Mortgage Broker E&O
Norman-Spencer’s Mortgage Brokers Program makes it easy to get the tailored professional liability coverage you need to be well-protected, so you can keep your focus on taking good care of your customers.
Norman-Spencer has become the Endorsed Provider of NAMB+ Inc., the for-profit marketing and communications subsidiary of NAMB.
Mortgage Brokers are not without risk!
Despite your best intentions, one allegation of errors or negligence could lead to a lawsuit that, even if it’s found to be frivolous or dismissed, it can impact your reputation and have significant financial consequences. We offer an industry-tailored insurance program designed specifically for mortgage brokers.
Program Details
A broad definition of professional mortgage services
50% deductible reduction up to $10,000 if the claim is resolved by mediation or arbitration
Sublimit for FDCPA and FCRA violations
Sublimit for third-party discrimination coverage for violation of FHA or Equal Credit Act
Sublimit for TCPA violations and RESPA violations
Coverage Highlights
Tailored coverage at a competitive price with streamlined billing options
Team of professionals dedicated to mortgage brokers
Online risk management portal featuring articles, sample policies and procedures, and more
Risk management hotline to discuss industry best practices and potential claims issues
Partner discount on employment screening services
Experienced claims team that understands the complexities of mortgage brokers’ E&O
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We’d love to share our knowledge with you! Contact us to get a quote in minutes for your clients.
Call Trent: 816-607-5479
trent@progroupins.com
