Aaron Notary Appointment Services Inc., as part of our continuing efforts to provide you with the best information and service. We present you the best example of why is important to have Errors & Omissions Insurance Coverage: A friend of Marie (Notary Public) by the name Susan and Susan’s father Roy came to Marie’s office to get some papers notarized. Marie personally knew both Susan and Roy and notarized a number of documents for them. Later that day, Susan returned with another document they had forgotten. The document was signed by Roy and needed to be notarized. Susan explained that Roy could not leave work and asked Marie to notarize the signature even though Roy was not present. Marie did so. Should Marie have notarized Roy’s signature? NO! Now, for the rest of the story . . . The document was a deed transferring ownership of Roy’s home to Susan. Roy did not sign the document — Susan forged his signature. Using the deed as security, Susan obtained a loan for $27,900. Susan never made any payments, and the bank began foreclosure proceedings on the property. Roy filed a lawsuit against the bank for relying upon a fraudulent deed. The bank filed a lawsuit against Marie for her illegal notarization. The bank lost their claim to the property and Roy got his property back. But, the Court awarded the bank a judgment against Marie for $27,900. Additionally, Marie’s bonding company paid out the entire amount of her bond ($7,500) to the bank, which she was required to repay. By doing a favor for a friend, the notary was held liable for her improper notarization and had to pay back almost $30,000!.