Florida Notary Public Errors & Omissions Insurance
Are You Unprotected?
How much can a notary mistake cost? A small mistake can be very expensive. Notarial losses are becoming more common every day, from small suits to major verdicts involving tens of thousands of dollars!
- A notary lost $2,381 on a claim that he acknowledged a forged signature. Another notary is currently fighting a similar claim involving $14,671.
- A notary was sued for allegedly affixing her seal to a forged signature on a certificate of title. Although judgement was rendered in favor of the notary, she incurred $560 in legal fees.
- Recently a notary witnessed signatures in a real estate transaction which later proved to be forgeries. Even though she was acting on instructions from her boss, that notary was held liable for $5,000 in damages and $2,493 in court costs.
YOUR FLORIDA NOTARY BOND DOES NOT COVER YOU IN THESE CASES.
The notaries in these examples were all covered by Florida Notary Public Errors and Omissions Insurance. Every dollar of the damages and legal costs were paid with no deductible to the notary.
Can you afford a costly lawsuit because you made an innocent mistake and were an easy "target" for someone trying to recover losses? Florida Notary Public Errors and Omissions Insurance is your only safeguard against costly and time consuming lawsuits. Even if no damages are awarded, you could incur thousands of dollars in legal fees if you aren't covered.
Just as you protect your home, car and other personal effects with insurance, you need to protect your notarial acts with Florida Notary Public Errors and Omissions Insurance. The term of the policy is the same as your notary commission. Policies may be purchased at a nominal premium with various limits.
Protect yourself and those who depend on you by ordering now!
Group Errors & Omissions
Troy Fain Insurance
P.O. Box 5077
Tallahassee, FL 32314-5077
Higher limit insurance application is not required for Group Notary E&O policies; however, the policy strictly covers notarizations and notary signing agent duties only.
Notary Bonds and E&O policies are underwritten by Western Surety Company, Angela Jo Larson, License #A150040. Prices include a mandatory 1.3% assessment fee levied on premiums for the Florida Hurricane Catastrophe Fund.