What They Don’t Tell You about E&O Insurance/Signing Agents/NSA are you really Covered?
Hi Guys,
The E&O Insurance that you received through the National Notary Association (NNA) does cover your General Notary Work. However, it does NOT cover you as a Signing Agent dealing with Real Estate Transactions (Signings). This is directly from the mouth of an employee from the NNA hotline!
Per the NNA's website:
3 Important Things To Remember About E&O Insurance
1. Notary E&O Insurance only covers acts as a Notary. It does NOT cover non-Notary tasks performed by Signing Agents, such as mailing closing checks or delivering completed loan packages.
2. Review your insurance policies so you know exactly what coverage you have — and what areas aren't covered.
3. If you think you need additional coverage, contact a qualified insurance broker for assistance.
https://www.nationalnotary.org/notary-bulletin/blog/2020/11/what-notary-errors-omissions-insurance-will-and-wont-cover
Here are a few companies that offer E&O Insurance for Signing Agents. These are NOT affiliate links.
biBerk
www.biberk.com
(877) 984-6099
Hiscox
https://www.hiscox.com/small-business-insurance
1-888-706-4907
Markel
https://www.markel.com
818-227-8271
E. R. Munro & Company offers policies through Hiscox and Markel.
https://www.ermunro.com/insurance/business/signing-agent-liability-eo/
Hiscox policies are designed for the new signing agent who is just starting out with less than three years’ notarial experience.
For the signing agent with three years or more of experience as a notary, we offer policies through Markel.
For more information on Signing Agent E&O, please contact us E.R. Munro
877-376-8676
Видео What They Don’t Tell You about E&O Insurance/Signing Agents/NSA are you really Covered? канала YouSaySo Mobile Notary
The E&O Insurance that you received through the National Notary Association (NNA) does cover your General Notary Work. However, it does NOT cover you as a Signing Agent dealing with Real Estate Transactions (Signings). This is directly from the mouth of an employee from the NNA hotline!
Per the NNA's website:
3 Important Things To Remember About E&O Insurance
1. Notary E&O Insurance only covers acts as a Notary. It does NOT cover non-Notary tasks performed by Signing Agents, such as mailing closing checks or delivering completed loan packages.
2. Review your insurance policies so you know exactly what coverage you have — and what areas aren't covered.
3. If you think you need additional coverage, contact a qualified insurance broker for assistance.
https://www.nationalnotary.org/notary-bulletin/blog/2020/11/what-notary-errors-omissions-insurance-will-and-wont-cover
Here are a few companies that offer E&O Insurance for Signing Agents. These are NOT affiliate links.
biBerk
www.biberk.com
(877) 984-6099
Hiscox
https://www.hiscox.com/small-business-insurance
1-888-706-4907
Markel
https://www.markel.com
818-227-8271
E. R. Munro & Company offers policies through Hiscox and Markel.
https://www.ermunro.com/insurance/business/signing-agent-liability-eo/
Hiscox policies are designed for the new signing agent who is just starting out with less than three years’ notarial experience.
For the signing agent with three years or more of experience as a notary, we offer policies through Markel.
For more information on Signing Agent E&O, please contact us E.R. Munro
877-376-8676
Видео What They Don’t Tell You about E&O Insurance/Signing Agents/NSA are you really Covered? канала YouSaySo Mobile Notary
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