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Wednesday, March 13, 2013

Notary E and O Insurance $500,000 and $1,000,000 limits available

Notary E and O Insurance

Individual Notary Errors and Omissions Insurance with High Limits of Insurance is now available from Stratum Insurance Agency in 49 states, with options for errors and omissions insurance, general liability insurance, and more.  Limits as low as $50,000 as high as $5,000,000 are can be selected.  Choose from E&O insurance limits of $100,000,  $250,000, $500,000, $1,000,000 and $2,000,000.  Most quotes are available in the same day.  Notary signing agencies are also invited to request a quote.
Notaries are now finding that  contracts from mortgage companies, title companies, or escrow companies requiring higher limits of insurance  – That’s where the Small Business Team from Stratum Insurance Agency LLC  comes in to assist.  
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Individual notaries are also invited to obtain a quote, with E&O insurance limits as low as $5,000.

Consider a business owners policy along with professional liability insurance for a notary business.Below are some of the additional coverage options that can be added to a business owners policy, along with general liability insurance.  
  • Employee Theft - Employee theft represents a significant exposure. Client files and other legal documents often contain sensitive, secret and valuable information that may be misused by employees.
  • Documents may be lost – ask about coverage for “Personal Property of Others” which can apply while a client’s physical documents are in your care, custody, or control.
  • Data Breach Coverage – Valuable data may be stolen and simply the cost of notification can hurt a business to the point of putting it out of business.
Identity Theft coverage is often include on a business owners policy.  Review your quote in detail for more information.
Home-based notaries that travel out may be eligible home-based business policy starting at a very competitive price. This option includes general liability and $25,000 of errors and omissions insurance.
Notary Bonds Only are also available.
How to obtain a quote for Notary Insurance (available in all states except MA):