Posted by MDNotary on 6/6/05 11:35am
Msg #42641

Insurance

Hi All,

I was wondering about what types of Errors & Omissions (E&O) Insurance people have. I am in Maryland and I see that the National Notary Association provides some deductible-free policies so I was wondering if anyone had any insight on this and if they think it's worth it. I have been looking at other companies as well but their prices are extremely high.

Thanks!
Sherri

Reply by Art_MD on 6/6/05 11:52am
Msg #42647

The rates for E&O should not be that high. What were you quoted?

Art

Reply by Sherri McDonald on 6/6/05 11:59am
Msg #42648

Well through Hess & Egan (www.hessegan.com) they use a company called Title Pac which charges a $1400 premium for $100,000 of coverage.

Sherri

Reply by Vicki/MD on 6/6/05 12:01pm
Msg #42650

YIKES!!! You all should go to Chesapeake Insurance in Annapolis, MD for your E&O policies. I got $250,000 of business and notary coverage for about $600.00/year.

Reply by Sherri McDonald on 6/6/05 12:31pm
Msg #42665

Wow! Thanks sooooooo much! I'll check them out.

Sherri