A Public Adjuster bond is required for professionals in Delaware who help people negotiate insurance claims with their insurance companies. This $20,000 bond protects consumers if the adjuster acts dishonestly, breaks state laws, or fails to properly handle a client's claim. If a public adjuster causes financial harm …
Overview
What it is.
A Public Adjuster bond is required for professionals in Delaware who help people negotiate insurance claims with their insurance companies. This $20,000 bond protects consumers if the adjuster acts dishonestly, breaks state laws, or fails to properly handle a client's claim. If a public adjuster causes financial harm …
Who usually needs it
Applicants seeking a public adjuster license in Delaware, including both resident and non-resident public adjusters who act on behalf of or aid insureds in negotiating settlements of first-party insurance claims. The $20,000 bond must be filed with the license application under 18 Delaware Code § 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 BondCategoryOtherBondPublic AdjusterPlain descriptionA Public Adjuster bond is required for professionals in Delaware who help people negotiate insurance claims with their insurance companies. This $20,000 bond protects consumers if the adjuster acts dishonestly, breaks s…Who needs this bondApplicants seeking a public adjuster license in Delaware, including both resident and non-resident public adjusters who act on behalf of or aid insureds in negotiating settlements of first-party insurance claims. The $2…
