Who needs Public Official Bonds?

Public official bonds are required for certain elected or appointed public officials as a condition of holding office or performing official duties. They’re commonly required for roles such as judges, sheriffs, tax collectors, and court clerks.

This bond is meant to protect the public and the government agency requiring the bond if an official causes financial harm through misconduct, negligence, or failure to carry out required responsibilities. It helps ensure the official performs their duties honestly, faithfully, and in compliance with applicable rules and requirements.

How much do Public Official Bonds cost?

The cost is based on a small percentage of the bond amount set by the government agency. Public official bond premiums commonly fall in the range of 0.5% to 5% of the bond amount, depending on factors like the position, the bond amount, and underwriting requirements.

Many public official bonds do not require a credit check, which can make them more accessible and affordable for most applicants.

How do I get a Public Official Bond?

Start by confirming the exact bond requirement from your appointment or licensing paperwork, including the bond name and the required bond amount. The bond amount is set by the government agency, and the bonding company issues the bond based on that requirement.

Once issued, you’ll receive the bond to file with the agency that requires it, following their instructions for signing and submission.

Can I get a Public Official Bond with bad credit?

Often, yes. Many public official bonds do not require a credit check, so credit issues may not affect the price in those cases. If a credit check is required for your specific bond, credit history can impact the rate, but options may still be available depending on the situation.

How fast can I get Public Official Bonds?

Timing depends on the specific bond requirement and whether underwriting or additional information is needed. Many public official bonds can be issued quickly once the required details are confirmed and the application is complete.

If you’re unsure which bond you need, BOSS Bonds can review your licensing paperwork and help identify the correct bond at no cost.