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E&O Insurance


Jennifer Price
Posts: 1
Customer
Topic starter
(@jenniferapriceyahoo-com)
New Member
Joined: 2 months ago

I just received my commission and ordering my bond and supplies.  How important is it to have E&O insurance when you are first starting out?

Thank you, Jennifer

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Andy Johnson
Posts: 57
Admin
(@andy)
Member
Joined: 7 years ago

E&O protects you from financial damages for honest mistakes.  It is 100% needed if you are doing Loan Signings, but you will have to consider your risk to determine how much coverage you may need.  I usually recommend at least covering the bond amount with E&O. https://notary.net/notary-bond-vs-notary-e-o-insurance/

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