Almost every new notary asks the same question. Do I need a notary bond, E&O insurance, or both? They sound alike, but they do two different jobs. Here is the simple breakdown.

The notary bond protects the public

Most states require a notary bond before you can start. The bond protects the people you notarize for. If you make a mistake that costs someone money, the bond pays them, up to the bond amount. Then you repay the bond company. The bond is for the public, not for you.

E&O insurance protects you

Errors and omissions insurance, called E&O, is the opposite. It protects you. If you make an honest mistake and get blamed, E&O can pay your legal costs and any claim, and you do not pay it back. E&O is usually optional, but many notaries buy it for peace of mind.

Why the confusion

Both come up when you get commissioned, and both involve mistakes. The key difference is who gets protected. The bond protects others and you repay claims. E&O protects you and you do not repay claims.

So which do you need

You need the bond if your state requires it, and most do. You may want E&O on top, especially if you notarize often or handle important documents. Think of the bond as required and the E&O as a smart shield for yourself.

At Junno Surety, a notary bond starts at just 50 dollars and we can issue it the same day. Tell us your state, and we will get you bonded fast so you can start notarizing.

Related guide: Read the Notary Public Bond guide.