How much does a public adjuster bond cost in New Jersey?
Public adjusters in New Jersey must post a surety bond in the amount of $10,000. You can get a New Jersey public adjuster bond instantly for just $100 when you choose SuretyBonds.com. No credit check is required, so everyone qualifies for the same low price!
|Bond Type||Bond Amount||Cost*|
|$10,000 Public Adjuster Bond||$10,000||$100||Buy Now|
Ready to get bonded? Call 1 (800) 308-4358 or complete our bond request form online to get the bond you need for just $100!
Why do I need this bond?
New Jersey public adjuster bonds ensure that principals (public adjusters) abide by the provisions stated in the N.J.S.A. 17:22B-1 et seq. Under this bond, principals are required to perform all tasks as promised in their contracts and pay all taxes and fees owed to the state. If a principal violates the terms of the bond agreement and a consumer is harmed, the surety will cover all damages up to the full bond amount. The principal must then compensate the surety for any financial loss.
What’s the fine print?
New Jersey public adjuster bonds are required by the Commissioner of Banking and Insurance. This specific bond is continuous until canceled. If the surety wishes to cancel this bond for any reason, 30 days’ written notice must be given to the state prior to the termination date.
How to become a public adjuster in New Jersey
To become a licensed public adjuster, you must:
- complete an electronic fingerprinting process
- provide an exam score report
- furnish 2 passport-sized photographs
- obtain a surety bond in the appropriate amount
- pay the $70 fee ($50 licensing fee; $20 processing fee)
- and more
Pay just $100 for a New Jersey public adjuster bond when you work with SuretyBonds.com. Simply give us a call at 1 (800) 308-4358 or submit a bond request today!
Ready to get started?