Frequently Asked Questions
What's the difference between a notary bond and notary insurance?
Each notary public in the State of Florida is required to secure a $7,500 notary bond. The notary bond protects the public in case an error is made by the Florida notary. If a claim is filed against the notary’s bond, any monies recovered from the bond are initially paid by the surety company but must be repaid by the notary.
Notary Errors and Omissions Insurance, however, is optional insurance that protects the Florida notary in case a mistake or error is made. Just as you protect your home, car and other personal effects with insurance, you need to protect your notarial acts with Florida Notary Public Errors and Omissions Insurance. The term of the policy is the same as your Florida notary commission. Policies may be purchased at a nominal premium with various limits.
If you are a currently commissioned notary public, it’s not too late to purchase Errors and Omissions Insurance! Rates can be prorated based on the remaining length of your commission.