Mississippi Public Adjuster Bond
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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.
More Resources
Have Questions?
Call 1 (800) 308-4358 to talk with a Surety Expert today.
