California Public Official Bond
Bond Requirements & Set Rates
| Bond Amount Required | Annual Premium |
| Varies | Varies |
Individuals appointed or elected to serve in a public office in California may be required to obtain a public official surety bond as part of their duties. Required by the appropriate state agency, court, or government entity, the California public official bond ensures officials faithfully perform their duties and protects against financial loss caused by the official’s failure to handle public funds or responsibilities.
Cost of a California Public Official Bond
The cost of a California public official bond is typically a small percentage of the bond amount, which varies based on the type of public office you’re swearing into and your credit profile.
How the California Public Official Bond Works
A California public official bond serves as a financial guarantee public officials will carry out their responsibilities ethically and in accordance with state and local laws.
The public official bond involves three parties:
- Principal: Public official
- Obligee: Government entity
- Surety: Bonding company
If a public official fails to perform their duties properly or engages in misconduct, an affected party may file a claim against the bond. The surety company will review the claim and, if valid, compensate the harmed party up to the bond amount. The bonded official is then responsible for reimbursing the surety for any paid claims.
How to Get a California Public Official Bond
NNA Surety makes it easy to secure a public official bond. Follow these steps:
- Complete this application.
- Receive an instant quote.
- Pay the premium to activate coverage.
- File your bond with the required government office.
Get Your California Public Official Bond Today
Stay compliant with the California public official bond from a trusted provider. NNA Surety makes it easy to apply, get approved, and secure your bond quickly. Complete this form to get started or call 855-737-0193 for more information.