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Error and Ommission
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Error and Ommission
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Posted by Ava Williams on 7/19/07 1:01pm
Msg #200798

Error and Ommission

I was asked for a copy of my error and ommission cert. What is that and where do I get that? I am bonded but i wanted to make sure that is the same thing, right?

Reply by Amy Jared on 7/19/07 1:06pm
Msg #200801

My E&O policy is an extra policy I purchased in addition to my surety bond. You can get an E&O policy from all of the same places that sale the surety bonds, in fact the NNA even offers them. They are inexspensive, like $40 bucks for $20k in coverage I think. Easy to aquire, and you may be able to get one faxed to you, in additon to it being mailed.

Reply by Sylvia_FL on 7/19/07 1:09pm
Msg #200803

Ava
Your bond protects the public. If ever the bonding company had to pay out on a claim against your bond, then you would have to repay the bonding company the amount paid out.
Errors and Omission insurance protects against that.

Reply by RickG/CA on 7/19/07 2:24pm
Msg #200823

Click the "Notary Supplies" tab and you'll find E&O information

Reply by Signing_Doc on 7/19/07 2:40pm
Msg #200835

take care of your local here....Harry sells it 4 all 50 st n/m

Reply by sue_pa on 7/19/07 4:26pm
Msg #200879

check around

This site doesn't necessarily offer the lowest prices. I believe for my state they charge $208 for $50,000 (not positive as it was a few weeks ago I looked). I looked elsewhere and paid $60 and received $50,000 coverage PLUS $25,000 for legal fees.

Reply by Charles_Ca on 7/19/07 6:06pm
Msg #200896

But did you get it for 4 years????

Harry's prices are for 4 years. You can buy less but you have to ask directly!

Reply by sue_pa on 7/20/07 5:56am
Msg #200965

yes n/m


 
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