🏦 Mortgage Brokers Insurance

Insurance for
California
mortgage brokers.

A missed disclosure, a rate lock error, a client dispute — mortgage brokers face significant professional liability exposure. We build coverage packages that protect your license and your business.

✓ E&O Insurance✓ Mortgage Broker Bond✓ Cyber Liability✓ General Liability
Carriers We Work With
HiscoxCNAMarkelPhiladelphiaTravelers+ 15 more
✦ Free & No Obligation

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Fast quotes · Licensed agents · Real savings

What coverage are you looking for?
Tell us about your business
Where should we send your quotes?
🔒Your info is secure & never sold. A licensed agent will contact you within 1 business hour.
✅

You're all set, there!

A licensed CoverGuard agent will reach out within 1 business hour with your mortgage brokers insurance quotes.

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Why CoverGuard
Why mortgage brokers choose CoverGuard
We understand financial services liability — not just general business insurance.
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One client complaint can become a six-figure E&O claim.

Mortgage brokers are held to a high standard of care. Rate errors, disclosure failures, or perceived negligence can trigger costly lawsuits. Errors & Omissions insurance is your primary protection.

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$25K
CA DBO mortgage broker bond minimum
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Same-Day Response

Every quote request gets a personal response within 1 business hour from a licensed California agent.

E&O
Errors & Omissions — the #1 policy for brokers
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20+ Carriers

We compare 20+ top carriers to find you the right coverage at the best rate — not what pays us the most commission.

Coverage Options
What you need.
What we provide.
Coverage built specifically for mortgage brokers — not a generic business policy that misses your exposures.
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Errors & Omissions (E&O)
Covers claims of professional negligence, errors, or omissions in your work.
  • Rate & disclosure errors
  • Loan processing mistakes
  • Client dispute defense
  • Regulatory investigation costs
Essential
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Mortgage Broker Bond
Required by California DBO for mortgage broker license.
  • CA DBO requirement
  • $25,000 minimum bond
  • Fast issuance
  • License compliance
DBO Required
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Cyber Liability
Protects against data breaches — you handle extremely sensitive financial data.
  • Client PII & financial data
  • Data breach response
  • Regulatory fines
  • Notification costs
Strongly Advised
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General Liability
Covers bodily injury and property damage at your office.
  • Office premises liability
  • Client injury on-site
  • Property damage
  • Personal injury
Core
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Commercial Property
Covers your office equipment, computers, and business contents.
  • Office equipment & computers
  • Business interruption
  • Theft & vandalism
  • Fire & water damage
Recommended
⚖️
EPLI
Employment practices liability for companies with staff.
  • Wrongful termination
  • Harassment claims
  • Discrimination defense
  • HR incident coverage
For Employers
Common Questions
Everything you need
to know.
What does E&O cover for mortgage brokers?+
E&O covers professional mistakes — like quoting the wrong rate, missing a required disclosure, or errors in loan processing. It pays defense costs and settlements.
Is a mortgage broker bond the same as E&O?+
No. The DBO bond protects clients from fraud and license violations. E&O covers professional negligence. You need both.
Why do I need cyber liability as a mortgage broker?+
You handle Social Security numbers, tax returns, bank statements — among the most sensitive data possible. A breach is a major liability without cyber coverage.
How much does mortgage broker E&O cost?+
Most independent mortgage brokers pay $1,500–$4,000/year for E&O, depending on loan volume and coverage limits.

Protect your mortgage business today.

E&O, bonds, and cyber — all in one call.

Get a Free Quote → 📞 (562) 758-1200
🏦 Get My Mortgage Brokers Quote