Texas requires all individuals seeking licensure to become a notary to obtain a $10,000 notary bond. The purpose of the Texas notary surety bond is to protect the public from potentially fraudulent actions by the notary. Viking Bond Service is a top provider of surety bonds in Texas. Our team comprises surety bond experts with over 15 years of experience providing all types of surety bonds to our clients in Texas.
Like all types of surety bonds, a notary surety bond in Texas acts as a risk management tool. It provides a financial incentive for the notary to abide by all applicable Texas laws and regulations in the conduct of their business. It also creates a mechanism that enables anyone harmed by the fraudulent actions of the notary to receive compensation for their damages.
A notary surety bond in Texas is a legal contract between three essential parties:
If a notary's client believes fraudulent actions of a notary have damaged them, they can file a claim against the Texas notary surety bond. The surety is obligated to investigate all claims fully. If the claim has merit, the surety will pay the damages up to the total bond value. However, if the surety finds in favor of the notary, they will dismiss the claim.
The principal is financially responsible for all claims and must repay the surety for any settled claims.
Any notary who wishes to be licensed to work in Texas must obtain a Texas surety notary bond. The notary bond must remain active throughout the notary's 4-year commission term.
In Texas, to become a notary, you must be:
And in order to become licensed, you must obtain a $10,000 notary surety bond in Texas.
At Viking Bond Service, we make obtaining a surety bond a snap. Complete our online bond application, and we will get you a competitive quote for your Texas notary bond ASAP. Once you pay the premium, you'll receive your bond. You can complete the entire process in minutes.
Yes! You can obtain a Texas notary bond even if you have poor credit. We work with all our clients to get them bonded for as low a cost as possible. We also have a poor credit surety bond program to help those with rocky credit to get bonded, so that they can take charge of their finances.
The cost of any surety bond is a tiny fraction of the bond value. A 4-year, $10,000 notary surety bond in Texas typically runs 1% or lower. So, your premium will run about $100 or less. The better your credit, the lower the premium will be.
Like a good notary, Viking Bond Service is trustworthy, experienced, and masters the details. We look forward to being your surety partner. Contact us online, or call us at 1-888-2-SURETY (1-888-278-7389). We're always here when you need us.
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