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Notary Bonds

Protecting the Public and Ensuring Notary Accountability

A Notary Bond is a type of surety bond designed to protect the public from financial losses caused by errors, negligence, or misconduct by a Notary Public. If a notary fails to follow legal procedures, whether unintentionally or fraudulently, an affected party can file a claim. While the surety company may compensate the injured party, the notary is ultimately responsible for reimbursing the surety.

How Notary Bonds Work

A Notary Bond involves three key parties:

  • Principal – The Notary Public who must obtain the bond.
  • Obligee – The government agency requiring the bond as part of the notary licensing process.
  • Surety – The company that issues the bond and guarantees payment for valid claims.

Unlike traditional insurance, a Notary Bond does not protect the notary—it safeguards the public. If a notary makes an error or commits fraud, an injured party can file a claim. If the claim is validated, the surety company may cover the financial damages, but the notary is legally required to repay the surety for any paid claims.

Why Are Notary Bonds Required?

Notary Bonds ensure that Notaries Public uphold their legal responsibilities and protect the public from potential losses due to mistakes or misconduct. These bonds serve as a safeguard in transactions where notarization is critical, such as:

  • Real estate transactions
  • Legal affidavits and sworn statements
  • Power of attorney documents
  • Loan and financial agreements

Without a Notary Bond, individuals affected by a notary's negligence or fraud would have limited options for financial recovery.

Secure Your Notary Bond with Prime Insurance Services

At Prime Insurance Services, we provide affordable and reliable Notary Bonds to ensure compliance with state regulations and public protection. Contact us today to obtain your Notary Bond quickly and easily.

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Prime Insurance Services

3440 Toringdon Way, Suite 205
Office 254, Charlotte NC 28277

980-297-9827

info@primeinsurancellc.com

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