Cost: varies, click below to choose
Those engaged as Public Adjusters in the State of Florida are required to execute a Florida Public Adjuster Bond in the amount of $50,000 to ensure compliance with Part VI of Chapter 626, Section 626.851 through 626.878 of the Florida Statutes.
Bonds Express offers a Florida Public Adjuster Bond with a 100% approval rate.
To obtain the $200 bond price, a signed indemnity agreement is required. This will be emailed to you after purchase. An indemnity agreement is a signed contract with a surety company to hold the surety harmless from any loss or expense it may sustain or incur on a bond issued on behalf of another.
The bond price will be $500 if you do not wish to sign an indemnity agreement.
A surety bond protects the party requesting the bond, the Obligee, against any financial losses as a result of poor financial decisions, damages, unethical decisions, or a failure to follow state and local laws on the part of you, the Principal. The Florida Public Adjuster Bond holds you accountable for your business decisions.
By possessing a Florida Public Adjuster Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.