Overview
An insurance adjuster bond is a license bond that many states require before issuing an adjuster license. It guarantees that the adjuster will follow state insurance law and handle claims honestly. If the adjuster's misconduct causes a loss, the harmed party can claim against the bond up to its amount.
The required amount is set by the licensing state and is usually modest. Underwriting is typically straightforward and based on the applicant's credit.
It is a surety bond that protects the public, not the adjuster. A paid claim is reimbursed to the surety under the indemnity agreement.
Who needs this bond
Public adjusters and independent adjusters in states that condition the adjuster license on a posted bond.
Typical amount and term
Bond amount commonly 5,000 to 50,000 dollars set by state statute. Premium 100 to 500 dollars per year.
What this bond costs
Your premium is a small percentage of the bond amount, set by underwriting. The biggest drivers:
- The state-set bond amount
- The applicant's personal credit
- Whether the license is for a public or independent adjuster
| Scenario | Bond amount | Estimated premium |
|---|---|---|
| Strong credit | $5,000 bond | around $50 to $100 per year |
| Average credit | $10,000 bond | around $100 to $250 per year |
| Higher state amount | $50,000 bond | priced as a percentage of the bond amount |
Figures are illustrative premium ranges, not quotes or statutory amounts. Your rate depends on the bond amount your obligee requires and your underwriting profile.
What you will need
- State of license and adjuster license number
- Owner credit authorization
How to apply
- Send state and license details
- Receive an instant quote
- Bond issued and mailed for state filing
How a surety bond differs from insurance
An adjuster bond is a surety bond that protects the public against an adjuster's misconduct. It is not errors and omissions insurance, which covers the adjuster's own liability for mistakes. The bond guarantees compliant conduct; the policy covers the adjuster's exposure.
Frequently asked questions
Who needs an insurance adjuster bond?
Public and independent adjusters in states that condition the adjuster license on a posted surety bond.
How much does it cost?
Because the required amounts are usually modest, premiums are often a low flat figure for strong credit. The examples here are illustrative.
What does the bond cover?
It gives harmed parties a way to recover up to the bond amount if the adjuster violates state insurance law in handling claims.
How fast can I be bonded?
Adjuster bonds are usually quick to issue once the state, license details, and a credit authorization are provided.
More additional bonds
Reviewed by the Cornerstone Surety bond team. Last reviewed 2026-06-17.