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Colonial General Insurance Agency, Inc.
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Colonial General Insurance Agency, Inc.
Contact Us
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Mortgage Broker Insurance

Policy Highlights for Mortgage Broker Insurance:
 
Mortgage brokers and financial professionals face a growing range of operational and liability exposures. From professional negligence allegations to third-party bodily injury or property damage claims, the financial consequences of uncovered risks can be severe. Colonial General Insurance Agency, Inc. offers a tailored Mortgage Broker Insurance program designed to help agents and brokers secure the right coverage for their clients in this complex sector.

Overview of the Program From Colonial General

Colonial General is a Managing General Agency and Excess & Surplus Lines Broker with a strong track record in delivering customized insurance solutions across the western U.S. Our Mortgage Broker Insurance program is designed to support agents and brokers in placing quality coverage for mortgage professionals who require protection against both professional and general liability exposures.

Ideal Accounts and Appetite

This program is a strong fit for:
  • Independent mortgage brokers
  • Small to mid-sized mortgage firms
  • Loan originators and consultants
We typically look for clean operations with sound risk management practices and fewer prior claims. Whether your client is a startup mortgage brokerage or a well-established firm, we can help you find competitive and flexible coverage options.

Coverage Highlights and Advantages

  • Limits starting at $100,000/$100,000
  • Deductibles as low as $1,000
  • Coverage options may include professional liability (E&O), general liability, and more depending on carrier and underwriting
  • Access to both admitted and non-admitted markets (some admitted markets available)
*Coverages and premiums will vary based on the carrier that the risk is placed with.

Underwriting Notes and Minimum Premiums

We offer flexible underwriting tailored to meet the needs of a wide range of mortgage professionals. While minimum premium requirements vary by market and carrier, our team works with agents to identify the most competitive options available based on the risk profile.

Territories and Availability

This program is available in the following states:
  • Arizona (AZ)
  • California (CA)
  • Colorado (CO)
  • Idaho (ID)
  • Nevada (NV)
  • New Mexico (NM)
  • Utah (UT)
  • Wyoming (WY)

Why Work With Colonial General?

Colonial General understands the unique exposures faced by mortgage professionals. As a trusted MGA and E&S broker, we provide access to a variety of markets and offer responsive service to help you move quickly on your client’s behalf. Our experienced underwriters work with you to evaluate each submission carefully and find appropriate solutions based on the risk and carrier appetite.
If you’re an agent or broker looking to place mortgage broker accounts in the western U.S., our program gives you the tools and support to succeed.

Frequently Asked Questions

What types of accounts are a good fit for this program?

Independent mortgage brokers, boutique lending firms, and loan originators with a clean loss history are ideal candidates.

Which states is this program available in?

This program is available in AZ, CA, CO, ID, NV, NM, UT, and WY.

What coverages can be included in the policy?

Coverage options may include professional liability, general liability, and other related protections depending on the carrier and underwriting guidelines.

Are both admitted and non-admitted markets available?

Yes, Colonial General offers access to both admitted and non-admitted markets. Availability may vary by state and risk profile.

What is the minimum deductible and coverage limit offered?

Deductibles start as low as $1,000, with coverage limits beginning at $100,000/$100,000.

Need help placing an account? Connect with a market specialist.

U.S. States Available

  • U.S. States Available:
  • Provider Type:
    Managing General Agency and Excess & Surplus Lines Broker
  • Admitted:
    Some Available Markets
  • Carriers:
  • Carrier Ratings:
    A.M. Best A+ Rated
  • Commission:
    Varies
  • Min Premium:
    -

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CONTACT INFORMATION

LOCATION

8475 E. Hartford Drive, 100
Scottsdale, AZ 85255
855-980-7480
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APPLICATIONS

  • If you are interested in one of our Professional Lines products, please contact us and we will ensure that you receive the appropriate application.

AGENCY LICENSING

If you would like to become contracted with Colonial General, please fill out the agency agreement below and provide a copy of your license and E&O declaration page.

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Colonial General Insurance Agency, Inc. has other insurance programs like Accountants Professional Insurance.