Public Adjuster License Surety Bonds in Missouri
A public adjuster in Missouri represents a policy holder in making insurance claims. They help negotiate the claim with the insurance company to help their clients receive more money in a settlement. The policy holder pays the public adjuster a fee, typically based on the amount of the claim.
Missouri's Department of Insurance regulates licensing for public adjusters and public adjuster solicitors in the state, and a part of licensing includes securing a surety bond.
Licensed and Bonded
Licensing requirements for public adjusters and public adjuster solicitors include:
- Pass an examination
- Provide contact information
- Provide an original letter of certification
- Pay a $100 application fee
- Submit a surety bond with a Power of Attorney. Public adjusters need a $10,000 bond. If the public adjuster is an employee of someone who is licensed and has submitted a $10,000 bond, then the individual only needs to submit a $1,000 bond. Public adjuster solicitors need a $1,000 bond.
How Much Will This Bond Cost?
The premium amount you pay for a Missouri public adjuster bond or public adjuster solicitor bond starts at $100 with good credit. Contact our Surety Bond Specialists for a free quote based on your specific situation.
Did You Know?
A Missouri public adjuster license must be renewed annually.
Related Links:
Missouri Department of InsuranceMore Surety Bond Questions?
Check out our FAQ page or What’s a Surety Bond? page. Should you need or choose to buy a surety bond, buy from us. SuretyGroup.com has been underwriting surety bonds throughout the U.S. for more than 35 years. When you work with us, you enjoy the unique benefit of dealing with a team of highly experienced surety agents with in-house underwriting authority. This allows you to receive competitive, low rates, quick approvals, and immediate bond delivery. In most cases, your bond will be delivered within 24 hours after you apply for it.
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