Lawsuits are a serious concern for notaries who work as small businesses and independent contractors. This is why legal and business experts strongly advise notaries to take out Errors and Omissions (“E&O”) insurance. “E&O” policies will give notaries peace of mind as they provide both legal and financial protection against possible lawsuits. It’s a safety net against financial losses or court costs which can be very high in case of a legal dispute.
Read the full article from National Notary Association’s Notary Bulletin