A notary was sued for $99,000 because a deed he notarized was fraudulent and he didn’t properly identify the customer. Because the notary did not have Notary Errors and Omissions (E&O), he had to take out a loan to pay for his mistake.
Notary E&O Insurance is protection for the notary when a mistake is made fulfilling the notarial role.
Notary Errors and Omissions Insurance protects you when you make a mistake that causes your client to suffer a financial loss.
It is a common misconception that your notary bond protects you. Your bond protects your customers. You are required to pay the bonding company back if it has to make a payment on a claim.
PAN's Notary E&O Insurance pays your claim first. There is no deductible and you are not required to pay the insurance company back.
Your employer will also be insured under PAN's Notary E&O Insurance policy at no additional charge.
* Only valid with qualified education including First Time Notary Seminar, Notary Reappointment Seminar, Notary Basic Education Online Course and the Notary Continuing Education Online Course that was taken within 6 months of the purchase date.
If you are in the process of becoming a notary or are renewing your commission, you may add any of the Notary E&O policies to your package. If you are in the middle of your commission, you can still benefit from PAN’s Notary E&O Insurance coverage. Simply multiply the monthly rate of the policy of your choice by the remaining months of your commission to determine your cost. For more information or to order a policy, please call 800-944-8790.
Lawsuits against signing agents are becoming more common. Signing Agent E&O Insurance is designed to fill the gaps not covered by traditional Notary E&O Insurance.