Idaho Public Adjuster Bond
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How much does the Idaho public adjuster bond cost?
The Idaho public adjuster bond costs $200 annually. You can save money by choosing our multi-year discount to extend your public insurance adjuster bond term during checkout!
How do you get your adjuster license bond in Idaho?
You can purchase your Idaho public adjuster surety bond online 24/7. Simply select your preferred term and provide your public insurance adjuster name and address for Department of Insurance filing approval. Once your payment is processed, a copy of your Idaho surety bond will be delivered to your email instantly, and your official bond documents will be delivered to your preferred mailing address.
How fast can I get a public adjuster license bond?
Our industry-leading technology and responsive customer service team allow us to deliver your official Idaho public adjuster license bond faster than any other surety provider. The Department of Insurance requires your official Idaho surety bond be physically issued and shipped to you. If you're in a rush, choose overnight shipping when submitting your order.
What is the purpose of the Idaho public adjuster bond?
Idaho Statutes Title 41 Insurance Chapter 58 Public Adjuster Licensing Act requires individuals file a $20,000 surety bond before the state will issue a public adjuster license. State form BOND PA-2 (7-2021) is officially titled the “Bond of Public Adjuster” and specifically requires licensed adjusters comply with Idaho insurance laws to benefit those injured by the actions of a public adjuster.
Who is required to purchase the Idaho public adjuster bond?
Public adjusters must file this $20,000 surety bond with the Idaho Department of Insurance before being licensed to work in the state. By filing this bond, you agree to comply with Idaho insurance laws when working as a public insurance adjuster. If you fail to do so, your issuing surety company will pay valid claims to harmed individuals up to your full $20,000 bond amount, which you must reimburse.
The Idaho Department of Insurance requires this bond for public insurance adjuster licensing. If you work as an insurance adjuster in states other than Idaho, we also offer insurance adjuster bonds nationwide.
Who regulates licensing for public adjusters?
The Idaho Department of Insurance enforces licensing requirements for public adjusters in the state, including the $20,000 bond amount requirement. If you have questions about your current public adjuster license or new license application, the state advises you contact the DOI by submitting an online email to Producer Licensing.
Where do I file my Idaho public adjuster bond?
The Idaho DOI requires you submit your original signed bond by mail.
Idaho Department of Insurance
7000 W. State Street, Floor 3
PO Box 83720
Boise, ID 83720-0043
How do I update or change my public adjusters bond form?
If the Idaho Department of Insurance requires your surety bond documentation to be updated for any reason, contact your surety company. If you purchased your bond from SuretyBonds.com, email [email protected] to explain the needed change. The most common changes requested are updating your public insurance adjuster name or address to match your license application or National Insurance Producer Registry (NIPR).
How do public adjusters in Idaho renew your license bond?
You must renew your Idaho public adjuster surety bond before its current term expires. Once you pay your SuretyBonds.com renewal invoice, renewal instructions will be sent to keep your bond active for your next license term as required by Idaho code.
How do public adjusters become licensed in Idaho?
Idaho residents must complete the following steps to apply for your Idaho public adjuster license.
- Pass your public adjuster licensing exam.
- Provide fingerprints for your background check.
- Purchase and file your Idaho surety bond in the required $20,000 bond amount.
- Apply online with the National Insurance Producer Registry (NIPR), which includes an $80 nonrefundable fee.
- Upload all required application documents to the NIPR Documents Warehouse, or email them to [email protected].
Have Questions?
Call 1 (800) 308-4358 to talk with a Surety Expert today.
