Florida Signing Agent E&O Insurance ($75,000 per claim/$150,000 aggregate) - $1000 deductible
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As a Notary Signing Agent, you will have unlimited personal liability for losses caused by any mistakes that occurred during the signing. Having the proper type of insurance will provide assistance and protection for defending yourself in a lawsuit, even if you are innocent. This is why you should have Florida Signing Agent Errors and Omissions Insurance.
The Florida Signing Agent Errors & Omissions Insurance is an annual policy that is designed to fill the gaps left with traditional Notary Public Errors & Omissions Insurance. This means Notary Signing Agents would be covered for situations such as innocent errors or omissions related to Signing Agent notarial acts, improperly identifying the borrowers, missed initials or non-notarized signatures, incorrectly dating documents, failure to complete the closing in the time frame specified and the late return of date-sensitive documents. Defense costs are also covered within the coverage amount.
This policy does not cover non-real estate transactions. A notary also doing general notary work should continue to carry traditional Notary Public Errors & Omissions Insurance.
You will receive your policy via email. Please review the policy in its entirety to understand the coverage you have.
Signing Agent Insurance is available through CNA Surety and is underwritten by Western Surety Company. Your application is subject to review and approval by CNA Surety Corporation. This is a claims-made and reported policy. This policy only covers claims that are both made and reported during the policy period. The Per Claim Limit is the maximum amount the policy will pay on any one claim. The Aggregate Limit is the maximum amount the policy will pay on all claims combined. The Deductible is your share of an insurance claim, which you must pay before your insurer provides financial coverage. The deductible does not apply to defense cost.
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|Category||Notary Signing Agent|
|Product||Florida Signing Agent E&O Insurance ($75,000 per claim/$150,000 aggregate) - $1000 deductible|