Flat Rate & No Credit Check

Bond Amount Required

Bond Term

Annual Premium

$50,000

$500

Illinois public adjusters must demonstrate financial responsibility before a license is issued and throughout the duration of the license. A qualifying surety bond must be in the minimum amount of $50,000 and comply with the requirements of the Illinois Insurance Code.

Cost of the Illinois Public Adjuster Bond

NNA Surety has secured the required $50,000 Illinois Public Adjuster Bond for Business or Individual bond at $500 for a one-year term. No credit check is required. Complete this form to secure this bond.

How the Illinois Public Adjuster Bond Works

The bond provides evidence of financial responsibility and is issued in favor of the State of Illinois. It specifically authorizes recovery by the Director on behalf of a person in Illinois who sustains damages because of covered erroneous acts, failure to act, fraud, or unfair practices committed in the public adjuster's professional capacity.

Principal: Illinois public adjuster applicant or licensee

Obligee: State of Illinois / Illinois Department of Insurance

Surety: Insurer authorized to issue surety bonds in Illinois

Learn about the surety bond claim process for general information about surety claims and principal reimbursement obligations.

Bond Cancellation and Continuous Coverage

The public adjuster must maintain evidence of financial responsibility for the duration of the license. The bond cannot be terminated unless at least 30 days' prior written notice is filed with the Director and provided to the licensee. If the evidence of financial responsibility terminates or becomes impaired, the authority to act as a public adjuster automatically terminates.

How to Get the Illinois Public Adjuster Bond

1. Complete the online bond application.

2. Purchase the required $50,000 bond for the one-year product term.

3. Complete any required bond execution and licensing information.

4. Submit evidence of financial responsibility as required by the Illinois Department of Insurance.

5. Maintain qualifying coverage for the duration of the public adjuster license.

Review 215 ILCS 5/1560 for the statutory bond and financial-responsibility requirements.