How much will a $20,000 Pennsylvania public adjuster bond cost?
Pennsylvania public adjuster bonds are issued instantly and cost just $200. Click Buy Now to be directed to our online payment portal where you can safely and securely purchase your bond online. It only takes a few minutes to be on your way to being bonded as a public adjuster in Pennsylvania.
|Bond Type||Bond Amount||Cost|
|$20,000 Public Adjuster Bond||$20,000||$200|
Why do I need this bond?
The Pennsylvania Insurance Department requires public insurance adjusters to submit $20,000 surety bonds as part of the licensing process.
Public adjuster bonds ensure that the public adjuster will faithfully follow the stipulations of the Pennsylvania Public Adjuster Licensing Law. This bond also states that the applicant will not embezzle, withhold or otherwise fraudulently handle any money. This particular bond protects consumers from any financial losses that they might suffer if a public adjuster violates any of the terms of his or her bond agreement.
What’s the fine print?
This bond is required by the Commonwealth of Pennsylvania Department of Insurance. Public adjuster bonds must be renewed along with the license two years from the effective date. The surety must give the department at least 30 days’ notice prior to the cancellation of the bond.
How to become a public adjuster in Pennsylvania
Applicants wanting to become a public adjuster must take the following steps:
- Pass written examination and provide certification of passage
- Provide all appropriate fees and financial information
- Supply copy of contract to be used in business transactions
- Obtain seal of sworn accuracy from notary public
- Submit $20,000 surety bond
Ready to get started?