A Public Adjuster Surety Bond is a license and permit surety bond required by some state departments of insurance to have an adjuster license. An Insurance adjuster is someone who investigates insurance claims or claims for damages and recommends an effective settlement. The public adjusters are solely employed by the policyholder in this transaction. The surety bond protects the policyholder for whom the adjuster rendered services from fraud, dishonesty, misstatement, misrepresentation, deceit and or any unlawful acts or omissions as they investigate the claim and issue their settlement recommendations.
These are sometimes also known as Insurance Adjuster surety bonds.