Apply for a Tennessee Surety Bond today! Absolute Surety is a leading TN bonding company. Apply easily online and take advantage of lowest rates. Quickly browse the bonds we offer for this state, or contact us for a full list.
Resident of Tennessee or eligible for a non-resident license
Trustworthy and of good reputation
Maintains an office with regular business hours and/or availability by appointment
Tennessee public adjuster applicants also need to pass a licensing exam. Businesses obtaining this license must designate a public adjuster responsible for the business’s legal compliance.
Licensed adjusters must maintain a $50,000 surety bond and $500,000 in errors and omissions insurance. Public adjusters’ license fee is $100, and applicants also undergo a fingerprint background check. Licenses are valid for two years.
How much does this bond cost?
Tennessee public adjusters need to get a $50,000 surety bond—but that’s far from the actual price you’ll pay for your bond. You’ll pay a premium that’s dependent on a review of your financial history and the bond’s term. With good credit, you could pay as little as $500 for your public adjuster bond.
The surety bond is the licensee’s promise that they will conduct business according to the Tennessee Public Adjuster Licensing Act of 2006. If you violate any of those laws or any other laws the public adjuster license is subject to, a claim may be brought against the bond. If any claims are proven and paid out by the surety, you must reimburse the surety for those claims.