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!

Quote and Buy Now

Renew Your CRES Policy

If you have any questions, call 858.618.1648 anytime for prompt, personal assistance.


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