If you’re a notary public in California, you’ve probably heard you need to get a bond. It’s true! Every notary public must file a $ 15k bond with the County Clerks.
We know what you’re thinking: Ugh, another fee! But don’t worry—the bond fee is much lower than the $15,000 it seems like at first glance. In fact, most people pay less than $50 for it! Yes a 15k bond at a bond rate of $50!
A notary public bond is not an insurance policy for the notary public. The bond is designed only to provide a limited source of funds for paying claims against the notary public. The notary public remains personally liable to the full extent of any damages suffered. Lastly, you may be required to reimburse the bonding company for amounts paid by the company for notary misconduct or negligence.
What is the bond cost?
Typically ranging from $38-$50 in the bond amount of $15,000
Who does the bond protect?
The bond protects the public from notary misconduct.
What are the requirements?
Bonding requirements are based on state law for notaries you must file this type of bond with your county clerks.
Does bond work off of personal credit?
Our Surety company will not do a personal credit check. No credit score needed.
When does my surety bond expire?
Surety bonds have expiration dates listed. Notary 15k Surety bonds typically last four years.
How do I file my surety bond?
Learn how with our oath of office and surety bond article.
What if I don’t file it right?
Learn what happens with our I did not file my oath and bond on time, what do I do? Article here.
In the ending, this bond is designed to give you peace of mind and provide you with a financial cushion to handle possible mistakes as a notary. This is why most states require a notary public to maintain this bond.
Author: Notary Public Class
Notary Public Class is the leading notary school in the state of California. Whether you are looking to become a Notary or to renew your current commission as a California Notary Public, Notary Public Class is the go-to option. We have the best courses and study materials that are state-approved and that will thoroughly prepare you to pass the State Notary Public Exam on your first attempt. We have an impeccable reputation as the best notary trainers in the field, and our enviable track record of high passing rates coupled with our high sense of professionalism is what makes us the first call for new and renewing notaries all over California. Our Notary Public materials are designed by notary experts to simulate reality and ensure that all our applicants are well acquainted with real-life instances that will require them to perform their notary duties. A Notary Public Class, our goal is to provide our students with all the help they need to achieve their dream of becoming a notary public or renewing as a notary public.