How Much Does a $10,000 Notary Bond Cost in Texas?

A $10,000 notary bond is a mandatory requirement for all Texas notaries to protect the public from potential errors or misconduct. This guide will break down the cost of this 4-year bond, what factors influence its price, and additional considerations like filing fees and optional insurance for notaries in Texas.

How Much Does a $10,000 Notary Bond Cost in Texas?

A $10,000 Texas notary bond typically costs $50 for a 4-year term. Additionally, there is a $21 mandatory state filing fee for the Texas Notary Application, bringing the total cost to $71.

If you choose to include Errors and Omissions (E&O) Insurance, which provides additional protection for notarial mistakes or claims, the total cost will vary based on the coverage amount. Below is a breakdown of bond and E&O insurance costs:

Adding E&O insurance is optional but highly recommended for notaries who want to safeguard themselves from personal liability while providing professional services.

What is a Texas Notary Bond?

A Texas notary bond is a type of surety bond required by state law to protect the public from financial harm caused by notarial errors or misconduct. If a notary improperly notarizes a document or engages in wrongful acts, the bond ensures financial compensation for the affected parties.
This bond is a three-party agreement involving:

• The Notary: The individual providing notary services.
• The Surety Company: The entity issuing the bond and guaranteeing payment for valid claims.
• The Texas Secretary of State: The obligee ensuring compliance with state laws and regulations.

By requiring a notary bond, Texas ensures accountability and safeguards the public trust in notarial acts.

Do you need a Texas notary bond? Get one here!

Who Needs a Texas Notary Bond?

Under Texas law, a $10,000 notary bond is a mandatory requirement for anyone applying for or renewing a notary commission. This ensures that all commissioned notaries are financially accountable for their actions and protects the public from potential errors or misconduct during notarial acts.

Whether you’re a first-time applicant or renewing your commission, obtaining this bond is an essential step to comply with state regulations.

Where to Purchase a Texas Notary Bond

To comply with Texas law, you must obtain your notary bond from a licensed surety company authorized to operate within the state. Several reputable providers offer convenient online purchasing options, often with instant bond delivery via email. But we’re the best option for you in Texas

TMD Surety Bonds: Offers a $10,000 Texas notary bond for $50, with instant online purchase and electronic filing with the Texas Secretary of State.

Factors Affecting Notary Bond Cost in Texas

Several factors influence the overall cost of becoming a notary in Texas beyond the base price of the $10,000 bond.

Here’s what to consider:

• Credit Score: While the bond itself usually has a flat rate, applicants with poor credit may face higher premiums, potentially 5% to 10% of the bond amount. – This can be removed. Credit is not a factor in Texas.
• Errors and Omissions (E&O) Insurance: Adding optional E&O insurance to protect against personal liability increases the total cost. Pricing depends on coverage levels, with options typically ranging from $10,000 to $50,000.
• State Filing Fee: The Texas Secretary of State requires a $21 filing fee to process your notary commission application.
• Notary Seal: A required rubber stamp or embosser, featuring your name, commission expiration date, and “Notary Public, State of Texas,” costs approximately $15-$30.
• Record Book: A notary journal to log all notarial acts is mandatory and typically costs between $10-$25, depending on size and quality.

By factoring in these additional costs, you can better understand the total expenses associated with becoming a commissioned notary in Texas.

Notary Bond Filing Process

Filing a notary bond in Texas is a streamlined process, often completed electronically with the Texas Secretary of State. Many providers, such as TMD Surety Bonds, handle the filing for you, ensuring compliance with state requirements.

Here’s how it works:

• Purchase the Bond: Obtain your $10,000 Texas notary bond from a licensed provider like TMD Surety Bonds.
• Complete the Application: Fill out the Texas Notary Public application, either online or via the form provided by your bond issuer.
• Electronic Bond Filing: Your bond provider electronically files the bond and application with the Texas Secretary of State on your behalf.
• Pay the Filing Fee: The $21 state filing fee is typically included in the purchase price or paid directly to the Secretary of State.
• Receive Your Commission: Once processed and approved, you’ll receive your notary commission certificate.

By working with a reliable provider, you can simplify the filing process and focus on starting your duties as a Texas notary public.

Secure Your Notary Bond Fast with TMD

A $10,000 Texas notary bond costs just $50, plus a $21 state filing fee, ensuring public protection and reinforcing your commitment to ethical practices. With TMD Surety Bonds, you get fast, hassle-free service and instant electronic filing.

Ready to get started? Get Your Texas Notary Bond Today.