Notary Errors and Omissions Insurance – Higher Limits of Insurance
Notaries are seeing themselves in need of higher limits of errors and omissions insurance (E&O) insurance due to contracts, rules from signing agencies, lenders, escrow companies, or other reasons. While many notaries may purchase a low limit of errors and omissions insurance along with their bond, this may not be enough to protect themselves and their businesses, nor does it always meet contract requirements.
Notary Errors and Omissions insurance is available for quoting in over 40 states with the team at Stratum Insurance Agency LLC.
What limits of insurance are available for Notary Errors and Omissions insurance:
Limits as low as $5,000 and as high as $5,000,000 are available on most primary policies, and if you need higher limits, up to $50,000,000, we can help through excess or umbrella policies. Sample limits of insurance include $100,000, $250,000, $300,000, $500,000, $750,000, and $1,000,000.
For Notaries Public, there are different policies available. In some cases, the policies can included both general liability and professional liability at a very competitive price. Notaries operating their business from their home (although you may travel out to perform your notarial duties), may qualify for a home business policy that offers coverages similar to a traditional business owners policy, with an added benefit -- errors and omissions insurance. The home-based business. If you are in need of E&O insurance limits higher than those offered under the home-based business option, a stand alone E&O policy option is available.
Request a quote at: http://www.stratumins.com/business/notary_insurance.html
Other options available for Notaries seeking insurance:
- General Liability Insurance - different liability limits are available
- Errors and Omissions Insurance
- Business Personal Property - to protect your equipment that are used in the course of your business
- Business Income and/or Extra Expense Coverage
- Medical Expense
- Damage to Premises Rented to You
- More optional coverages are available.
Notary Bonds are also available.
Home-Based vs Office Based Policies
Home-based insurance policies for notaries seeking general liability insurance are also available. For notaries who rent or occupy a space away from their primary residence, other policies are available. Stratum Insurance Agency LLC can assist with policies that offer both general liability and errors and omissions insurance under one policy, helping to reduce gaps in coverage. High limits of coverage are available. Stand-alone policies can be quoted to help find the combination of a coverage that you are seeking.
Quote Requests are available online at:
Most Quotes are returned in the same day.
Disclaimer: Coverages and options vary by policy and location. The information provided here is very general and this article is in no way meant to serve as a recommendation, reference material, or offer of coverage. The reader of this article agrees to hold the author harmless and release him, his agency and/or brokerage from any liability arising from insurance coverage decisions chosen by the reader. No coverage is offered or afforded by this article.
