Given the current real estate market boom, many are moving into the real estate field in the capacity of mortgage brokers. Whether you're new in the field or you've been practicing for years, Errors and Omissions insurance is critical to your business. E and O coverage protects real estate mortgage brokers from negative consequences and liability associated with on-the-job trouble.
Locating E and O insurance specifically for mortgage brokers that provides full coverage at an affordable price can be difficult. Many mortgage broker Errors and Omissions policies are inadequate, often leaving independent contractors out of the loop. Fortunately, you can turn to the professionals at Axis Insurance Services. We specialize in helping real estate professionals, including mortgage brokers, find comprehensive coverage without the traditional gaps. We will introduce you to the top carriers so you can make the best and most informed decision.
Your E and O premiums will depend greatly on the size and scope of your business, your revenues, your claims history, and other factors. In order to get the right policy, simply fill out our basic online application. We invite you to give one of our representatives a call at (201) 847-9175 at any time if you have questions.
Remember that errors and liability insurance policies for mortgage brokers are generally issued as Miscellaneous Professional Liability Insurance (MPL). This is a cookie cutter form, and it could contain exclusions which leave you barren of real coverage. Talk to one of the licensed representatives of Axis Insurance Services today to learn how to optimize your E and O coverage and minimize premiums.
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