Suppose you are a notary or looking to become a notary, and you live in Nevada or any other state that requires you to get notary surety bonds.
In this case, you are probably wondering how to get a notary surety bond.
The answer is simple: You can purchase a notary bond at a bonding and insurance company that offers surety bond coverage.
31 states and the District of Columbia require their notaries to purchase notary bonds.
Check to see if your state requires this coverage here.
If you live in Nevada or Tennessee, then your state applies. Call us today at our Las Vegas line: (702) 850-7711 or our Memphis line: (901) 306-8100 to get started.
How much you pay for notary bonds differs from state to state.
Continue reading to learn more or contact All n One Insurance to inquire about notary surety bond coverage today.
What Is A Notary Bond?
A notary bond is not insurance.
Rather, notary bonds are required by many states to protect the public from notaries whose misconduct leads to financial harm.
Please note, however, that notary bonds do not cover notaries personally.
If a notary wants to purchase coverage for themselves, then there is Errors and Omissions (E&O) insurance, which is available as an addition.
This type of coverage protects notaries from unintentional errors they might make or if a false claim is filed against them.
If you are a notary or plan on becoming one, you will want to protect yourself with Errors and Omissions (E&O) insurance.
Many insurance and bond agencies offer Errors and Omissions insurance along with notary surety bonds.
Once you, as the notary, obtain coverage, you are required to file your bond with the county clerk. You’ll want to contact your county clerk’s office for more information.
What Is A Notary?
When looking at how to get a notary surety bond, you might be asking, what is a notary?
A notary is a person who works in an official capacity for the state in which he or she lives.
Their role is to approve important documents and also act in the best interest of the people of their state.
Given the role that notaries play, they are not allowed to notarize their own signature or seal a family member’s documentation.
Likewise, notaries must ensure that no fraudulent signatures are added to important documents. Photo identification is a given.
What Are The Requirements For Becoming A Notary?
If you are interested in becoming a notary, you are probably asking, what are the steps that need to be taken?
First, you must be at least 18 years of age and have no criminal record.
Second, you must fill out your application and send it to the secretary of state. This will cost you $35.
Third, according to state law in Nevada, you must file a notary surety bond with the state.
Note: Depending on where you live, you may also need to attend a notary training course.
Regarding the third step, you might be asking, “How to get a notary surety bond?”
All you have to do is call us today to get started.
How Much Does A Notary Bond Cost?
The state of Nevada requires notaries to get a $10,000 notary bond for their four-year term.
The bond itself is not expensive despite the substantial amount of coverage.
The National Notary Association lists the cost for a notary bond at $40.
If you wish to purchase a bond with a higher amount of coverage, then naturally, the price is subject to change.
Additionally, if you add Errors and Omissions insurance to your notary bond, your price will increase.
What Is A Notary Stamp?
A notary stamp is the same thing as a notary seal.
It is the official mark of approval that notaries use to notarize a document.
Further Reading: An In-depth Look At Notary Bonds
For a more in-depth look at notary bonds, check out our article on the subject.