Who needs a public insurance adjuster bond?
In the State of Minnesota, any individual or business entity who aids an insured in negotiating the settlement of claims for loss or damage under an insurance policy or who advertises or solicits business as a public insurance adjuster is required to be licensed as a public insurance adjuster and obtain a $10,000 surety bond to be in compliance with Chapter 72B of the Minnesota Statutes.
What is the public insurance adjuster bond?
The Minnesota public insurance adjuster protects the party requesting the surety bond, the Obligee, against any financial losses as a result of poor financial choices, damages, unethical decisions, or a failure to adhere to state and local laws on the part of you, the Principal. By obtaining your bond, you are telling the Obligee that you can be trusted and that you stand by your business decisions.
The Minnesota public insurance adjuster bond is also known as the Minnesota public adjuster bond.
What else do I need to obtain or renew my license?
Requirements are always subject to change, so it's best to consult Minnesota's The Office of the Revisor of Statutes for the most up-to-date information.
Are you licensed as a public adjuster in multiple states? No problem! We have a nationwide public adjuster program in place. If your state requires a public adjuster bond, Ashton Agency can write it! Contact us at (800) 451-4854 for your free, no-obligation quote.
Get bonded within one business day!
Only Ashton Agency can provide you with:
Many companies offer public insurance adjuster bonds, but by contacting the Ashton Agency, you can be sure you'll be getting the best price available, not to mention our stellar customer service and insider knowledge of the industry. We've been helping people get bonded for more than 45 years. Let us put that experience to work for you today!
Call us now at (800) 451-4854 for a free quote and we will contact you within 24 hours. We can assist you over the phone to ensure you receive your bond quickly and easily!
Don't have time to speak on the phone? Please fill out our easy online application and fax to (407) 678-2468. We can get you started right away!