A surety bond is a type of financial guarantee that a notary public is required to obtain and submit. This bond serves as a form of protection for the public and ensures that the notary public will fulfill their duties ethically and responsibly.
If you are applying for a notary public commission or an electronic notary public commission, you must purchase a surety bond. The amount of the bond varies from $5,000 to $30,000, depending on the types of notarizations you intend to perform.
Being a notary carries some unexpected risks such as errors, omissions, or improper notarization while performing a notarial act. Even if a mistake was not made, accusation of such could still be claimed.
Protects against lawsuits due to inadvertent mistakes or events beyond your control.
Covers the claim, legal defense fees, and court costs up to your policy's limit.
Requires NO deductible and NO repayment of losses
Provides expert legal defense