Public adjuster bond cost
The Washington Office of the Insurance Commissioner requires public adjusters to post $5,000 surety bonds.We can issues these bonds instantly for just $100. There’s no credit check required, so everyone qualifies right away.
Why this bond
Washington public adjuster bonds ensure that principals (public adjusters) conduct business in accordance with the provisions of RCW 48.17.430. Specifically, the bond guarantees that principals account for all money and any settlement received to all persons requesting the services of the public adjuster.
If the principal violates the terms of his or her bond agreement and consumers are harmed as a result, the surety will pay for all damages up to the full bond amount. The principal must reimburse the surety for all damages paid out.Public adjuster bonds in Washington remain in full force and virtue until canceled. These bonds remain valid for a standard 1-year term.
Become a public adjuster
Before becoming licensed as an insurance adjuster in Washington, applicants must first determine the type of license he or she needs. The options are:
- individual resident
- individual non-resident
- business-entity resident
- business-entity non-resident
Specific licensing requirements vary by license type.
Become licensed as an individual resident adjuster
- meet the experience and education requirements
- schedule and pass the required exam
- have fingerprints taken
- apply online for licensure
Purchase your Washington surety bond instantly for just $100!
Apply for your surety bond
Get a FREE Washington Public Adjuster Bond Quote Today! Click here to begin