Public adjuster bond cost
The Georgia Commissioner of Insurance requires public adjusters to post $5,000 surety bonds in order to work legally within the state of Georgia.Surety Bonds issues these bonds instantly for just $100! There’s no credit check required, so everyone pays the same low rate.
Why this bond
By purchasing a public adjuster bond in Georgia, the principal (public adjuster) is held accountable to any insured party whose claim he/she is handling, as provided in Section 33-23-6 of the Georgia Insurance Code annotated and in 120-2-3-.18 of the Georgia Insurance Department Rules and Regulations.
If the principal violates the terms of his or her bond agreement, the surety will compensate harmed parties for damages suffered up to the full amount of the bond, at which point the principal must reimburse the surety for any money paid out in a claim. Pay just $100 for a Georgia public adjuster bond when you contact one of our surety bond experts today!
Public adjuster bond details
Public adjuster bonds in Georgia remain in full force and effect until canceled or claimed against. However, the surety may cancel the bond at any time by giving written notice to the Commissioner of Insurance via registered mail with the cancellation’s effective date. Notice must be sent at least 60 days prior to the effective date of cancellation.
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