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Signing agent errors omissions insurance is a new product available to you by Notary Public Underwriters Agency of Texas.
How much e&o insurance does a signing agent need. For the signing agent with three years or more of experience as a notary we offer policies through Markel. Signing agent EO insurance. For proper coverage a signing agent needs a broader more comprehensive commercial andor professional EO.
And you dont have to replace the policy if a claims paid out. You dont have much if any say about whether or not your ins. It fills the gaps left with a traditional Notary EO policy which only provides coverage for the actual notarizations in a loan package.
If playback doesnt begin shortly try restarting your device. Under the protection of Signing Agent EO a policy will provide coverage for. However be aware that the more insurance you have the bigger a target you become.
If a customer claims youve been negligent your EO policy can hire you an attorney cover your legal costs and damages too if youre liable. High-limit notary E O insurance. Many claims are simply easier to pay than fight in court.
Errors Omissions Insurance Will Pay the Costs of Any Claims or Lawsuits that Result From Your Unintentional Errors Up to Your Policy Limit. Covers up to 100000. Western Surety I think is offering signing agent EO to cover that aspect of our liability.
This is why there is Errors and Omissions Insurance also called EO Insurance. Here are the rates as of the date of writing this post for a few states I looked at. Regular notary E O insurance.