A Delaware Public Adjuster Bond is a $20,000 guarantee required for professionals who help homeowners and businesses negotiate insurance claims. These adjusters work on behalf of policyholders (not insurance companies) to get fair claim settlements. The State of Delaware requires this bond to protect consumers from di…
Overview
What it is.
A Delaware Public Adjuster Bond is a $20,000 guarantee required for professionals who help homeowners and businesses negotiate insurance claims. These adjusters work on behalf of policyholders (not insurance companies) to get fair claim settlements. The State of Delaware requires this bond to protect consumers from di…
Who usually needs it
Licensed public adjusters in Delaware, including both residents and non-residents, who negotiate and settle property/casualty insurance claims on behalf of policyholders. This bond is required for all individuals or business entities applying for or holding a public adjuster license in Delaware as mandated by 18 Del. C. § 1752.
Pricing & timing
What to expect.
Generic pricing
License bonds are required by state and local governments to ensure compliance with industry regulations. Typical Pricing:. • Small bonds (under $25,000): Typically $100–$250 per year (flat fee). • Larger license bonds: Commonly around 1–5% of the bond amount annually. • Credit impact: Good credit: starting around 1–2% · Average credit: typically 2–4% · Credit challenges: often 4–5% or higher. Same-day approval is typical for many common license bonds. Some license bonds may price higher de…
Typical timeframe
Issuance timeframe varies by bond type and underwriting
Application
What to do next.
Tell us the bond name, state, and amount on your form.
Share business and applicant info so the team can quote it.
Sign and pay; we issue the bond and send you the documents.
Keep your effective date and renewal date on file with us.
Start the application.
You are on the exact bond page. The next step is to start the quick application.
StateDEBond amount$20,000ObligeeState of DelawareBond classLicense BondCategoryInsuranceBondDelaware Public Adjuster BondJurisdictionStatePlain descriptionA Delaware Public Adjuster Bond is a $20,000 guarantee required for professionals who help homeowners and businesses negotiate insurance claims. These adjusters work on behalf of policyholders (not insurance companies) …Who needs this bondLicensed public adjusters in Delaware, including both residents and non-residents, who negotiate and settle property/casualty insurance claims on behalf of policyholders. This bond is required for all individuals or bus…
