It probably doesnt surprise you that architects and engineers pay the most for errors and omissions insurance.
How much is e&o insurance for notaries. Errors and omissions insurance EO for short protects you. It is a wide range depending on the level of coverage. Your EO policy will cover attorney fees settlements and court fees up to 10000.
The standard recommended by the Signing Professionals Workgroup is 25000. Why Do Notaries Need Business Insurance. This varies based on your needs.
Notary errors omissions insurance helps protect the notary from damaging lawsuits arising out of notarial mistakes and omissions. Were an insurance company you can trust and have helped notary businesses like yours get the coverage they need for. Or 155 a month.
And an architect pays. Puerto Rico and Latin American law is based on Spanish law. Your EO policy will protect you against thatit protects you up to the point of your coverage.
Check out results for Eo insurance. If the surety company makes a payment on your claim you are required to pay them back. The Notary bond protects the public.
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. Many notaries have made unintentional errors causing financial troubles from the backlash. Average costs for EO coverage are usually 500 to 1000 per employee per year.