1. Start Your Application
2. Receive Your Free Quote
3. Buy Your Surety Bond
How Much Does a Delaware Public Adjuster Bond Cost?
The cost of a public adjuster surety bond in Delaware is between $200 and $2,000. This cost is based on the state’s requirement for public adjusters to have a $20,000 surety bond.
Instead of paying the full amount, you can buy your bond through a surety company by paying a bond premium. Our respected surety company has been serving Delaware’s residents and businesses for over a decade.
Our customers receive rates between 1% and 10%, depending on their qualifications. Specifically, the applicant’s credit rating, financial strength and professional credentials are reviewed to determine the premium.
We consider applicants with all credit scores, and over 99% of applicants qualify for a bond through us. Those with a 700 credit score or better qualify for a bond rate of 1% to 3%. With this score, your public adjuster bond would cost between $200 and $600.
Surety Bond Cost Based on Credit Score |
||||
Surety Bond Name |
Surety Bond Amount |
Over 700 |
Between 600 - 699 |
Below 599 |
Delaware Public Adjuster Bond |
$20,000 |
$200 - $600 |
$600 - $1,000 |
$1,000 - $2,000 |
How to Get a Delaware Public Adjuster Bond
1. Apply For Your Bond
We make it easy for you to purchase your Delaware public adjuster bond with our three-step process. Many of our customers can complete the process on the same day. To begin, fill out the online application.
2. Get Your Bond Quote
After applying for a bond online, most of our valued customers will receive an immediate bond quote. Applications that are complex, however, require additional review. In these cases, we provide a bond quote within 48 hours.
3. Purchase Your Bond
When you are ready to finalize your surety bond purchase, use our website’s payment portal to pay the premium. We will then prepare and email the bond to you quickly. If you need a mailed copy of the bond, please let us know.
Our bond experts take pride in providing our customers with a quick, straightforward process, and we are available to help as needed. For assistance, contact us online or by phone at (877) 514-5146.
Gwen recently applied with us for a public adjuster bond. She wanted to complete her licensing application with the state right away, and she appreciated how simple and fast our process was. In fact, she got her new bond on the same day she applied.
Public Adjuster Bond Requirements in Delaware
In 2023, Delaware enacted House Bill 280, requiring the licensing of public adjusters. Per this law, public adjusters must hold an active license to conduct business activities in the state. One of the state licensing requirements is a $20,000 surety bond.
The bond’s obligee is the State of Delaware. It grants the Commissioner the right to recover damages sustained in the event of unfair or fraudulent practices. The aggregate liability of the bond cannot exceed the full bond amount.
The bond will remain in effect until canceled. To cancel the bond, the surety must provide a 30-day written notice to both the Commissioner and the licensee. The bond premium is due annually. To support you with your bond’s maintenance, we will contact you with renewal instructions prior to the due date each year.
How to Get Your Public Adjuster License in Delaware
The Delaware Department of Insurance is the responsible authority for public adjuster licenses and license renewals. When applying for a new license, you must provide the following:
- Public Adjuster License Application - for individuals / for businesses
- $20,000 surety bond
- A passing score on the licensing exam or an acceptable public adjuster license from another state
- $100 fee
For more information about the public adjuster license requirements in Delaware, please contact:
Delaware Department of Insurance
1351 W. North Street, Suite 101
Dover, DE 19904
Phone: (302) 674-7300
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What Our Clients Have To Say?
Quick response times and turn around for issuing bonds. Great customer service and very knowledgeable. We have used Lance Surety multiple times and have never been disappointed. Highly recommend them and Collette!
Long story short, these guys cut through the B.S. and get the job done. Responsiveness, excellent! Communication, excellent! Respect for their industry partners, excellent! John, Collette, Ryan, you're all-stars! Thank you!
We decided for Lance Surety Bond's quote for 2 reasons; Price and Customer Service. Our Representative Ryan was just SUPERB!! [...] I highly recommend Lance Surety Bond for all your Bonding needs! I'll definitely come back for all of mine. :-) Thanks Ryan!
Quick response times and turn around for issuing bonds. Great customer service and very knowledgeable. We have used Lance Surety multiple times and have never been disappointed. Highly recommend them and Collette!
Long story short, these guys cut through the B.S. and get the job done. Responsiveness, excellent! Communication, excellent! Respect for their industry partners, excellent! John, Collette, Ryan, you're all-stars! Thank you!
We decided for Lance Surety Bond's quote for 2 reasons; Price and Customer Service. Our Representative Ryan was just SUPERB!! [...] I highly recommend Lance Surety Bond for all your Bonding needs! I'll definitely come back for all of mine. :-) Thanks Ryan!