What Is Errors And Omission Insurance?
Having an Errors and Omission insurance is absolutely important for a notary public. It is their cushion in the event of an unintentional mistake that can cause harm to the third party. Many people have the misconception that notary public do not need insurance because they are bonded. However, many people do not know that the bond is supposed to protect the public, and a notary has to repay the amount in case of a claim. An errors and omission insurance is necessary to protect the notary public in case of a claim. The notary public will not be asked to reimburse the amount to the insurance company. (more…)
A notary agent (also called a notary public) holds a very important job of authenticating and verifying the signatures on legal documents in various kinds of legal transactions. The requirements, procedures, and qualification required to be a notary public varies from state to state. Most of the states require the applicant to be at least 18 years of age, a legal and permanent resident of the state he/she is applying in and without any prior criminal record. Being a notary public will allow you to deal with a diverse clientele and starting a business of notary public will open many doors for you. Following are a few steps that you need to take in order to start your notary public business once you become a commission notary: (more…)
Notary publics typically fall under one of two categories: stationary and mobile. Stationary notaries work out of their home or office, requesting clients to come to them to have notarial acts performed. Mobile notaries, on the other hand, travel to the client’s location to perform a notarial act. This week, we’re going to take a closer look at some of the surprising benefits of using a mobile notary.