Is A Bond Required In Order To Become Licensed?

For a Fire and Casualty Broker or a Special Lines Surplus Lines Broker, a $10,000 Bond is required. For a Surplus Lines Broker, a $50,000 Bond is required. For a non­public adjuster, a $2000 Bond is required and for a public adjuster, a $5000 Bond is required.

The information on this page is meant to provide a general overview of the law. The laws in your state and/or city may deviate significantly from those described here. If you have specific questions related to your situation you should speak with a local attorney.

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