Protecting Yourself from Litigation and Costly Fines

A notary public is responsible for verifying signatures and validating documents that can hold up in a court of law if necessary. When a notary validates a document that has been forged or signed fraudulently, this person could be held legally and financially liable.

Because the courts have the leeway to render judgment that can cost notaries hundreds or thousands of dollars, it is understandable why some people would hesitate to join this profession. When you are considering studying to become a notary in Illinois, you may take comfort in the fact that you can invest in insurance that will shield you to a great extent from legal liabilities during your notary public tenure.

The Protection of the Policy

The insurance policy, which is called Employer’s Blanket Errors and Omission insurance, covers notaries public like you from litigation in court for actions over which you may have had no control. Most states hold the notary responsible for notarized documentation that has been signed fraudulently or forged. Even if you check the signer’s proof of identification and used your best judgment to determine the authenticity of the signature, you could still be held liable and fined by the court.

The insurance will pay the fine for you so that you do not have to pay it out of your own pocket. You can file the claim with the issuer of the policy and have the amount sent directly from the insurance company to the plaintiff.

It additionally covers the cost of your defense during the litigation so you can hire the best legal counsel to take your case. You do not have to pay your court costs or retainer fee. You can focus on proving your innocence and holding up your reputation as a notary public.

The policy is available to you at no cost as well. You will not have to pay premiums on the policy while you work as a notary public. The cost of the policy will be paid by your employer.

The insurance is available in most states. You can go online today to find out if your state is permitted to extend this coverage to you. You can also use the email address to make official inquiries about signing up for the policy once you have completed your notary public examination and have been licensed or certified by the state in which you plan to work.

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