A Public Adjuster bond is required for professionals in Hawaii who help people file insurance claims after property damage. This $10,000 bond acts as a financial guarantee to the State of Hawaii that the public adjuster will follow all state laws and act ethically when representing clients. If the adjuster breaks the …
Overview
What it is.
A Public Adjuster bond is required for professionals in Hawaii who help people file insurance claims after property damage. This $10,000 bond acts as a financial guarantee to the State of Hawaii that the public adjuster will follow all state laws and act ethically when representing clients. If the adjuster breaks the …
Who usually needs it
Individuals licensed as public adjusters in Hawaii must obtain this bond. Public adjusters are defined under Hawaii Statute §431:9-105 as persons acting on behalf of or aiding insureds in negotiating first-party insurance claim settlements. The bond is required prior to license issuance and must be maintained while licensed.
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.
StateHIBond amount$10,000ObligeeState of HawaiiBond classLicense BondCategoryOtherBondPublic AdjusterPlain descriptionA Public Adjuster bond is required for professionals in Hawaii who help people file insurance claims after property damage. This $10,000 bond acts as a financial guarantee to the State of Hawaii that the public adjuster…Who needs this bondIndividuals licensed as public adjusters in Hawaii must obtain this bond. Public adjusters are defined under Hawaii Statute §431:9-105 as persons acting on behalf of or aiding insureds in negotiating first-party insuran…
