What is a Notary Bond and why is it required?
A notary bond in the amount of $7,500 is required by law in Florida. A bond is required by the State to be available in order to compensate an individual harmed as a result of a breach of duty by the notary. In other words, the bond protects a notary’s client (not the notary). A notary’s bond is their promise to fulfill the law or pay. If a notary can’t do either, their bonding company may have to but will then pursue the notary until it gets reimbursed for all losses, costs, and expenses. Your notary bond is automatically included with your new or renewal notary commission package at Florida Notary Service.com. The bonding agency for Florida Notary Service.com is American Safety Council, Inc., Insurance Division. All notary bonds are written through Travelers Casualty and Surety Company of America. For insurance that protects you, see E & O Insurance below.
