Posted by larry Schaffer on 7/7/06 10:32pm
Msg #131633

E&O insurance

i am finally going to buy E&O insurance. not because i think that i might do something as a notary that someone would sue me over, but rather because everyone i work for wants me to. i would really like to know if anyone out there has ever been sued, known someone that has been sued or even heard of someone being sued for a notarial act.

Reply by CaliNotary on 7/7/06 10:41pm
Msg #131635

Jeez people

Why doesn't anybody even make a slight effort to browse the board before asking questions like this? The thread that was started on this EXACT same topic this morning is still on the first page of the board for pete's sake.

Reply by shebear on 7/7/06 10:45pm
Msg #131638

Re: Jeez people

Well pete, my sake is that E & O is a railroad, right?

Actually, not that I know of. But if you read Notary magazines or maybe try searching the internet for those terms you might find out.

Reply by larry Schaffer on 7/7/06 10:47pm
Msg #131640

Re: Jeez people

i searched the borad and couldn't find anything on E&O insurance being used, only bought.

Reply by shebear on 7/7/06 10:49pm
Msg #131644

Re: Jeez people

I meant the INTERNET. Google, or Alta Vista or a popular search engine.

Reply by CaliNotary on 7/7/06 10:53pm
Msg #131645

Re: Jeez people

E&O Insurance -Have you or anyone you know ever had a claim?
Posted by NCLisa of NC on 7/7/06 11:45am
Msg #131484 from logged in user

This is based on a previous thread.

As I said in my last post, in 16 years as a notary, an escrow officer and real estate paralegal, I have never had a claim against me, or known anyone that had a Notary E&O Insurance claim.

If you have had one, or know of someone that did, please share that information, it would be benificial to us all. I'd like to know what the claim was for.

Reply by Becca_FL on 7/7/06 10:54pm
Msg #131648

OMG :X n/m

Reply by Marie_MD on 7/7/06 10:57pm
Msg #131650

Yes I have been named as a defendent because I did a closing for a fraudulent Title Company.

Reply by larry Schaffer on 7/7/06 11:13pm
Msg #131658

very interesting. i have posted this inquiry on other boards and found nobody with such a situation. were you found responsible for anything that E&O paid for

Reply by TitleGalCA on 7/7/06 11:02pm
Msg #131652

These comments irritate the hell out of me

Shebear, either contribute something or go home. If you contribute, be specific. Otherwise, apologise to the original poster for being useless.

Reply by shebear on 7/7/06 11:14pm
Msg #131659

Re: These comments irritate the hell out of me

What is your problem. You irritate me! I have no idea where you are coming from. Why does everyone jump to conclusions and epitaphs of swear words if someone says anything.

Forget all of you!

Never ever have I been on a board where people(I think that you all are people, it is hard to tell sometimes) are mean spirited, horrible to their neighbors for actually trying to join into a conversation.

Why oh why did I even try! Forget it. Go and fly off the nearest highest point you have in your state and don't be surprised if you go "splat" when you hit the ground!!!!! (With this post (except the "splat" I DO NOT JEST)

Reply by CaliNotary on 7/7/06 11:18pm
Msg #131660

To be fair

Telling somebody to look something up on an internet search engine, and then explaining what sites are internet serach engines is a completely useless answer. This is 2006. Anybody who is computer savvy enough to find the notaryrotary board already knows what Google is and what it does.

Reply by shebear on 7/7/06 11:31pm
Msg #131674

Re: To be fair? When?

Nobody follows the posts? Who are you people? What "Twilight Zone" did I post into? None of you can take or get a joke.

I don't even know why anyone tries. Go ahead and have your fun. I don't care. Laugh while you can. It will come back to you.

Karma dudes/dudettes

you can dish it out but you can't take it.

Reply by Becca_FL on 7/7/06 11:34pm
Msg #131677

Re: To be fair? When?

Erin is that you again?

>>>Karma dudes/dudettes<<<

How's the skating going?

Reply by TitleGalCA on 7/7/06 11:19pm
Msg #131663

"well pete, my sake is that E&O railroad, right"

Just taking up space and nonsensical postings.

***Forget all of you!***

Please, do so. We will all be very grateful as you are useless. (Didn't I just say that?) It bears repeating to some.

Reply by shebear on 7/7/06 11:32pm
Msg #131676

Re: "well pete, my sake is that E&O railroad, right"

Oh and you my dear dear dear ********, you can say whatever you want. You reward will come back 10 times 10.

Reply by TitleGalCA on 7/7/06 11:35pm
Msg #131678

I do count on that very fact. Please go to msn.com...TY n/m

Reply by AngelinaAZ on 7/7/06 11:41pm
Msg #131684

Re: These comments irritate the hell out of me

So you said something that somebody else doesn't like... maybe you posted a 'useless' post... so what. I've done it... I'm sure others have done it. The only one on this board who I'm pretty sure has NEVER done it is PAW so RELAX... don't stress... nobody is perfect...

Learn the ropes... keep the good... forget the bad.

Reply by shebear on 7/7/06 11:08pm
Msg #131656

http://www.realtor.org/tr.nsf/0/64c8aeda38becc34852563dc006d92fd?OpenDocument

Here is an article about the pros and cons.

Reply by Victoria Woodhead on 7/7/06 11:49pm
Msg #131688

Thank you for the article and I had no idea when

I started msg #131441 this morning it would create this much discussion.

Reply by Victoria Woodhead on 7/7/06 11:45pm
Msg #131686

If you buy the E&O from the NNA it is only $50 per year for $100,000 of insurance. I currently have 25K and will up it to 100K. I finally figured out with my lightining fast brain it just makes good business sense. I was only curious what others thought and are doing.

Reply by Victoria Woodhead on 7/7/06 11:53pm
Msg #131690

NOW ARE WE DONE WITH THIS? n/m

Reply by larry Schaffer on 7/8/06 12:33am
Msg #131706

Re: NOW ARE WE DONE WITH THIS?

yea i suppose we are, unless someone has actually been or known someone who has been successfully sued for a notarial ack. marie from md does say that she was named as a defendant in a law suit against a fraudulant company. i'm sure there have been people who have been sued, perhaps successfully, for a notarial act, but then, people win the lotto and are struck by lightning. i will buy E&O insurance because the people i work for want me to. i think the notion that a notary needs this kind of protection is silly. more notaries will die on the way to a signing this year than will be suscessfully sued for a notarial error.

Reply by LkArrowhd/CA on 7/8/06 12:39am
Msg #131707

Re: NOW ARE WE DONE WITH THIS? LARRYYYYYYYYYYYYYYYYYYYYYY n/m

Reply by LawrenceOK on 7/8/06 9:11am
Msg #131726

There is a first time for everything Larry, you would be WISE to carry it.

Reply by MistarellaFL on 7/8/06 9:32am
Msg #131731

Victoria

When you log on to "Notary Talk" there is an orange seach button to click on.
If you type key words into that screen, you will pull up previous posts on that
particular subject. It is a helpful resource the moderator of this forum has provided
for our collective benefit, to eliminate the repetitve posting.
That is what everyone is in an uproar about.
This E & O issue is a long thread, which may answer your questions.
If not, just write you researched, but didn't find the direct information
you were seeking, and consider using your own search engine to look info
up on the net. If you find something useful, you may want to share it with us.
IMO.
Best wishes.

Reply by Victoria Woodhead on 7/8/06 10:57am
Msg #131747

Thank you and I am not stupid

I appreciate your help. Earlier I stated that I did use the search button and I did find some information. Google gets a work out daily. I have been around long enough to know this. Maybe I did ask questions prematurely but they did get answered.
Thank you and best wishes to you too.

Reply by MistarellaFL on 7/8/06 11:05am
Msg #131755

Didn't mean to imply that, just trying to be helpful n/m