The Department of Regulatory Agencies, a Division of Insurance, regulates public adjusters in the state.
New and renewal applicants are required to furnish the Department with evidence of a surety bond.
The Colorado public adjuster bond is a $20,000 surety bond required of new and renewal licensees.
Qualifying for this surety bond couldn’t be any easier:
After completion of a surety bond application (which may be completed with an agent over the phone), and payment of the $200 premium, this surety bond is issued to you immediately.
The public adjuster surety bond is an instant issue bond and there is no credit check or standard underwriting involved.
Once the bond has been issued, an emailed copy of the bond can be sent to you at no additional charge. The original bond, with the wet signature and the raised seal will be sent to you by the following business day.
While your Colorado public adjuster bond is issued with a standard term of one year, you have the option to prepay this bond for 2 or 3 years. Choosing either one of these options provides you with a savings over year to year renewal of your surety bond.
Prepayment options for this bond are as follows:
As stated within the surety bond’s wording, the public adjuster surety bond exists to allow the Commissioner of Insurance recover funds on behalf of the consumer.
Acts of fraud, wrongful acts, omission of acts, and unfair business practices are instances under which recovery from your surety bond may be made.
A surety bond is not insurance. As the bond’s obligor, you must indemnify the surety for any claims paid against your bond – if such were ever the case.
AmeriPro Surety Bonds is a surety bonds-only agency. We provide license and permit, court, and fiduciary surety bonds throughout Colorado.
Our agency also provides surety bonds nationwide.
Please call us now and you’ll have your bond in a few minutes:
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