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Blazars are relativistic magnetized plasma outflows from supermassive black holes that point very close to our line of sight. Their emission is nonthermal-dominated and highly variable across the entire electromagnetic spectrum. Relativistic magnetic reconnection has been proposed as the driver of particle acceleration during blazar flares. While recent particle-in-cell (PIC) simulations have self-consistently studied the evolution of magnetic reconnection and particle acceleration therein, the resulting radiation signatures have not been systematically explored. In particular, the polarization signatures, which directly reflect the characteristic strongly dynamical evolution of magnetic field during reconnection, have not been carefully investigated. In this paper, we present a systematic study of radiation and polarization signatures arising from magnetic reconnection in blazars, based on combined PIC and polarized radiation transfer simulations with various physical parameters. We identify a harder-when-brighter trend in the spectral evolution. Moreover, higher-frequency bands (ultraviolet to X-ray) tend to flare earlier than lower-frequency bands (infrared to optical) in the synchrotron spectral component. Most importantly, polarization signatures appear more variable with higher frequencies. We find that the variation in temporal polarization depends strongly on the guide field strength. Specifically, reconnection with a significant guide field component leads to a very high polarization degree that contradicts typical blazar observations, while large polarization angle rotations are unique signatures of magnetic reconnection between nearly antiparallel magnetic field lines. These rotations are at least 90° and can extend to >180°, and they may be in either direction. These results imply that blazars that have shown large polarization angle rotations intrinsically have more nearly antiparallel magnetic field morphology. [ABSTRACT FROM AUTHOR]