E&O (errors and omissions) insurance protects you personally from claims of professional mistakes. Unlike auto or home insurance, there's no lien on your property when it lapses. The lapse is invisible — until a client files a claim.
Unlike a surety bond (which protects clients from fraud), E&O insurance protects you personally from lawsuits. If a client claims you made a notarization error, E&O covers your legal defense costs.
E&O policies typically renew annually, while bonds may be 4-year terms. Different cycles mean twice the chances to miss a renewal — and twice the risk of a gap in coverage.
Add your E&O expiration date alongside your commission and bond dates. NotaryTrack shows all three at a glance, with Pro plan email reminders before any of them lapse.
Without E&O insurance, you're personally responsible for legal fees and damages if a client sues for a notarization error — even a simple mistake made in good faith.
Start Tracking for FreeMontana recommends at least $100,000 in coverage per claim. Many providers offer $500,000-$1,000,000 aggregate limits.
E&O covers claims of negligence, errors, or omissions in your notarial acts. This includes failed notarizations, identity verification failures, and document errors.
Montana requires a surety bond to become a notary. E&O is separate coverage that's strongly recommended even though not legally required.