Why People Need Notary Bonds
Notary bonds are required because notaries and notaries public are entrusted with a great deal of legal authority and are appointed as witnesses who ensure signatures on important legal documents are valid. States that require notaries to be bonded do so to guarantee that notaries perform this task ethically and in adherence with the law.
So, what is a notary bond?
Notary bonds join three parties together in a legally binding contract.
- The obligee is the government agency that requires the notary bond.
- The principal is the notary that purchases the bond to guarantee obligations will be dutifully fulfilled.
- The surety is the company that financially backs the notary bond.
If a notary fails to perform his or her duties, a claim can be made against the bond by the state and/or those harmed as a result of the notary’s actions. If this claim is valid, the bond amount can be used to reimburse the harmed parties, thereby protecting both the state and consumers from financial loss.
How much do notary bonds cost?
The cost of a notary bond may vary from one state to another because each state has its own bonding requirements for notaries. However, notary bonds are some of the quickest and easiest bonds to issue because they do not require any underwriting and can be issued instantly. In most states, the cost of a notary bond without errors and omissions insurance is about $50. Information specific to your state’s notary bonding may be found by selecting your state from the table below.
Or, choose your state from the list below:
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Rhode Island
- South Carolina
- South Dakota
- Washington D.C.
- West Virginia
What we need to issue your bond
Since notary bonds are approved instantly, the amount of information required is minimal; in fact, many notary bonds simply require the notary’s name and address. In some states, additional information such as a phone number may be required as well.
Errors and Omissions Insurance
When you purchase a notary bond from SuretyBonds.com, additional errors and omissions insurance is always an option! Errors and omissions coverage protects notaries in the event that a client seeks financial compensation due to a mistake by the notary, so the decision of whether or not to include E&O coverage is always an important one.
Why buy your notary bond from SuretyBonds.com?
- Our secure online checkout process allows you to apply for and purchase your notary bond in as little as 3 minutes!
- Zero hidden fees—what you’re quoted is what you pay!
- Dedicated customer care team available to assist you Monday-Friday from 7am to 7pm CST; Get in touch at 1(800) 308-4358 or [email protected]
- Electronic delivery straight to your inbox on qualifying bonds; flexible shipping also available to get you your bond when you need it