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Notary Bonds in Arizona

Viking Bond Service is a leading bonding agency that helps businesses and individuals secure surety bonds in Arizona and throughout the US. We've developed a quick and easy notary bond application process that helps you get the bond you need when you need it. With over 20 years of experience in the bonding industry, we have the knowledge and expertise needed to help you find an Arizona notary bond at an affordable price. The team of licensed agents at Viking Bond Service can help you secure a bond in just a few simple steps. Use our online application or call us today to get started.

What is a Notary Bond?

A notary bond is a type of surety bond that notaries are required to maintain in order to provide notary services in Arizona. A surety bond is a contract between three parties, and although it's often confused with insurance, it works more like a form of credit. The parties named in a surety bond contract include:

• The principal – the notary
• The obligee – the party that requires the bond (the state)
• The surety – the issuer of the bond

A notary bond acts as a form of guarantee that the notary will follow all state rules and regulations. If the notary fails to comply with regulations the state can make a claim against the bond. The surety will pay approved claims but then the notary will be required to reimburse the surety for all expenses. A surety bond does not protect the notary, but the Arizona public served by the notary.

How Does an Arizona Notary Bond Work?

Notary bonds in Arizona and all other surety bond types are designed to make the bondholder (the principal) accountable for illegal or unethical misconduct. Arizona surety bonds enforce accountability by making the principal financially liable for any damages their misconduct causes.

Anyone who suffers losses may file a claim against the Arizona notary bond seeking compensation equal to the damages. The surety company that underwrites the bond will then launch an investigation. Despite the implication, this process is done objectively. The surety uses whatever resources necessary to prove or disprove the details of the claim. The principal, under the terms of the surety bond agreement, will need to pay for all valid claims in full.

In some instances, the principal cannot or will not pay for a valid claim, in which case the surety, under the terms of the surety bond agreement, guarantees the claimant (the obligee) a full settlement. The principal is obligated to repay the surety. They will lose bond coverage if they do not repay the debt, and lack of coverage makes it illegal to continue providing notary services.

That's why it's important to avoid claims, settle claims quickly, and remain on good terms with the bond company.

Who Needs an Arizona Notary Bond?

Every notary working in Arizona needs one of these bonds. They will need to get one before they provide their first notary services, and they will need to keep a bond active and in good standing for as long as they continue providing notary services. Notaries will need to submit proof of having a bond with their license application, including all renewals. Since it is impossible to serve as a notary without meeting surety bond requirements, and since bonding problems could put a career as a notary on pause or in jeopardy, it's important to have the right bond partner from the start – rely on Viking Bond Service to be that partner.

How to Get an Arizona Notary Bond

Choosing an experienced bonding company is the first step in finding a notary bond in Arizona. Working with a knowledgeable agent will make the bond application process easy and stress-free. Viking Bond Service has created a simple notary application process, which can be completed online or via contact with one of our agents. Notary applications are quick and easy to complete, and quotes can be obtained in as little as a few minutes. To secure a bond you simply need to complete an application, get approved, and then pay the premium in full.

The Cost of Arizona Notary Bonds

The cost of a surety bond is based on how risky it is for the surety to issue the bond. For notary bonds, the risk is considered low, which makes the cost of a notary bond in Arizona very affordable. The bond amount also plays a large role in determining the cost of the bond, and each state defines its own rules regarding the amount of notary bond each notary is required to have. Notaries in Arizona must maintain a $5,000 Arizona notary bond to meet state requirements. Bonds are issued for four-year terms and must be renewed when the term is coming to an end.

Arizona Notary Bonds by Viking Bond Service

To find out just how affordable notary bonds in Arizona are, complete the application to get your Notary bond quickly. You can also call us at 1-888-2-SURETY (1-888-278-7389) or contact us online.