered, so you’ll only pay for what you need. - Peace of Mind
Our policies are backed by A.M. Best A-rated, admitted carriers. - Proactively Resolve Issues with ClaimPrevent® Legal Services 7 Days a Week
Call on our team of local expert real estate attorneys 7 days a week, to help you prevent claims from happening. Ask questions, have them write letters, or review documents. Having legal services included delivers an incredible return on your E&O investment.
Mortgage Broker E&O Policy Details
- Coverage limits from $500,000 up to $1,000,000
- Retention (out-of-pocket claims expense limit) is only $2,500 ($1000 in CO and meets CREC requirements)
- Covers past and future loan transactions
- Covers past and future appraisals
- Coverage available for real estate sales, property management, and other activities
- We ensure brokers who are not direct lenders, and who do not offer reverse mortgages or hard-money loans
Get a Quote
Get an online quote, buy, and get proof of coverage immediately!
If you have any questions, call 858.618.1648 anytime for prompt, personal assistance.