Indiana public official bonds.
From $100.
Indiana requires many public officers — clerk-treasurers, auditors, recorders, sheriffs, township trustees and more — to file a faithful-performance bond on State Form SB-1 under IC 5-4-1. The amount is set by statute to the office; the premium is 0.35% of the bond amount, $100 minimum, and a soft credit check may apply for approval.
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How much does an Indiana 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.
Enter your amount, give a one-time consent to a soft credit pull, and file with the recording office. Here is the whole thing:
Apply once, online
Your details, the office you hold, the bond amount your office requires, and the effective date — plus a one-time consent to a soft credit pull.
Approved
Most are approved as soon as you apply. The soft pull never affects your score. If it needs a second look, one to two business days at most.
File on State Form SB-1
Receive the executed bond on State Form SB-1, ready to file and record with the proper office (county recorder, clerk, or state) before you take office.
What it is and who needs it.
What the public official bond guarantees
Indiana conditions many public offices on a faithful-performance bond under IC 5-4-1, filed on the State Board of Accounts’ State Form SB-1. It guarantees the officer will faithfully perform the duties of the office and honestly account for the public money and property in their care.
The penal sum is set by statute to the office. For treasurers and clerk-treasurers it is generally $30,000 for each $1,000,000 of receipts in the last fiscal year, with a $30,000 minimum and $300,000 maximum unless a greater amount is approved. Many other officers — city/town judges, city clerks — carry a $15,000 minimum, and bonded employees often $5,000.
It is not insurance for the officer — if the surety pays a claim for misused public funds, the officer (or office) repays the surety. We issue whatever penal sum your office requires; pricing starts from $100, and a soft credit check may apply that never affects your score.
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
File on State Form SB-1. Receive the executed bond on State Form SB-1, ready to file and record with the proper office (county recorder, clerk, or state) before you take office.
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 a one-time consent to a soft credit pull. Submit once and your bond is typically issued the same day, on State Form SB-1.
Start the application →Common questions.
Other Indiana bonds.
The same bond in nearby states.
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Public official bond, issued today.
Pricing from $100, soft pull only. Enter the amount your office requires and file on State Form SB-1.