Versatility helps with increasing your overall damage output and reducing damage you take. The sorcerer knows a limited number of spells, but does not need to prepare the spells daily. Crucible of Storms.

The Tortollan Seekers Reputation Guide. Millie Watt.

Again I suggest that you watch the Faxmonkey video posted earlier in this topic. This is very useful when you are about to die and it helps you get away from enemies.