Mortgage Brokers Malpractice Quote Savings Exposed Now
Potential Savings with Malpractice Insurance
While the cost of malpractice insurance can vary based on factors like the broker's location, experience, and claims history, the potential savings in the event of a claim can be substantial. For instance, legal defense costs alone can easily exceed tens of thousands of dollars, not to mention any settlements or judgments that might be awarded. By investing in a comprehensive malpractice policy, brokers can mitigate these risks and focus on growing their business.