Public Adjuster Surety Bonds

What is a public adjuster surety bond?

A public adjuster is an insurance claims professional who acts on behalf of the policyholder to research and negotiate claims with the insurance company. To operate as an insurance adjuster, a public adjuster bond (also known as an insurance adjuster bond) is required by licensing authorities in certain states.

Why do I need a public adjuster bond?

If your business negotiates insurance claims for your customers, many states will require you to maintain a public adjuster bond as part of their licensing requirements.

Licensing authorities require that certain professions maintain a minimum amount of financial standing in the event of insolvency. Insurance companies offer surety bonds to licensed professionals as a simple way to meet the state financial liability requirements for licensure.

Get Your Public Adjuster Surety Bond

GET STARTED

How much does a public adjuster surety bond cost?

Your surety bond premium can range from 1% to 3% of the full bond amount if your financial health is good. In California, you can get a $20,000 insurance adjuster bond for a premium of $100 annually, depending on your qualifying credit history.

Cost of Public Adjuster Surety Bonds
State Bond Amount Cost* (Annual Premium)
California $20,000 $100
Delaware $20,000 $140
Florida $50,000 $500
Georgia $5,000 $100

See the bond price in your state

California

Bond Amount

$20,000

Cost* (Annual Premium)

$100

Delaware

Bond Amount

$20,000

Cost* (Annual Premium)

$140

Florida

Bond Amount

$50,000

Cost* (Annual Premium)

$500

Georgia

Bond Amount

$5,000

Cost* (Annual Premium)

$100

Indiana

Bond Amount

$10,000

Cost* (Annual Premium)

$100

Iowa

Bond Amount

$20,000

Cost* (Annual Premium)

$350 (two years)

Kentucky

Bond Amount

$20,000

Cost* (Annual Premium)

$200

Louisiana

Bond Amount

$50,000

Cost* (Annual Premium)

$500

New Hampshire

Bond Amount

$20,000

Cost* (Annual Premium)

$200*

New Jersey

Bond Amount

$10,000

Cost* (Annual Premium)

$100

New Mexico

Bond Amount

$10,000

Cost* (Annual Premium)

$100*

North Carolina

Bond Amount

$20,000

Cost* (Annual Premium)

$100

Ohio

Bond Amount

$1,000

Cost* (Annual Premium)

$75

Oklahoma

Bond Amount

$25,000

Cost* (Annual Premium)

$250

Pennsylvania

Bond Amount

$20,000

Cost* (Annual Premium)

$150

Tennessee

Bond Amount

$50,000

Cost* (Annual Premium)

$500

Virginia

Bond Amount

$50,000

Cost* (Annual Premium)

$300

Call now to lock in your price

855-215-2160

Monday to Friday, 6 a.m. to 5 p.m. (PT)
*Cost can vary depending on the bond amount required and your credit rating

Don’t see your state? Give us a call: 855-215-2160

How can I qualify for a public adjuster bond?

When you apply for your bond, the surety company (such as NNA Surety Bonds) will examine your personal credit score, business financial health, and other factors. If your financial situation is strong, you pose a lower risk and, in some states, you'll qualify for a lower premium.

To learn more about getting the surety bond required in your state, contact us! Just call 855-215-2160 or use our simple contact form.

What else should I know about being an insurance adjuster?

There are three classes of insurance claims adjusters:

  • Public Adjusters: employed by the policyholder.
  • Staff Adjusters: employed by an insurance company or self-insured entity.
  • Independent Adjusters: independent contractors hired by the insurance company.

As with all surety bonds, the public adjuster bond is a contract among three entities, the principal (you), the obligee (the state authority), and the surety (the company providing the bond).

Questions? Call NNASurety Bonds at 855-215-2160
Monday to Friday, 6 a.m. to 5 p.m. (PT)