Did You Know Maryland Notary Publics Need Insurance?
Notary publics are impartial witnesses, appointed by the Secretary of State, to the signing of legal documentation such as wills, property deeds, or powers of attorneys. When a document is signed by a client, the notary public reads over the documents to make sure the documentation has the proper signatures and dates filled in. The notary public will stamp a seal to indicate a notary witnessed the signing of the documents and attest the signing occurred within the legal state the documents are for.
Many notary publics work with larger companies such as law firms, title companies, and in-house company services, and some can establish a notary business and operate as an entity on their own. It is important to have Maryland notary insurance coverage in both circumstances. If an error occurs during the notarial process, the notary public or the company that the notary public works under will be held legally responsible.
What types of insurance do notary publics require?
It is different for every state, but generally a notary public will need at least one of these coverages:
- Errors and Omissions
- Business Owners Policy
- Cyber Liability
- Workers’ Compensation
Speak to an experienced broker to find out more additional information about notary insurance policies and the coverages that are right for you.
