Posted by Brooke Squyres on 5/23/13 3:36pm Msg #471035
Provident question
Does anyone know what the current Provident E & O requirement is? I am about to re-up, and if it is still 500k I will go that way. I have had a couple of title co's ask me if I have 1Million, and I wonder if that is from Provident, or just going off what I had before? TIA
|
Reply by CJ on 5/23/13 4:58pm Msg #471041
I think I asked a signing service about that once, and they said that THEY carry the huge insurance.
|
Reply by Negrete on 5/23/13 5:22pm Msg #471043
Ya, Provident is still 500K for Notaries and 1 Mil for a SS.
Anthony J Negrete
|
Reply by Sha/CA on 5/23/13 9:08pm Msg #471073
Re: I have done many Provident loans through SS. My E&O is n/m
|
Reply by Sha/CA on 5/23/13 9:09pm Msg #471074
Sorry.. 100K. SS E&O must cover me? n/m
|
Reply by Yoli/CA on 5/24/13 11:13am Msg #471128
Yes, Sha. SS $1M E&O covers notary.
That's why SS's E&O requirement is double what a notary's is (working directly with Provident).
|