Public Insurance Adjuster Bond
Insurance adjusters in the State of Texas are required by the Texas Department of Insurance to post $10,000 surety bonds as a prerequisite to receiving a license to handle claims. Insurance adjuster surety bonds guarantee principals in Texas will conduct business as a public claims adjuster in accordance with the Texas Insurance Code. If the principal fails to conduct business in accordance with the law, the bond protects harmed parties from financial loss up to the full amount of the bond. Public adjuster bonds are effective until canceled and it is the responsibility of the adjuster to renew their Texas license annually for as long as they wish to remain licensed.
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