Updated 6-9-20. A Notary’s essential duty is to authenticate identities to protect consumers from fraud. But if one of your notarizations is challenged, who protects you? If you do not have a Notary Errors and Omissions (E&O) insurance policy, you’re on your own.
While most Notaries will never have a claim made against them, lawsuits are becoming more common and often are filed months after the notarization in question was performed. Notaries can even get embroiled in legal disputes even when they have done everything right.
You may purchase E&O insurance when you become a Notary or when you renew. To help you understand how E&O insurance works, here are things to keep in mind:
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