How much does a public adjuster bond cost in Missouri?
The required amount of a Missouri public adjuster surety bond varies. Persons, partnerships, associations or corporations hoping to become licensed need a $10,000 bond, while their individual employees need only a $1,000 bond. SuretyBonds.com can issue both of these bonds instantly for just $100. Since there’s no credit check required, everyone pays the same low rate.
Call 1 (800) 308-4358, or click here to get bonded instantly!
If you’re ready to get bonded, call SuretyBonds.com at 1 (800) 308-4358 or fill out our quick online contact form. You’ll be connected with a surety specialist who will get you the bond you need right away!
Why do I need this bond?
Missouri public adjuster bonds serve as a guarantee of financial responsibility. This bond holds principals (adjusters) liable for financial losses up to the full bond amount if they engage in any fraudulent or prohibited activities. These prohibited acts are detailed in Chapter 325 of the Missouri Revised Statutes 1986. Specifically, this bond type ensures that public adjusters will account for all funds received in settlement losses or claims for holders of insurance policies within the provisions of Sections 325.010 through 325.055 of the Missouri Revised Statutes.
Our team of surety experts is just a call away and ready to help you with any bonding questions you might have. Get started now!
What’s the fine print?
Missouri public adjuster bonds are required by the Missouri Department of Insurance Financial Institutions and Professional Registration. These bonds are continuous until canceled, and the surety can cancel the bond at any time upon giving the director of the department 30 days’ written notice.
The surety bond form for public adjuster bonds is also the bond form for public adjuster solicitor bonds. Be sure to check the appropriate box on the bond form.
How to become a public adjuster in Missouri
Both resident and non-resident public adjusters must pass the Missouri public adjuster exam. Non-residents must provide an original letter of certification dated within the past six months issued by their resident state department of insurance, a surety bond in the proper amount and the $100 application fee in the form of a check or money order made payable to the DIFP - Insurance.
At SuretyBonds.com, our team of bond experts is just a call or click away. Click here or call 1 (800) 308-4358 to connect with a surety expert right away!
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