Any person who owns a business where a professional service is provided can be held liable for errors and omissions. To protect your assets you need errors & omissions insurance.

Notaries Public should be sure that they also have errors and omissions insurance. This insurance offers coverage in the event of a mistake being made in your professional work.

Notaries are often verifying signatures for multi-million dollar real estate deals. In a world where the answer to any problem is a law suit, you cannot afford to be found liable for this type of land dealing that has turned sour. You were simply doing your assigned duty as a notary.

Anyone can file a lawsuit against you for any reason. The legal fees can become overwhelming. In one case a notary was sued for notarizing a document for identity thieves. The ID thieves had state issued drivers licenses with their pictures. The bank and homeowner sued the notary for errors and omissions. This insurance will cover legal charges as well as the specified amount of any losses.

Many notaries have the mistaken impression that their employers insurance will cover them in case of an error or omission in their work; however, that commission belongs to the notary and not his employer. As a notary, you can be sued on a personal level for errors or omissions in performance of you duties. This has lead some notaries to have to file personal bankruptcy because of the suits.

Having errors and omissions insurance means that the insurance company will provide attorneys needed in any lawsuit and will pay up to the specified amount of the insurance policy for the loss of a company by your error or omission.

Anyone can make an error. These errors or omissions can cause you to lose your home or other property. Protect yourself and your family through errors & omissions insurance. The cost for such security is very little, and in the event of an error or omission, you will be glad that you have purchased this insurance.