Overview
A public official bond guarantees that an elected or appointed official will perform the duties of the office honestly and account for public funds. Treasurers, tax collectors, clerks, sheriffs, judges, and similar officials commonly post one as a condition of taking office.
The required amount is set by the statute or ordinance that creates the office, and the bond term usually matches the term of office. Because the bond guarantees faithful performance, underwriting reviews the official's credit and the nature of the office.
It is a surety bond that protects the jurisdiction and the public. If the surety pays a claim, the official reimburses it under the indemnity agreement.
Who needs this bond
County clerks, treasurers, tax collectors, judges, sheriffs, and other officials required by statute or local ordinance to post a bond at the start of a term.
Typical amount and term
Bond amount set by statute, commonly 10,000 to 500,000 dollars. Premium 0.5 to 1 percent of bond amount. Term matches the term of office.
What this bond costs
Your premium is a small percentage of the bond amount, set by underwriting. The biggest drivers:
- The statutory bond amount for the office
- The official's personal credit
- The duties of the office and the funds it controls
- The term of office
| Scenario | Bond amount | Estimated premium |
|---|---|---|
| Local clerk, modest amount | $10,000 bond | around $100 per term |
| Treasurer or tax collector | $100,000 bond | around 0.5 to 1 percent per year |
| Higher statutory amount | $500,000 bond | priced as a percentage of the bond amount |
Figures are illustrative premium ranges, not quotes or statutory amounts. Your rate depends on the bond amount your obligee requires and your underwriting profile.
What you will need
- Office, jurisdiction, and statutory bond amount
- Personal credit authorization
How to apply
- Send office and statutory bond amount
- Receive a quote within one business day
- Bond signed, sealed, and filed with the obligee
How a surety bond differs from insurance
A public official bond is a surety guarantee that protects the public and the jurisdiction against an official's misconduct or failure to account for funds. It is not insurance for the official. A paid claim is recovered from the official under the indemnity agreement.
Frequently asked questions
Who needs a public official bond?
Elected and appointed officials whose office is conditioned on a bond by statute or local ordinance, such as treasurers, clerks, and tax collectors.
How is the bond amount set?
By the statute or ordinance that creates the office, so it is set by law rather than chosen by the official.
What term does the bond run?
Usually the term of office, with renewal required if the official continues to serve.
What does the premium depend on?
Mainly the bond amount and the official's credit. Larger amounts and longer terms cost more.
More additional bonds
Reviewed by the Cornerstone Surety bond team. Last reviewed 2026-06-17.