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I base my coverage decision on
Posted by FlaNotary2 of FL on 6/17/11 10:16am Msg #386595
the likelihood of me making an error that falls within the scope of my E&O policy.

Keep in mind that most of what I do on a regular basis is weddings and court documents. As long as I check ID, administer an oath, the person personally appears, and I complete a statutory jurat, the likelihood that my valid notarization will cause someone to lose money is slim to none.

This is JMHO. The majority of my notarizations are for clients in my office. Even if I did own a home (which I will by the end of the year), I could not justify more than $5,000 E&O.
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Messages in this Thread
 What amount of errors and omissions insurance do you have? - Benchmark on 6/16/11 3:23pm
 NP $100K, SA $250K n/m - SouthernOK on 6/16/11 3:25pm
 SA 100K - Sha/CA on 6/16/11 7:04pm
 $35K :=D Get mine right here on NotRot n/m -  Moneyman/TX on 6/16/11 8:11pm
 Chris...and companies accept the $35k?? n/m -  Linda_H/FL on 6/16/11 8:38pm
 Why not? It was the XYZ that pushed the 100K requirement. -  MW/VA on 6/16/11 9:14pm
 $10,000 does the trick in Alabama. -  Jack/AL on 6/16/11 9:54pm
 Haven't had one yet tell me it was not enough. n/m -  Moneyman/TX on 6/16/11 9:51pm
 Maybe the companies that request it don't read the -  Linda_H/FL on 6/17/11 7:32am
 Re: Maybe the companies that request it don't read the -  Moneyman/TX on 6/18/11 12:33pm
 Re: What amount of errors and omissions insurance do you have? - Lee/AR on 6/17/11 9:33am
 I am embarrassed to say that I only carry $1,000 E&O - FlaNotary2 on 6/17/11 9:58am
 It doesn't matter if you do 1 or 100 notarizations -  Linda_H/FL on 6/17/11 10:08am
 I base my coverage decision on - FlaNotary2 on 6/17/11 10:16am



 
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