As a notary public, you may want to consider purchasing errors and omissions (E&O) insurance. This type of insurance protects you in case a mistake is made while notarizing a document, which results in financial losses for your client.
Errors and omissions insurance is also known as professional liability insurance. It covers legal fees, settlements, and judgments up to the policy limit. Some states require notaries to carry E&O insurance as a condition of their commission.
In addition to E&O insurance, you may want to consider purchasing a general liability insurance policy. This type of insurance protects you in case you are sued for bodily injury or property damage that occurs during the course of your work as a notary public. It can cover legal fees, settlements, and judgments up to the policy limit.
It’s important to note that the insurance requirements for notaries vary by state. Before purchasing insurance, it’s a good idea to check with your state’s notary public regulating agency to find out if E&O insurance or other types of insurance are required or recommended.
