If you are a Notary or plan to become a Notary, you are required a $7500 Bond which protects your customers. However, there may be instances where the Bond may not be enough.

 

Your Errors and Omissions Policy can provide you with the added protection you may need.

 

Because you are an Official of the State and your duties involve notarizing documents and acknowledging signatures, you can be vulnerable and fall prey to  fraudulent acts on the part of your customer. Whether a fraudulent document or a forged signature it happens all too often.

 

If you are sued because of your error you are then responsible for any damages and this will place not only you but your employer in financial jeopardy. Even if you are not responsible- if you are sued, you are responsible for your legal fees. 

 

While your Notary Bond only provides upto $7500 protection for the customer, you will still be out of pocket and this is where the Notary E&O Policy offered through RLI Insurance Company can help.

 

Our E&O is issued through RLI Insurance Company (A+Rated) an industry leader in the Surety Market. The premiums are very competive and the coverage term is for entire 4 year period of your Notary Commision.