Effective 1/1/08 individual mortgage brokers operating within the state of Colorado
are required to carry Errors & Omissions insurance, in addition to other licensing
and surety bond requirements. Philadelphia Insurance Companies’ form meets the
insurance requirements as set by the Colorado Division of Real Estate. For
insured requirements specific to you, contact your insurance agent or broker
or the Colorado Division of Real Estate
for guidance.
Coverage is available through any insurance agent or broker who is appointed with Philadelphia Insurance Companies. Check with your insurance agent or broker to determine if they are appointed to place business with Philadelphia Insurance Companies.
Eligibility Requirements
- Must have a valid, in force license on file with the Colorado Division of Real Estate
- Must have an eligible surety bond in place
Limits of Liability
- $100,000 per Claim / $300,000 Annual Aggregate Limit of Liability
Cost
- $500 for mortgage brokers in business 3 years or more
- $600 for mortgage brokers in business for less than 3 years
Applications
When completing the Application, exclude the following from the “Sub-Prime” category: FHA, VA as well as any Fannie Mae or Freddie Mac product.
Policy Forms
Documents Required for Proposal
- Completed Application
- Supplemental Claim Form (if applicable)
All of our Product Forms and Documents are available in PDF version only. Version 7 or higher of Adobe is needed to fill out the PDF Forms.
Click here
to download the latest version of Adobe Reader from Adobe's Official Website.
Click here
to download the latest version of Adobe Flash Player from Adobe's Official Website.
Chat with a Marketing or Claim Representative!
We are available Monday thru Friday from 8:30am to 8pm ET.
To speak with a Customer Service Representative, please
call our Customer Service Department at 1-877-438-7459.
Need Assistance?
Contact Marketing
for more information on our products or assistance with a product you already have.
Non-Profit & Social Services
This is an insurance product uniquely designed to fulfill a wide range of special
insurance needs for the Non-Profit Sector as defined under IRS code 501(c)(3).
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