South Carolina 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 South Carolina
- Regulating Body: The South Carolina Department of Insurance
- Required Coverage: $20,000
- Premium Cost: $200 for one year
What Is a South Carolina Public Adjuster Bond?
In South Carolina, all public insurance adjusters must file a $20,000 surety bond with the Department of Insurance (DOI) for a state license.
This holds public adjusters financially liable for following state regulations. It also protects insurers and clients from unethical practices, such as intentionally making false insurance claims.
How Much Do Public Adjuster Bonds Cost?
South Carolina public adjuster bonds cost a flat rate of $200 for one year of coverage. You can also select a multi-year term at checkout to save up to 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 South Carolina Public Adjuster Bond Work?
A public adjuster bond forms a legal contract between these three parties:
- Principal: The public adjuster filing the bond
- Obligee: The South Carolina Department of Insurance requiring the bond
- Surety: The provider issuing the bond
As the principal, you promise to comply with all applicable state laws, rules and regulations.
If you fail to uphold the bond terms, harmed parties can file claims. The surety will pay valid claims up to the full bond amount, but you’ll need to refund the surety.
Who Needs a Public Adjuster Bond?
As of May 19, 2026, the South Carolina Insurance Adjusters Act requires all licensed public adjusters to file a surety bond or a letter of credit with the DOI as financial security.
How Do I Get My Bond?
With SuretyBonds.com, you can instantly purchase your South Carolina public adjuster bond online 24/7.
Simply provide your name, address and national producer number (if available). You’ll receive your official bond form via email in about five minutes. Remember to file the bond form with the DOI as instructed.
How Do I Renew My Bond?
South Carolina public adjuster license bonds expire after one year.
To renew your bond, simply pay your renewal invoice when prompted — no additional documentation needed. We’ll begin reminding you by phone and email 90 days before the expiration date.
Can I Update My Bond Form?
Only your surety company can make changes to your bond form. This could include updating your name or address to match the information on your license.
If you got your bond from us, email [email protected] explaining the needed change.
How to Become a Public Adjuster in South Carolina
Anyone who is at least 18 years old with a clean background can apply for a public adjuster license in South Carolina. Follow these steps to get your license:
- Pass the state exam administered by Pearson Vue or prove reciprocity from another state.
- Get a SLED report for your background check.
- Get a $20,000 public adjuster bond or LOC.
- Apply online via NIPR and pay the $80 license fee.
You’ll need to renew your license in October of even-numbered years. Maintain an active surety bond or letter of credit as long as you hold a license.
