What is a common charge for malpractice insurance for Notaries in Hawaii?

The correct response highlights that malpractice insurance for Notaries in Hawaii generally ranges from $100 to $500 annually. This range reflects the typical costs associated with obtaining coverage that protects Notaries against potential claims of negligence or errors in the notarization process. Pricing can vary based on several factors, including the insurer, the specific coverage options chosen, any prior claims history, and the Notary's experience level.

While some options suggest that insurance may be free or fixed at a specific amount, these do not accurately represent the market reality. Each Notary's circumstances will necessitate different coverage, which is why an annual cost that ranges between $100 and $500 is more reflective of industry standards. Additionally, the variability allows Notaries to select plans that best suit their needs and risks associated with their notarization duties.