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State of New York - Adjuster's Bond

This bond is required for insurance adjusters who want to work legally in New York State. An adjuster is someone who investigates and settles insurance claims when you file for damages or losses. The state requires adjusters to have this $1,000 bond as a form of financial protection for the public. If an adjuster acts…

Bond amount$1,000
State or jurisdictionNew York
ObligeePeople of the State of New York

Essential point: Pin down whether this is your bond, then start the application. Ava can confirm the right state and license type if you are not sure.

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2323 yearsHelping clients and agents
Overview

What it is.

This bond is required for insurance adjusters who want to work legally in New York State. An adjuster is someone who investigates and settles insurance claims when you file for damages or losses. The state requires adjusters to have this $1,000 bond as a form of financial protection for the public. If an adjuster acts…

Who usually needs it

Individuals or entities licensed as independent insurance adjusters (including corporate licensees covering their sub-licensees) or public adjusters in New York State must obtain this bond as a licensing prerequisite. Independent insurance adjusters investigating and adjusting claims for insurance companies require a $1,000 bond, as do public adjusters (bot…

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 depending on the specific bond type, state program, or underwriting requirements.

Your quote determines the actual premium.

Typical timeframe

Issuance timeframe varies by bond type and underwriting

Timing can change when underwriting needs more information.
Application details

How it works.

  1. Start the application

    Confirm the bond and provide applicant and business details.

  2. Review the quote

    See the terms and premium before deciding to continue.

  3. Pay and sign

    Complete the required payment and signatures.

  4. Receive the bond

    Get the issued bond and filing or delivery instructions.

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Helpful guidance, a real agency team, and a clear path from research to application.

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Next step

Ready to move forward?

Start the secure application with this bond already selected, or ask Ava a question before you begin.

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