Louisiana Public Adjuster Surety Bond

How to become a Louisiana public adjuster

Louisiana public adjuster licenses are issued by the state’s�Department of Insurance. Application information is submitted through the National Insurance Producer Registry (NIPR). Here’s some of the criteria for becoming a public adjuster:

• At least 18 years old
• Pass�public adjuster licensing exam
• Get�fingerprinted
• Get a�$50,000 surety bond
• Pay $55 licensing fee
• Pay any NIPR fees

These licenses are good for a period of two years. Should any of the information on the original license application change,� like the business’s address or the licensee’s legal name, the changes must be submitted to the DOI within 30 days, or the licensee could be fined $50 per violation.

LA public adjuster surety bond

The Louisiana DOI requires public adjusters to get a $50,000 surety bond and submit the original bond during the application process.�Louisiana public adjusters’ surety bond is required to ensure licensees comply with Titles 22 and 23 of the�Louisiana Revised Statues, which include�standards of conduct. Violations of the standard of conduct include:

• Referring lawyers to clients for a fee
• Soliciting insured parties during the progress of a loss-producing incident
• Having financial interest in the claim other than compensation for public adjuster duties as contracted

This bond offers $50,000 of coverage, but that’s far more than you’ll pay ��get in touch with Single Source Insurance for a free bond quote! Good credit or bad, Single Source Insurance will help you get the best surety bond rate. Premiums for your Louisiana public adjuster bond can be as low as $500.