Pursuant to IC 27-1-27, a Public Adjuster renders advice or assistance to the insured in the adjustment of a claim or claims for loss or damages under any policy of insurance covering real or personal property and any person or corporation who, or which, advertises, solicits business, or holds itself out to the public as an adjuster of such claims. No individual or business entity shall act within the state as a public adjuster, or receive, directly or indirectly, compensation for services rendered in the adjustment of any claim or claims on insurance policies.
A license candidate must file with the commissioner of insurance an Indiana public adjuster bond in a sum equal to ten thousand dollars ($10,000) payable to the state of Indiana. The surety bond must be conditioned on the principal's faithful performance and discharge of the principal's duties under this licensing statute and under any rule of the department of insurance. An Indiana public adjuster bond must be renewed annually and run concurrently with the license which expires December 31st of each year. Surety bonds and application materials may be submitted through the NIPR or SIRCON platforms. Paper applications should be submitted to:
Indiana Department of Insurance
Public Adjuster Licensing
311 West Washington Street
Indianapolis, IN 46204-2787
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