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North Carolina Public Adjuster Insurance Bond

North Carolina Public Adjuster Insurance Bond

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Who Requires the Public Adjuster Insurance Bond and Why Is It Needed?

A Public Adjuster Insurance Bond is required by the North Carolina Department of Insurance for those applying to the Commissioner of Insurance for a license to act as a public adjuster in accordance with the provisions of G. S. 58-33A-50. The corporate surety bond is in favor of the State of North Carolina for the use of aggrieved parties who are financially damaged by the public adjusters violations of provisions of state laws, erroneous acts, failure to act, conviction of fraud, or conviction of unfair practices in the role of a public adjuster. This bond is continuous and remains in force during all license periods until the the bond is canceled by the surety company upon 30 days advance written notice to the Commissioner and the licensee.

How Much Will My Surety Bond Cost?

Surety Bonds Direct offers North Carolina Public Adjuster Insurance Bonds completely online without a credit check or any paperwork at the exceptional low price shown in the table below. Going direct is that easy!

What is Needed to Obtain My License?

Non-Resident North Carolina Public Adjusters are required to submit a complete application,show proof of financial responsibility by furnishing a $20,000 surety bond or an irrevocable letter of credit and pay license fees to secure the license in the state. Non-Resident Pubic Adjusters designating North Carolina as their home state for licensing purposes must meet the resident licensing qualifications outlined below.

North Carolina Resident Individual Public Adjusters must take and successfully pass the state examination, show proof of financial responsibility by posting a $20,000 bond or an irrevocable letter of credit, electronically submit a complete set of the fingerprints for a state and federal criminal history background check. Residents applicants must also meet the qualifications set forth in NCGS 58-33A-20 and NCGS 58-33A-45.




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