The California notary public bond serves as a form of financial protection for the public. It is a guarantee that the notary public will fulfill their duties in accordance with the law and will not engage in any fraudulent or unethical activities. If a notary public violates their legal obligations and causes financial harm to a client, the bond can provide compensation to the affected party.
In California, the notary public bond is required by the California Secretary of State as part of the notary public application process. The bond must be obtained from a licensed surety bond company, and its purpose is to ensure the integrity and professionalism of notaries public in the state. The bond amount in California is currently set at $15,000.
Bond is not an Insurance:
It’s important to note that the notary public bond is not insurance for the notary public, but rather a form of protection for the public. If a claim is made against the bond due to the notary’s actions, the surety bond company may investigate the claim and provide compensation up to the bond amount if the claim is found to be valid.
California Notary Bond a Protection for the Public:
In order to provide some protection to the public, California law requires every notary public to file an official bond in the amount of $15,000. It is important to note that the notary public bond is not an insurance policy for the notary public. It is designed only to provide a limited fund for paying claims against the notary public. The notary public remains personally liable to the full extent of the damage sustained and may be required to reimburse the bonding company for sums paid by the company because of misconduct or negligence of the notary public. (Government Code sections 8212 to 8214).
Cost of 4 year Notary Bond:
A Notary Public bond is fairly easy to get, and rates are as low as $50 for 4-year term.
Get a free no obligation Notary Public Bond quote in minutes call us today (562) 916-3214. Complete and fax us the above application to (562) 461-2649 or email it to email@example.com
SER Insurance Agency has been providing best rates on Low-Cost Surety Bonds and Low-Cost Fidelity Bonds in California. For Cheap rates on Notary Public Bond near Anaheim, Artesia, Bellflower, Bell, Bell Gardens, Buena Park, Carson, Compton, Cerritos, Cudahy, Cypress, Downey, Lynwood, Lawndale, Lakewood, Hawaiian Gardens, Hawthorne, Hemet, Garden Grove, Paramount, Pico Rivera, Santa Fe Springs, Santee, South Gate, San Jacinto, Laguna Beach, Laguna Hills, Torrance, San Diego, Long Beach, Signal Hills, Sacramento, San Francisco, Chico, Santa Ana, Los Angeles, Redding, Oakland, San Jose, Bakersfield call us today (562) 916-3214.