The Texas public insurance adjuster bond is a $10,000 surety bond required by the TX Department of Insurance. The bond may be yours for as little as $100 a year! Call AmeriPro Surety Bonds: 844-589-9732.
Public insurance adjusters play an important role in insurance.
Besides evaluating the maximum value of a claim, public insurance adjusters also act on behalf of the policyholder.
In Texas, public insurance adjusters are licensed and regulated by the Texas Department of Insurance.
The Department of Insurance, Licensing and Applications Division, the bond’s obligee, has as a prerequisite that insurance adjusters obtain a surety bond.
AmeriPro Surety Bonds provides both the new and renewal insurance adjuster bond.
The Texas public insurance adjuster bond required by the department is for $10,000.
The surety bond acts as a financial guarantee that a licensed insurance adjuster will abide by all rules in statutes in the conduct of their business.
More specifically, the surety bond protects others (the consumer public) – not the insurance adjuster – from acts of theft, fraud, or other criminal activity which an insurance adjuster may commit during the course of their professional activities.
The bond guarantees that a victim may be compensated up to the bond’s face amount; or that more than one victim may have aggregate claim up to the $10,000.00.
This $10,000 surety bond has an annual of premium beginning at 1% of the bond’s amount, or $100 a year!
The amount any individual applicant will pay may be determined by a credit check.
AmeriPro Surety Bonds will be able to have just about any applicant qualified for the surety bond; however prices may range in a wide range depending on the applicant’s credit score.
Regardless of your credit standing, we encourage you to call us.
The bond is active for one year after its active date and must be renewed annually.
Texas residents who want to be insurance adjusters must complete the following:
AmeriPro Surety Bonds provides all insurance related surety bond throughout Texas and nationwide.
We also provide court, contract, license and permit, and fiduciary surety bonds.
We are your friend and advocate in the surety industry.
844-589-9732
