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All Notary Publics should have a Notary Errors and Omissions Insurance Policy.
A Notary Public carries a lot of responsibility with every signature. The Notary signature is a legal attestation to the validity of what is contained in the document, and therefore the Notary can be held liable for any damages that may result from the act of notarization. Notarizing forged signatures and documents, or errors and omissions on the part of the Notary, either intended or unintended. can have disastrous financial results.
Bonds Express offers a South Carolina Notary Errors and Omissions Insurance Policy with a 100% approval rate.
A Notary Bond protects the public against damages incurred by a Notary Public’s mistake, but it does not protect the Notary Public against lawsuits to recover damages. This is why you need a Notary Errors and Omissions Insurance Policy. This policy not only protects you against financial loss up to the amount of the policy, it also helps to cover your legal fees for representation. Specifically, a Notary Errors and Omissions Insurance Policy protects the notary from liability resulting from negligence, unintentional omissions, and errors.
The Notary Public Errors and Omissions Insurance protects you against expensive, time-consuming lawsuits, by ensuring that damages and even legal fees, when covered by the policy, are not the responsibility of the notary.