A Public Adjuster Bond is required for professionals who help people negotiate insurance claims with their insurance companies in Tennessee. This $50,000 bond protects consumers by guaranteeing that public adjusters follow state laws and ethical practices. If an adjuster cheats a client, acts dishonestly, or violates …
Overview
What it is.
A Public Adjuster Bond is required for professionals who help people negotiate insurance claims with their insurance companies in Tennessee. This $50,000 bond protects consumers by guaranteeing that public adjusters follow state laws and ethical practices. If an adjuster cheats a client, acts dishonestly, or violates …
Who usually needs it
Licensed public adjusters in Tennessee—individuals or business entities acting on behalf of insureds to negotiate first-party insurance claim settlements (excluding insurance carrier employees)—must obtain this bond as a prerequisite for licensure under Tennessee Statute § 56-6-903.
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.
StateTNBond amount$50,000ObligeeState of TennesseeBond classLicense BondCategoryOtherBondPublic Adjuster BondPlain descriptionA Public Adjuster Bond is required for professionals who help people negotiate insurance claims with their insurance companies in Tennessee. This $50,000 bond protects consumers by guaranteeing that public adjusters fol…Who needs this bondLicensed public adjusters in Tennessee—individuals or business entities acting on behalf of insureds to negotiate first-party insurance claim settlements (excluding insurance carrier employees)—must obtain this bond as …
