Tennessee Public Adjuster Bond |
AmeriPro Surety Bonds | 844-589-9732
Public Adjusters – Tennessee
Tennessee public adjusters are licensed and regulated by the state’s Department of Insurance, Agent Licensing.
Licensing information in the form of a packet is available as a printout by the state. AmeriPro Surety Bonds offers you this bond as both a first time surety bond and for those who need to renew an existing license.
Tennessee Public Adjuster Bond: Amount of Surety and the Premium
The Tennessee public adjuster bond is a $50,000 surety bond required of licensees. This requirement is as found under Title 56, Chapter 6, of the Tennessee Annotated Code.
Qualifying for your adjuster surety bond involves:
- Completion of a surety bond application (this can be most quickly accomplished with the help of a representative, but we also offer your a paper application);
- Your credit score. (Our agency utilizes a ‘soft credit inquiry’ which has no affect on your credit score.)
As a general rule, an applicant for this bond may have a premium which is between 1-5% of the bond’s $50,000 amount.
The premium is almost entirely determined by your credit score.
Duration of this Surety Bond
The Tennessee public adjuster bond, once issued, is active for year from the date of issuance. There may be some instances in which the bond may be prepaid up to several years. If this option is available, doing so will offer you a savings over a year-to-year annual renewal.
Purpose of the TN Pubic Adjuster Bond
The Tennessee public adjuster bond is a financial guarantee for the state of Tennessee and consumers that you will be in compliance with all rules and regulations governing your profession.
The bond protects against acts of fraud, theft, or criminal malfeasance by a public adjuster or any related employees, which causes harm.
As principal of this bond, you must indemnify the surety for any claims paid against your bond.
AmeriPro Surety Bonds is a surety bonds-only agency which provides license and permit, court, and fiduciary bonds throughout Tennessee.
We also provide surety bonds nationwide. Please call for your public adjuster surety bond today at:
Or, you may fill out the form below and an agent will contact you…