What Is a Mississippi Public Adjuster Bond?
The Mississippi Insurance Department requires $50,000 in errors and omissions coverage in the form of a surety bond or an insurance policy. A Mississippi public adjuster surety bond protects the public from any adjuster’s failure to abide by state rules and regulations.
How Much Do Public Adjuster Bonds Cost?
You can get a $50,000 Mississippi public adjuster bond for $500. Or, you can save 25% by selecting a multi-year term and purchasing a 2-year term bond for $875 or a 3-year term bond for just $1,250.
Get your bond in minutes — no application or credit check needed!
How Does a Mississippi Public Adjuster Bond Work?
By purchasing this bond, you enter a legally-binding contract between three parties:
- Obligee: The Mississippi Insurance Department
- Principal: You, the public insurance adjuster
- Surety: The entity providing the bond
If a public adjuster violates the standards of MID Regulation 2007-4, harmed parties can file a claim to cover errors and omissions.
How Do I Get a Public Adjuster Bond in Mississippi?
To apply for and purchase your Mississippi public adjuster bond, complete the following steps:
- Buy online through our secure payment portal
- Get your bond instantly by email
- File your bond with the Insurance Department
Include your license number and county in the application for purchase approval.
How to Become a Public Adjuster in Mississippi
All public adjusters must be licensed with the Mississippi Insurance Department. To become a public adjuster in Mississippi, follow these basic requirements:
- Purchase a $50,000 surety bond or proof of E&O insurance coverage
- Complete the Errors and Omissions Coverage Form
- Pass required examinations
- Pay proper license and application fees
- Complete and submit the application form
After receiving your license, there may be continuing education requirements. For more detailed information, refer to the resources listed below.
