Texas law requires all Notaries to purchase and maintain a $10,000 Notary surety bond for the duration of their 4-year commission. The Notary bond protects the Texas public against any financial loss due to improper conduct by an Texas Notary. The bond is NOT insurance protection for Texas Notaries but a protection for the consumer.
Texas Notary Bond Rate for $10,000 is Only $50/4 years
A Notary bond protects the public from financial harm in the event you, the Notary, make a mistake or omission, or perform a wrongful act in notarizing a document that causes any person financial harm. By issuing a bond, the surety company guarantees that you will perform your duties as a Notary Public in accordance with the law. If you do not, the company will pay the financially injured person any damages up to the amount of the bond. Bond limits are set by each state individually.
How Much Does a Notary Bond Cost?
A notary public bond is a type of surety bond that notaries public need to purchase before they begin to notarize documents for the public. New notaries and experienced notaries alike need to purchase a notary surety bond to ensure that their clients are protected. The cost of your surety bond is based on your state. Texas Notary Bond Rates for $10,000 is Only $50 for 4 year term.
To Become or Renew a Texas Notary Public in simple step:
Complete the Application for Appointment as a Texas Notary Public Online Apply Now and you may purchase your notary stamp and error & omission Insurance ( in case you made a notarize a document by mistake) as well at the same time.
Cost to become a Notary Public Official:
State of Texas Notary Application ( $21 ) and Notary Bond ( $50 ) will all Cost $71.00 / 4 year. All you need to do is apply online and pay for your notary completed application. We’ll take care of the rest.
Notary Package Cost is $95 for a 4 year Term
• 4-year $10,000 bond for $50 and $21 Texas Application State Fees– ($71)
• Rectangular self-inking notary seal – ($16 Value)
• Texas notary public record book – ($8 Value)
Errors and Omissions Insurance:
Your notary bond protects the public, NOT the notary. But Errors and Omissions insurance will protect you against costly lawsuits. Error & Omission Insurance is underwritten by CNA Surety. Call our Agents to Apply or Print Error & Omissions Insurance application sign and mail in with your check.
• You must be age 18 or older.
• You must be a legal resident of the State of Texas. (No certain length of time is required to establish residency.)
• You must disclose a finding of guilt for any crime (other than a class C misdemeanor) from any jurisdiction regardless whether the case has been appealed. (An applicant who is currently on probation, has charges pending or on appeal, or who has been convicted of a crime of moral turpitude will be automatically denied).
Here are some of the States Notary Bond Rates and Term.