New Jersey public adjusters are licensed and regulated by the state’s Department of Banking and Insurance.
As a condition before a license will be granted to a public adjuster licensee, both for residents and non-residents, a $10,000 surety bond must first be on file with the department; only thereafter is the license issued.
AmeriPro Surety Bonds provides the public adjuster surety bond for both first time and renewal applicants.
The $10,000 New Jersey public adjuster bond will likely cost you no more than about $100 annually. Additionally, AmeriPro Surety Bonds allows you to prepay this surety bond for up to 2 years so as not to avoid annual renewal.
The amount that you will pay, however, may vary. Both an application and a credit score check are required for bond pricing; however, even in the worst of cases it is unlikely that the surety bond will cost you a large sum.
Our surety agency, at no extra cost to you, works to find you the best surety bond pricing.
By state insurance code rules, the expiration date of the New Jersey public adjuster bond is your date of birth.
Your $10,000 public adjuster surety bond serves as a financial guarantee for the Department of Banking and Insurance --- and by extension, the people of the state of New Jersey, that you will be in compliance with all laws, statutes, and codes regulating your profession as a public adjuster.
The surety bond protects against acts of fraud, theft, or criminal malfeasance---but only acts committed by a public adjuster and any related employees; this surety bond does not protect you at all, only others.
AmeriPro Surety Bonds is a surety bonds-only agency which provide license and permit, contractor, court, and fiduciary surety bonds throughout New Jersey.
Our agency also provides surety bonds on a nationwide level.
Please call AmeriPro Surety Bonds today at:
Or, you may fill out our contact form and a surety agent will contact you...