Most EO insurance carriers offer policies at this amount for around 20 a month or less and for what you receive in exchange I believe it is beyond worth it.

How much is e&o insurance for notary. The standard recommended by the Signing Professionals Workgroup is 25000. The NNAs Notary EO Insurance pays your claim and legal expenses up to your policy limit you dont have to pay a deductible. The median annual cost of EO insurance is about 60 a month.

How Much does Notary EO Insurance Cost. Signing agent EO insurance. For instance if you make a mistake in your notary services and a client sues you this coverage can help pay your legal expenses and court costs.

Purchase Notary EO Insurance How much does a notary bond cost. Why Do Notaries Need Business Insurance. Covers up to 2 million.

Please note that many LendersFinancial Institutions have minimum limit requirements of 5000001000000 for real estate professionals who do work for them. The good news is that the premium amount is a fraction of the face-value bond amount. High-limit notary E O insurance.

You can buy notary insurance online starting at around 200 a year and it includes both general liability and professional liability EO insurance on a. Some companies however want NSAs they hire to carry more coverage. Many people are shocked when they see that they must purchase a 500 1000 5000 or 10000 notary bond.

Errors and Omissions insurance helps protect notaries against honest mistakes they might make. On the other hand EO insurance helps cover you as a notary. You must purchase EO insurance PRIOR to performing any professional service.