License & Permit
Public Adjuster Bond
A public adjuster bond is a surety bond required to get a license to adjust insurance claims on behalf of policyholders.
- Required by
- State insurance departments (in Florida, the Department of Financial Services)
- Bond amount
- Set by whoever requires the bond. We confirm it.
What this bond guarantees
The bond runs to the state insurance regulator. It guarantees the adjuster will faithfully perform the duties of a public adjuster, and lets the state recover damages for fraud or unfair practices. Claims arise when a policyholder is harmed by the adjuster's misconduct.
Who needs it
- Licensed public adjusters
- Public adjusting firms, where the state requires a firm bond
What the underwriter looks at
- Adjuster's credit
- Experience and licensing history
- Prior complaints
Requirements vary by state and by who asks for the bond. Send us the request you received and we will confirm exactly what it calls for.
Common questions
How much is the Florida bond?
Florida section 626.865 requires a $50,000 bond, kept in force for the life of the license and one year after it ends.
Can the surety cancel my bond?
In Florida it may cancel only with at least 30 days' written notice to you and the department.