Resident and non-resident public insurance adjusters (PA's) in New York must be licensed and file a $1,000 surety bond with the state in order to provide services.
Adjuster's determine how much an insurance company pays a policy holder for a claim. There are three types of insurance adjusters:
Resident and non-resident public adjusters are licensed by New York's Department of Financial Services, Insurance Division.
A NY resident and non-resident public adjuster license expires on Dec. 31 of even years. Licensing requirements include:
The premium you pay for a New York resident and non-resident public adjuster surety bond is based on your credit. Our rates start at $100 with good credit. Contact our Surety Bond Specialists for a free quote that fits your specific situation.
New York licensing is not reciprocal with any other state. Out-of-state adjusters must take the New York state exam.
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.
For a downloadable application