Virginia Public Adjuster Bond
Insurance professionals responsible for investigating insurance losses, preparing and submitting claim documentation, and negotiating fair settlements with insurers on behalf of clients must get a surety bond for licensure.
Required by the Virginia Bureau of Insurance, the Virginia public adjuster bond protects consumers from financial loss caused by fraud, misrepresentation, or unethical conduct.
Cost of a Virginia Public Adjuster Bond
The cost of the Virginia public adjuster bond is only $500 with NNA Surety.
| Bond Amount | Annual Premium |
| $50,000 | $500 |
Why You Need a Virginia Public Adjuster Bond
A Virginia public adjuster bond is a financial guarantee required under Virginia insurance statutes regulating public adjusters.
How the bond works and who is involved:
- Principal: The licensed public adjuster (you)
- Obligee: Virginia Bureau of Insurance
- Surety: The bond provider
A claim may be filed against the bond if a consumer or the state experiences financial harm due to unlawful or unethical actions. The surety investigates the claim and, if valid, compensates the injured party up to the bond amount. The public adjuster is then legally obligated to reimburse the surety for any paid claims.
How to Get a Virginia Public Adjuster Bond
Getting bonded is fast and simple with NNA Surety. Follow these steps:
- Complete the short online application.
- Pay the $500 annual premium.
- Receive your bond to file with the Virginia Bureau of Insurance.
Get Your Virginia Public Adjuster Bond
Meet Virginia’s licensing requirements for public adjusters today with NNA Surety. For more information, call our surety experts at 855-457-2196.