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Before a notary public is officially appointed by the governing body or is able to renew their license, most states require a Notary Bond as a requisite in the application and renewal process. Although each state commissions its own notaries public, there are similarities in the Notary Bond application process; Notaries submit their application to state-licensed entity. With over 30 years of experience, our team of professionals are prepared provide exceptional service. American Surety Bonds Agency, LLC provides simplified and fast underwriting for Notary Bonds in all states.
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What is a Notary Bond?
A Notary Bond is a legal instrument between the oblige (state), the principal (notary), and the guarantor (the surety) that ensures or guarantees the faithful performance of the notary’s duties. A Notary Bond must be filed with the Secretary of State prior to the appointment of a notary public. Without the bond, notaries will not receive a license or be allowed to operate business in their state.
Notaries have a high level of trust and authority, as their main functions are to administer oaths and statutory declarations as well as witness and authenticate documents. Because notaries handle sensitive information and could harm the privacy or property of the public, the notary bond requirement was established to ensure the protection of the public if the official unknowingly makes a mistake or intentionally acts in misconduct. Ultimately, the Notary bond guarantees that the notary will not participate in any fraudulent acts, or purposeful wrongdoing. In the case there is negligence the surety is the party who guarantees the Notary’s faithful performance and assumes responsibility for the amount of the bond; the notary will then have to reimburse the surety.
The bond remains in effect for the notary’s full commission term. Notary Bond amounts and effective dates vary by state. download application.
What are the underwriting guidelines?
American Surety Bonds specializes in providing Notary Public Bonds. Our surety bonding professionals have the resources available to get started on your Notary Bond today. Notary Bonds are underwritten on the following criteria:
- Bond Amount
- Obligee Obligation
How much does the bond cost?
American Surety Bonds Agency provides Notary Bonds at the rate of $100 for the term. The program is available for applicants of all credit backgrounds. Contact us, and get your bond today!
How do I apply for a Notary Bond?
To apply for a Notary Bond, simply complete the bond application online. Click here to download application our application and e-mail, fax or mail your application back to us to get started. Or, give us a call and we will be happy to write your notary bond today.
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Who can I contact for more information?
MM, Senior Underwriter