Oklahoma Public Adjuster Bond
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How much does an Oklahoma public adjuster bond cost?
The Oklahoma public adjuster bond costs $250 annually. You can save money by choosing our multi-year discount to extend your public insurance adjuster bond term during checkout!
How do I get a public adjuster bond in Oklahoma?
You can purchase your Oklahoma public adjuster bond online 24/7. Simply select your preferred term and provide your name and address for Insurance Department filing approval. Once your payment is received, your official Oklahoma adjuster bond will be delivered to your email.
How fast can I get an adjuster license bond?
SuretyBonds.com offers instant Oklahoma adjuster license bond delivery 24/7. Purchase now to receive your official public adjuster surety bond delivered in minutes by email.
What is an Oklahoma public adjuster bond?
Oklahoma Statutes Title 36 Chapter 2 Section 6214 requires individuals file a $25,000 surety bond before being issued a public adjuster license or renewal license. The state's form is officially titled the “Public Adjuster's Bond” and specifically protects insureds whose claims a licensed adjuster handles for money or otherwise processes for a claim settlement. If a licensed adjuster fails to properly manage money or claims according to Oklahoma Statutes, their issuing surety company will pay valid claims up to the full $25,000 bond amount, which the licensed public adjuster must reimburse.
Who regulates licensing for public adjusters?
The Oklahoma Insurance Department Licensing and Education Division regulates public adjusters in the state and enforces the $25,000 bond amount requirement. You can contact the OID by calling 1(405)521-2828 or by emailing [email protected].
The Oklahoma Insurance Department requires this bond for public insurance adjuster licensing. The OID also enforces a separate Oklahoma third party administrator bond requirement. If you work as an insurance adjuster in states other than Oklahoma, we also offer insurance adjuster bonds nationwide.
How do I update or change my adjuster license bond form?
If the Oklahoma Insurance Department requires your surety bond documentation to be updated for any reason, contact your surety insurance company. If you purchased your bond from SuretyBonds.com, email [email protected] to explain the needed change. The most common changes requested are updating your name and address to match your current insurance license or new adjuster license application paperwork.
How do I renew my public adjuster bond in Oklahoma?
You must renew your Oklahoma public adjuster bond before its current term expires. Oklahoma statutes require your bond run concurrently with your licensed public adjuster term. Once you pay your SuretyBonds.com renewal invoice, renewal instructions will be emailed to you to keep your bond active for your next insurance industry license term.
How do I get an Oklahoma public adjuster license?
You must fulfill the following requirements to apply for your Oklahoma adjuster license.
- Pass the required license exam.
- Complete your application.
- Pay all necessary fees.
- Purchase and file your $25,000 public adjuster surety bond.
Have Questions?
Call 1 (800) 308-4358 to talk with a Surety Expert today.