Alaska public official bonds.
From $100.
The bond an Alaska public official — elected or appointed — posts to guarantee faithful performance and honest handling of public funds. The governing body sets the obligee and the amount; the premium is 0.35% of the bond amount, $100 minimum, with one soft credit pull for approval that never affects your score. Your exact price appears at the application.
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How much does an Alaska public official bond cost?
0.35% of the bond amount, from $100. Enter your amount in the calculator for the exact price.
Three steps to filed.
Your appointment or term is waiting on this bond. Here's the entire process — no broker phone tag:
Apply once, online
Your details, the obligee, the bond amount required, and the effective date. The only extra step is a one-time consent to a soft credit pull.
Approved
Most are approved as soon as you apply. One soft credit pull, never a hard inquiry, and it never affects your score. If it needs a second look, one to two business days at most.
E-sign & file with the obligee
Pay online and receive the executed bond, ready to file with the state, borough, city, or district requiring it. Wet-ink originals mailed whenever the obligee insists.
What it is and who needs it.
What the public official bond guarantees
A public official bond guarantees that an elected or appointed official will faithfully perform the duties of office and honestly account for the public money and property in their care. It is required of many officials in Alaska — by state law for some positions, and by borough, city, or district ordinance and policy for others.
Under Alaska law, an official bond must carry a corporate surety (or two individual sureties) and is approved as to form before it takes effect; for state positions the amount is set by law or by the governor on the recommendation of the commissioner of administration. For local positions, the governing body sets the obligee and the amount.
If an official misappropriates funds or fails to perform a bonded duty, the public entity can recover against the bond — and if the surety pays, the official (or their indemnitors) repays the surety. We issue the amount your governing body set, from $100; the soft credit pull never affects your score, and your exact price appears at the application.
You need this bond if you are
Claims, renewal, filing, and what sets the price.
If a claim is made
A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.
The surety investigates and pays a valid claim, up to the bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.
Renewal and term
The premium covers a one-year term from the effective date you choose.
Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.
How to file it
E-sign & file with the obligee. Pay online and receive the executed bond, ready to file with the state, borough, city, or district requiring it. Wet-ink originals mailed whenever the obligee insists.
What sets the price
The premium is 0.35% of the bond amount, $100 minimum: the amount the obligee sets moves the price, not your business profile.
One soft credit pull, never a hard inquiry, and it never affects your score.
Where a check runs, it decides approval; the rate is the same for everyone approved.
One application, issued instantly.
These are the actual underwriting fields, including the obligee, the amount, and a one-time consent to a soft credit pull. Submit once and the bond is issued when you pay.
Start the application →Common questions.
Other Alaska bonds.
The same bond in nearby states.
Price and requirements checked on the carrier’s application, . Page updated .
Your office is waiting on one document.
From $100, soft pull only. Enter the amount your governing body set and file the same day. Free until issued.