Just received a notice from Signature Closers, by April 2027, they will only use notaries with a minimum $100,000 E & O Insurance.
I had increased mine when I renewed in 2025. So I won’t have to worry about being dropped. Strongly encourage anyone who wants to get orders from this portal to upgrade their E & O Coverage.
Got that email also. I’ve had 100k coverage for a while since I do plenty of Fidelity signings. Many other platforms have moved to having 100k E&O. Only a couple of them I work with still let you carry 25k
Can I ask who is your e&o with?
Western Surety Company
Think they’ll increase offered fee to align with increased mandatory expense???
When expenses go up, so does cost of service.
Wouldn’t that be grand! Using the excuse I can offset the costs at tax time, in my annual rebudgeting is so stressful.
What most of us don’t realize about this is it’s just another way for hiring party to push their expense and liability onto the notary. E&O carriers don’t care about who’s to blame; they just can settle it as cheap as possible. That’s usually done by paying the claim because, well, fighting it thru court is more expensive than just paying it off. Higher E&O just makes us a bigger, better deep-pockets target. AND whatever is paid to make it go away is DEDUCTED from the stated amount of your policy until the term ends. It’s called declining coverage. Don’t believe me? Google it.
I’ve always had $100,000 E&O, so this doesn’t affect me at all.
I always had 100,000 E & O and still never receive any work. Very frustrating.
I’ve carried these limits since I begun signing.
I went the first four years with 25K and didn’t notice any problem with volume. I increased it when I renewed. Can’t tell how much it helped but I think there are some who prefer the higher coverage.
Does anyone know what the price difference is between $25,000 in coverage and $100,000? I’ve always carried the larger amount.
I paid $60 for 25K in 2021. In 2025 I paid $200 for 100K.
Much obliged for that information. It’ll help some folks to know that 
COST really varies by what state you’re in and the length of your commission. 100K for AR 10 year commission term is currently $864 thru NNA/Merchants Bonding.
I just went directly to the agent. Which was considerably cheaper than online purchasing.
Arichter, I’m a bit unclear on your response. $100K policy - is that for coverage for 10 years for $864?
No reason to go through the NNA who seem to be higher in everything
Yup. Direct from NNA website 3/6/26. As ‘they’ (whoever they are) kept increasing ‘required’ (by whom?) amounts thru the way-too-many-years I’ve been doing this, it always seems to be mid-commission. Seems they prorate a bit strange–so I purchase annually (and not every co. will allow that). But it makes a whole lot of sense (to me, anyway) to buy it annually due to that little known ‘declining coverage’ (if you ever have a claim filed)… And, with 100K, you ARE a deep pockets target that allows the ‘blame’ to be spread around. Don’t lose any sleep over it because not many claims are filed–YET.
Or at your next policy renewal (up to January 1, 2027) Important note!
