{"id":1206,"date":"2013-06-09T03:22:07","date_gmt":"2013-06-09T03:22:07","guid":{"rendered":"http:\/\/suretyone.com\/blog\/?p=1206"},"modified":"2017-01-03T16:20:33","modified_gmt":"2017-01-03T16:20:33","slug":"georgia-public-adjuster-bond","status":"publish","type":"post","link":"https:\/\/suretyone.com\/blog\/georgia-public-adjuster-bond\/","title":{"rendered":"Georgia Public Adjuster Bond"},"content":{"rendered":"<p>Current state Code requires a <strong><a title=\"Surety One\" href=\"https:\/\/suretyone.com\" target=\"_blank\">Georgia public adjuster bond<\/a><\/strong> from all parties that wish to adjust insurance losses.\u00a0&#8220;Public adjuster&#8221; is defined in GA <a title=\"GA pub adj laws\" href=\"http:\/\/www.lawskills.com\/code\/ga\/33\/23\/1\/\" target=\"_blank\">\u00a733-23-1<\/a> as\u00a0any person who solicits, advertises for, or otherwise agrees to represent a person who is insured under a policy covering fire, windstorm, water damage, and other physical damage to real and personal property other than vehicles licensed for the road, such representation being limited to the settlement of a claim or claims under the policy for damages to real and personal property, including related loss of income and living expense losses but excluding claims arising out of any motor vehicle accident. \u00a0The <strong>Georgia public adjuster bond<\/strong>\u00a0is required under <a title=\"GA pub adj bond req law\" href=\"http:\/\/www.lexisnexis.com\/hottopics\/gacode\/\" target=\"_blank\">\u00a733-23-6<\/a>, which simply states, &#8220;In addition to other applicable provisions of this chapter, an applicant for a public adjuster&#8217;s license must have previously filed a bond as required by rule or regulation of the Commissioner.&#8221; \u00a0In order to \u00a0understand the obligation it is necessary to review <a title=\"GA Rule on adj bonds\" href=\"http:\/\/www.oci.ga.gov\/ExternalResources\/ANNOUNCEMENTS\/2045PR-832012115752.pdf\" target=\"_blank\">Rule 120-2-3-.18<\/a>. \u00a0The <strong><a title=\"GA pub adj bond form\" href=\"http:\/\/www.oci.ga.gov\/ExternalResources\/Forms\/AllForms\/GID-113-AL.pdf\" target=\"_blank\">Georgia public adjuster bond<\/a>\u00a0<\/strong>must be written in the amount of five thousand dollars ($5,000). \u00a0The surety bond must be written in favor of the Commissioner and shall be contingent upon: (a) Proper accounting for any monies; (b) Proper reporting to any principal; (c) Payment to the <a title=\"GA DOI\" href=\"http:\/\/www.oci.ga.gov\/Agents\/FAQ-Adjusters.aspx\" target=\"_blank\">Commissioner<\/a>\u00a0of any fees or administrative fines. \u00a0The <strong>Georgia public adjuster bond\u00a0<\/strong>must be continuous in nature. \u00a0Pursuant to the Commissioner&#8217;s Rule, release of the surety bond is contingent upon the lapse of five (5) years following the termination of the license requiring the bond or replacement by another surety bond which covers any unreported acts or claims occurring during the term of the previous one. \u00a0So, according to the &#8220;Rule&#8221; the <strong><a title=\"Surety One commercial surety page\" href=\"https:\/\/suretyone.com\/commercial-surety-bonds\" target=\"_blank\">Georgia public adjuster bond<\/a><\/strong> is purportedly &#8220;uncancelable&#8221;. \u00a0The surety bond FORM however states that the surety has the right to cancel the obligation at any time by a written notice, stating when the cancellation is take effect, and served on or sent by registered mail to the Commissioner at least 60 days prior to the date that the cancellation become effective. \u00a0Based on the general rule that the surety&#8217;s obligation cannot be extended beyond the strict language of the bond form, it is fairly safe to assume cancelability. \u00a0The form is devoid of forfeiture or cumulative language.<\/p>\n<p><strong>Georgia surety leader<\/strong>,\u00a0<a title=\"Surety One\" href=\"https:\/\/suretyone.com\/\" target=\"_blank\">Surety One, Inc.<\/a>\u00a0will\u00a0issue this class of surety bond for ALL applicants, regardless of credit condition. \u00a0Do you operate in multiple states? \u00a0We offer these in EVERY state where\u00a0<span style=\"text-decoration: underline;\"><em>independent adjuster bonds<\/em><\/span>\u00a0and\u00a0<span style=\"text-decoration: underline;\"><em>public adjuster bonds<\/em><\/span>\u00a0are required.\u00a0Visit us at\u00a0<a title=\"Surety One\" href=\"https:\/\/suretyone.com\/\" target=\"_blank\">SuretyOne.com<\/a>, call\u00a0<span style=\"color: #ff0000;\">(787) 333-0222<\/span>\u00a0or\u00a0<span style=\"color: #ff0000;\">(800) 373-2804<\/span>, or email\u00a0<span style=\"color: #ff0000;\">Underwriting@SuretyOne.com<\/span>\u00a0for a\u00a0<strong>Georgia public adjuster bond<\/strong>\u00a0application or further information about surety bonding.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Current state Code requires a Georgia public adjuster bond from all parties that wish to adjust insurance losses.\u00a0&#8220;Public adjuster&#8221; is defined in GA \u00a733-23-1 as\u00a0any person who solicits, advertises for, or otherwise agrees to represent a person who is insured&#8230; <a class=\"more-link\" href=\"https:\/\/suretyone.com\/blog\/georgia-public-adjuster-bond\/\">Continue Reading &rarr;<\/a><\/p>\n","protected":false},"author":1,"featured_media":1222,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"image","meta":[],"categories":[84],"tags":[1508,1507,1504,1506,1505],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v17.7.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Georgia Public Adjuster Bond &bull; Surety One, Inc.<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/suretyone.com\/blog\/georgia-public-adjuster-bond\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Georgia Public Adjuster Bond &bull; Surety One, Inc.\" \/>\n<meta property=\"og:description\" content=\"Current state Code requires a Georgia public adjuster bond from all parties that wish to adjust insurance losses.\u00a0&#8220;Public adjuster&#8221; is defined in GA \u00a733-23-1 as\u00a0any person who solicits, advertises for, or otherwise agrees to represent a person who is insured... 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