By statute, certain Virginia public officials are required to obtain a surety bond. The bond is required as a financial guarantee that such officials will act in accordance with the duties of office.
The surety bond, while required of the officeholder, protects the people of the Commonwealth; it is not an insurance policy.
Some public officials who require a surety bond include:
The Virginia public official bond will vary as to the amount of surety bond required. Police officers, for example, must furnish a $75,000 bond; however, other public employees’ amounts will vary based on statute and duties.
Despite the high surety bond amount for police officers, the public official surety bond is both low cost and involves no credit check.
As an example, a $100,000 Virginia public official bond for a judge may cost as little as $400 for an entire year; and, if prepaid for three years, may cost just over $1000.
The amount will vary depending on the size of the surety bond required and the duration of said bond.
Because the Virginia public official bond involves no credit check, completion of an application, and, once determined, submission of payment amount are all that are required to obtain bonding.
Once issued, the bond is mailed to you by the same or the following business day, depending on when the order is completed.
Options to have the bond sent overnight exist as well.
AmeriPro Surety Bonds is a surety bonds-only agency. We provide license and permit, contractor, court, and fiduciary surety bonds throughout Virginia.
Our agency also provides surety bonds nationwide.
Please call AmeriPro Surety Bonds today at:
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