FAQ_category: (HIDDEN) Industry FAQs

Whether you’re practicing independently or within an agency, social workers should consider the following coverages: 

• Professional Liability Insurance (E&O) – Protects you from claims of negligence, misdiagnosis, or emotional harm tied to your services. 

• General Liability Insurance – Covers physical incidents like a client tripping in your office or property damage during a home visit. 

• Cyber Liability Insurance – Important if you store or share client records digitally, including session notes and confidential data. 

• Business Owner’s Policy (BOP) – Combines general liability with property protection, useful if you own or lease an office space. 

• Workers’ Compensation – Required if you hire support staff or interns. 

When your work centers around trust, confidentiality, and client welfare, risk protection isn’t just smart—it’s essential. 

Only if you carry Cyber Liability Insurance or E&O with specific fraud-related endorsements: 

• Cyber liability can help with costs tied to hacked documents, compromised digital signatures, or leaked client data. 

• E&O may respond to allegations of negligence if someone claims they suffered a financial loss due to fraudulent notarization—even if you weren’t at fault. 

As identity theft risks rise, notaries need safeguards that go beyond the stamp. 

On average, notaries pay between $500-$1200 a year for protection.   

Cost can vary depending on your: 

• Location 

• Size 

• Value of Equipment and Tools 

Gild will work with you to find the right tailored coverage that fits your budget and your needs. 

It depends on your state: 

• Some states require notaries to carry E&O insurance as part of their licensing or bonding requirements. 

• Even when not required by law, E&O is strongly recommended—especially if you perform high-volume notarizations or handle real estate, legal, or financial documents. 

Notaries face unique liability risks and should consider the following types of coverage: 

• Errors & Omissions Insurance (E&O) – Covers claims if a client alleges financial loss due to a mistake, oversight, or improper notarization. 

• General Liability Insurance – Protects against physical risks like a client injury during a notarial appointment at your office or home. 

• Cyber Liability Insurance – Essential if you handle client documents electronically or store personal data online. 

A solid insurance plan keeps your notary business legally compliant—and your reputation intact.