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Importance of Notary Public Errors & Omissions Insurance

Can you afford a costly lawsuit because you made a small mistake during a notarization? Lawsuits involving Texas notaries are becoming more and more prevalent. notary-insurance Even if the suit is not valid, you may still face an expensive legal bill for defending yourself. The notary bond does not protect you, it protects the public; Notary Public Errors & Omissions insurance safeguards you against potentially costly and time-consuming lawsuits. Consider these actual cases:
  • A property owner and a bank sued a notary public. She did nothing wrong, but was deceived by identity thieves. The notary public chose to pay to settle both lawsuits rather than endure prolonged litigation. Notary Public Errors & Omissions Insurance would have protected her.
  • A notary public witnessed the signature of a minor on a deed transfer, using a passport as identification. When the parents divorced, the notary public was sued on behalf of the child by her legal guardian. Because the notary had an Errors & Omissions policy, she avoided substantial legal fees.
  • In a real estate transaction, a notary public witnessed signatures that later proved to be forgeries. Even though she was acting on instructions from her boss, the notary was held liable for $5,000 in damages.
For pennies a day you can be covered against financial loss. Don’t go unprotected. Notary Public Underwriters Agency of Texas offers various levels of coverage to best fit your needs. Learn more about and purchase Texas Notary Public Errors & Omissions Insurance. Unfortunately, mistakes can happen, or you can be unrightfully accused, either way the battle will be an expensive one—you can guarantee you won’t have the added headache.   Notary Public Errors & Omissions policies are underwritten by Universal Surety of America.