Providing mortgage brokerage services comes with risk. Victor O.
Schinnerer & Company’s Errors & Omissions program for mortgage brokers provides the modern, flexible insurance
coverage needed to operate in today’s real estate market.
Availability: In all 50 states and US territories*
Coverage: Admitted, with an A rated carrier
Target risks: Mortgage brokers that originates commercial or residential mortgage loans
Minimum premium: $500
Deductibles: Starting at $2,500
Limits: Up to $5 million
- Environmental hazards included to policy limits at no additional premium
- Public relations event coverage up to $50,000 per policy period
- Discrimination coverage for defense and damages ($250,000 sublimit) at no additional premium
- Privacy response coverage up to $20,000 for expenses incurred by the insured due to a security breach
- Death, disability and non-practicing extended reporting periods at no additional premium
- Premium credits for favorable claims experience and participation in risk management program
- Open house, mold and employment practices liability coverage and more
Get a Quote
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*Policy forms and policy terms may vary by state and territory