Posted by bowie_MD on 8/15/11 2:05pm
Msg #393702

EO Insurance

Sorry hit wrong key
So its time to renew and I am asking myself why I have $250,000 and pay nearly $800 a year.
$100,000 from NOT ROT AND NNA is just $104 per year for Maryland.
Your input appreciated.
Mike

Reply by Karla/WA on 8/15/11 2:50pm
Msg #393706

I have no idea why you have $250,000 either, especially if you're "just the notary"...(I had to say that, because I hear that so often)!

I've been signing for 6 years and have $25,000 (considered increasing it to $50,000, but SS just want to know if you have E&O. If I can remember, I pay about $60 (for my 4 year commission). Save some money! Notary Rotary can assist.

Reply by Linda Juenger on 8/15/11 5:05pm
Msg #393730

I've only had $25,000 for 6 years and just last week increased it to $50,000 for a new client.

Reply by Alz on 8/15/11 7:09pm
Msg #393747

IMHO. The amount is often dictated by the client. Some

requires $50,000, while others ask for $100,000 and still there are a few that insist on $500,000.

Reply by bowie_MD on 8/16/11 3:23pm
Msg #393851

Re: IMHO. The amount is often dictated by the client. Some

thank you for the input