Notary Public Bonds

At Surety Bonds Agent, we offer a full range of surety bonds nationwide through an extended carrier network. Learn about notary public bonds below, and request a quote today. If you have additional questions or want to explore additional bonding solutions for your business, speak with one of our knowledgeable surety bond experts.

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FREE NOTARY PUBLIC BOND QUOTE

What Are Notary Public Bonds?

Notary public bonds are categorized as a type of license and permit surety bond, because obtaining one is a requirement for commissioning as a notary public. They serve to:

  • Guarantee that notaries public perform their notarial duties in accordance with the law and the standards of the profession
  • Provide financial protection for the state and members of the public
  • Provide a source of funds for compensating those financially harmed by the unlawful or unethical actions of the bonded notaries

Above all, these bonds help ensure the integrity of the profession, which plays a crucial role in preventing fraud.

Who Needs Them?

In 30 states and the District of Columbia, anyone applying for a notary public commission is required to purchase a notary public bond. The required amount (the bond’s “penal sum”), varies by state, ranging from $5,000 to $25,000

The duration or term of the bond must match that of the commission. There must be a valid bond in force at all times to prevent revocation of the commission. The bond must be renewed or replaced when an expiring commission is renewed.

A notary public bond does not provide any protection for the notary, and the damages resulting from notarial negligence or malfeasance can be quite large. Therefore, it’s common for notaries to purchase errors and omissions insurance for their own protection in addition to the required bond.

How Do They Work?

In the language of surety bonds, the state agency or other entity that issues notary public commissions and requires the purchase of notary public bonds is referred to as the “obligee.” The obligee establishes the bond’s penal sum as well as the terms and conditions the notary (the bond’s “principal”) must abide by to avoid claims against the bond. If a violation occurs, any injured party can file a claim against the bond and be compensated up to the bond’s penal sum.

If the surety bond company (the “surety” for short) determines that a claim for damages is valid, the surety normally pays it on behalf of the principal. This is essentially an extension of credit, which creates a debt that the principal must then repay to the surety.

What Do They Cost?

In most states, notary public bonds are not subject to underwriting. Rather, they are sold for a small flat fee that covers the entire term of the bond. The simplest way to find out what a bond will cost you is to request a free quote!

At Surety Bonds Agent, we offer a full range of surety bonds nationwide through an extended carrier network. Learn about notary public bonds below, and request a quote today. If you have additional questions or want to explore additional bonding solutions for your business, speak with one of our knowledgeable surety bond experts.

CONTACT US FOR A

FREE NOTARY PUBLIC BOND QUOTE

What Are Notary Public Bonds?

Notary public bonds are categorized as a type of license and permit surety bond, because obtaining one is a requirement for commissioning as a notary public. They serve to:

  • Guarantee that notaries public perform their notarial duties in accordance with the law and the standards of the profession
  • Provide financial protection for the state and members of the public
  • Provide a source of funds for compensating those financially harmed by the unlawful or unethical actions of the bonded notaries

Above all, these bonds help ensure the integrity of the profession, which plays a crucial role in preventing fraud.

In 30 states and the District of Columbia, anyone applying for a notary public commission is required to purchase a notary public bond. The required amount (the bond’s “penal sum”), varies by state, ranging from $5,000 to $25,000

The duration or term of the bond must match that of the commission. There must be a valid bond in force at all times to prevent revocation of the commission. The bond must be renewed or replaced when an expiring commission is renewed.

A notary public bond does not provide any protection for the notary, and the damages resulting from notarial negligence or malfeasance can be quite large. Therefore, it’s common for notaries to purchase errors and omissions insurance for their own protection in addition to the required bond.

In the language of surety bonds, the state agency or other entity that issues notary public commissions and requires the purchase of notary public bonds is referred to as the “obligee.” The obligee establishes the bond’s penal sum as well as the terms and conditions the notary (the bond’s “principal”) must abide by to avoid claims against the bond. If a violation occurs, any injured party can file a claim against the bond and be compensated up to the bond’s penal sum.

If the surety bond company (the “surety” for short) determines that a claim for damages is valid, the surety normally pays it on behalf of the principal. This is essentially an extension of credit, which creates a debt that the principal must then repay to the surety.

In most states, notary public bonds are not subject to underwriting. Rather, they are sold for a small flat fee that covers the entire term of the bond. The simplest way to find out what a bond will cost you is to request a free quote!

REQUEST A QUOTE

Request a quote online or call today to speak with one of our surety bond experts about obtaining a notary public bond in order to obtain or renew a notary public commission.