What is a Peace Officer bond?
A Texas Peace Officer Bond is a type of surety bond that is legally required for any person who is employed as a licensed peace officer in the state of Texas. It is frequently referred to as an “official bond” because it provides financial protection to the citizens and state agencies of Texas in cases when they are subject to certain types of damages or losses due to law enforcement negligence, malfeasance, or criminal misbehavior by a peace officer.
The bond also ensures that all duties, as outlined in the governing documents that cover peace officer responsibilities, are fulfilled according to best industry practices and standards. This helps to promote accountability in enforcement processes while providing legal security and peace of mind for those involved.
Who needs to purchase a peace officer bond?
In Texas, individuals who are employed as peace officers (and will be carrying a weapon while in the course of duty) must purchase a peace officer bond. According to Texas Education Code Section 37.081, this law applies to campus police officers, school district police officers, special investigators for an institution of higher education, and any other individual whose primary responsibility is to act in a law enforcement role on behalf of an educational institution.
Pricing & Terms
Surety bond costs are a percentage of the full bond amount, which is usually determined by your personal credit. Providing industry experience, strong personal credit, and business/personal financials will help lower your bond rate. Reach out for a quote today.
Obtaining a peace officer bond in Texas may seem intimidating, but anyone familiar with the state will know that navigating it is not too difficult. Without being adequately bonded, peace officers cannot practice their profession within the Lone Star State. That’s why it’s important to understand the requirements of obtaining one. Texas Education Code Section 37.081 sets forth that a $1,000 bond should be posted. Once you have done so, you will officially be bonded and able to practice as a peace officer throughout the great state of Texas!
Obtaining a peace officer bond in Texas may seem intimidating, but anyone familiar with the state will know that navigating it is not too difficult. Without being adequately bonded, peace officers cannot practice their profession within the Lone Star State. That’s why it’s important to understand the requirements of obtaining one. Texas Education Code Section 37.081 sets forth that a $1,000 bond should be posted. Once you have done so, you will officially be bonded and able to practice as a peace officer throughout the great state of Texas!
At TMD, our goal is to simplify the process of providing surety bonds and make it stress-free.
The Peace Officer Bond is instantly approved and costs just $100.
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Bond Purchase Process
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Frequently Asked Questions
There are hundreds of different bonds for all kinds of purposes—but regardless the industry or project—they all operate essentially the same way. A surety bond guarantees that you will operate professionally and if you break the rules, a claim can be made on your bond which you’re responsible to pay.
It’s a guarantee that you will complete the work and fulfill your contractual obligations. Think of it as insurance for the public, not your business.
For most bonds, you can get instantly approved and print bonds at your home or office. However, we do not offer instant approvals for a select number of bonds, as the underwriting process generally involves a more extensive review of the applicant.
The entity requiring the bond (the obligee) will determine whether a bond is required. Bond requirements vary greatly by your occupation and location. However, fidelity bonds are insurance and are usually optional to obtain.
For the most part, yes. Bad credit can increase rates for license and permit bonds and most can also get approved for fidelity bonds regardless of credit. For contract bonds, larger contractors with poor credit can be approved with strong CPA-prepared business financials.
Looking to Get Started or Have Questions?
The bonding process can be confusing and cumbersome. Our surety bond experts are standing by and ready to answer any questions. Let’s get you bonded today!