What is a Florida notary bond?

In order to apply for a notary commission and execute the duties of a notary public, you are required to obtain a $7,500 bond issued by a bonding agency authorized to conduct business in the state of Florida. The notary bond must be maintained throughout the entire 4-year term of office. The Florida notary bond protects the public against any financial loss due to improper conduct by a Florida notary. Keep in mind, the Florida notary bond protects the public, not the Florida notary. For protection as a notary, consider notary errors & omissions insurance.