Importance of Errors and Omission Insurance for Notary Public

Medical professionals get malpractice insurance. 

Entrepreneurs and independent contractors purchase business liability insurance.

For Notary Publics in the U.S., however, there is a specialized form of protection called errors and omission insurance, also known as E&O insurance. Even though many businesses use a structure that limits personal liability, it’s alarming how quickly professional liability can turn into a personal nuisance. 

Liability insurance is especially important for those who plan to make a living off their expertise. Having errors and omissions insurance will allow Notary Publics to function as both a fee-earning “entrepreneur” and a public individual occupying a state-designated position. 

This protects the integrity of their work, while ensuring that people who find serious errors or omissions can still claim damages.

How to Start a Business of Notary Public

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:

Benefits of Hiring a Notary Public

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.

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