Posted by Performance Title Inc. on 4/14/09 4:17pm
Msg #284944

E & O Insurance

I need a notary that has E & O Coverage for $500,000.00, that would be interested in doing a closing in Jacksonville Beach, FL on 4/16/2009 at 7:30am. The lender requires the $500,000.00 coverage and will not accept anything less. Please email me at [e-mail address] if you are interested or call 888-641-3334

Reply by Cari on 4/14/09 4:54pm
Msg #284953

GOOD LUCK FINDING ONE WITH THAT MUCH COVERAGE... n/m

Reply by Linda_H/FL on 4/14/09 5:00pm
Msg #284954

There IS a Florida notary who carries that coverage

not sure if she's near Jacksonville, though.

Reply by dickb/wi on 4/14/09 5:59pm
Msg #284965

i would like to know where she found that much.......

because to my knowledge cna surety is the only co selling "signing agents e & o" coverage... keep in mind that is different than notray e & o........cna has a 75k/150k policy and a 125k/250k policy.......now if a title co is purchasing that is another whole animal and they can usually get pretty high limits with high deductibles......provident is asking the impossible when they require 500k which is not available.....

Reply by Linda_H/FL on 4/14/09 6:09pm
Msg #284972

I don't know, Dick..I just know she posts here and

does carry it specifically because she has the Provident business to justify it...possibly it's in the form of a commercial liability insurance policy?

I really wish someone would sit Provident down and make them realize what Notary E&O Insurance really covers - I don't think they realize the limitations.

Reply by dickb/wi on 4/14/09 6:30pm
Msg #284980

commercial liability doesn't cover e & o............ n/m

Reply by jba/fl on 4/14/09 6:10pm
Msg #284973

Re: There IS a Florida notary who carries that coverage

Theresa Burrell, Orlando has the coverage necessary.

Reply by Michael LaFrenais on 4/14/09 5:51pm
Msg #284963

Message Deleted

This message has been deleted by a forum moderator.

Reason: Author Request - Special Exception

Reply by dickb/wi on 4/14/09 6:04pm
Msg #284970

mike if i were you i would never publicly let any one know..

what your ins limits are.....you are just begging for a large law suit when and if it happens.... the amount of ins you carry should be kept to yourself untill after a law suit hits and the court orders you to let the amount be known.....as an insurance agency owner for many years and having seen many law suits and court rulings i learned that you keep those things private... jmho...........

Reply by A-1 Signing Agents, LLC on 4/14/09 10:37pm
Msg #285056

Re: mike if i were you i would never publicly let any one know..

That would smell fishy to me that they would need so much E&O. Especially when FL has a minimum requirement. What's up with that?

Reply by Linda_H/FL on 4/15/09 9:48am
Msg #285097

Carol...what minimum requirement? n/m

Reply by jba/fl on 4/15/09 1:02pm
Msg #285139

Linda, you know - the BOND. Someone's confused n/m