North Dakota Public Adjuster Bond Overview
- Purpose: To hold public adjusters financially liable for fraudulent or dishonest practices
- Who Needs It: All public insurance adjusters working in North Dakota
- Regulating Body: The North Dakota Insurance Department
- Bond Amount: $20,000
- Price: $100 for a 1-year term
If you’re applying for a public insurance adjuster license in North Dakota, you'll need a surety bond. Read on to learn all about the bonding process.
What Is a North Dakota Public Adjuster Bond?
In North Dakota, the Insurance Department requires all public adjusters to file a $20,000 surety bond for state licensing.
This is a financial guarantee that adjusters will uphold all state regulations and operate ethically. For example, if an adjuster intentionally makes a false insurance claim, insurers and clients can file a bond claim to recover losses.
How Much Do Public Adjuster Bonds Cost in North Dakota?
North Dakota public adjuster bonds cost a flat rate of $100 for a 1-year term — no credit check required.
You can also select a multi-year term at checkout to save 25%. Click below to buy your bond in minutes.
SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees.
How Does a North Dakota Public Adjuster Bond Work?
A North Dakota public adjuster bond creates a legal contract between these three parties:
| Bond Party | Description |
|---|---|
| Principal | The public adjuster filing the bond |
| Obligee | The North Dakota Insurance Department requiring the bond |
| Surety | The issuing surety provider |
What Is the North Dakota Public Adjuster Bond Law?
Under North Dakota Century Code Section 26.1-26.8-11, all resident and nonresident public adjusters in North Dakota must file a $20,000 surety bond.
If you fail to comply with state standards, harmed parties can file claims on the bond. The surety will pay valid claims up to the full $20,000 bond amount. However, you must ultimately refund the surety.
How Do I Get a Public Adjuster Bond in North Dakota?
With SuretyBonds.com, you can instantly purchase your North Dakota public adjuster bond online 24/7.
Simply provide your name, address and payment method. You’ll then receive your official bond form via email.
Be sure to file the bond form with the Department of Insurance as instructed.
How Long Does It Take to Get My Bond?
Our online portal makes the bonding process fast and easy. Once we process your payment, we’ll email your bond form within minutes.
Please check your spam/junk folder if you don’t receive an email within 5–10 minutes of purchase.
Can I Get Bonded With Bad Credit?
Yes, this bond is available for instant purchase! Everyone qualifies for the same rate with no credit check required.
How Do I Renew My Public Adjuster Bond?
North Dakota public adjuster license bonds expire annually.
To renew your bond, simply pay your renewal invoice when prompted. We’ll begin reminding you by phone and email 90 days before the expiration date.
You won’t need to submit any additional documentation, unless you want to make changes to the bond form.
How Do I Update My Bond Information?
To make any changes to your official bond form, you’ll need to contact your surety company. This typically includes correcting your name or address to match the information on your license application.
If you purchased your bond from us, email [email protected] explaining the needed change.
What If I’m Already Licensed and Bonded in Another State?
North Dakota offers license reciprocity for public adjusters, meaning no additional exams are required if you’re licensed in another state.
However, you’ll still need to file a $20,000 surety bond with the ND Department of Insurance, even if you’re already bonded in your home state.
How to Get a Public Adjuster License in North Dakota
The North Dakota Department of Insurance regulates all public adjusters in the state. Your licensing process will depend on your residency status and whether you’re applying as an individual or a business entity.
How to Get an Individual License
All individual public adjuster license applicants must complete the following requirements:
- Pass the public adjuster exam (nonresidents qualifying for reciprocity are exempt)
- Submit fingerprints and a criminal history background check (residents only)
- File the $20,000 surety bond
- Pay the $100 application fee
Note that no exam is required if you apply within 90 days of canceling your previous public adjuster license in your previous state or within 12 months of terminating your previous license in your current state.
Both resident and nonresident individual licenses expire on the last day of your birth month. To renew, complete the renewal application and pay the $25 fee.
How to Get a Business Entity License
Public adjuster business entities must complete these separate requirements to apply for a license:
- Designate a responsible licensed producer (DRLP)
- File the $20,000 surety bond
- Pay the $150 application fee
Business entity licenses expire every two years on the date of issuance. To renew, submit the renewal application along with the $25 fee.
