Oklahoma Public Adjuster Bond

An Oklahoma public adjuster bond is required from both resident and non-resident insurance adjusters operating in the state. The statutes authorize licensing of public and emergency/catastrophe adjusters. It is important to understand the difference as the surety bond requirements may not apply to the emergency licensee if sponsored by a current licensee. Pursuant to Oklahoma Statutes 36 O.S. 6201 the public adjuster bond must guarantee specific obligations.

• The surety bond must be conditioned on the accounting by the adjuster to any insured whose claim the adjuster is handling for monies or any other settlement received in connection with the claim.

The Oklahoma public adjuster bond must be written in the amount of twenty five thousand dollars ($25,000), be issued and countersigned by and insurance company and producer licensed to do business in the state and in favor of the people of the State of Oklahoma. Along with the public adjuster bond an applicant for certain license categories is required to offer other documents. If applying for a multi-peril crop adjuster license the applicant must attach a copy of his or her CAPP card and if apprentice license, a completed copy of the AT-1 application. The Commissioner of Insurance can process initial licenses. Thereafter renewals may be accomplished through the NIPR. Questions may be directed to the Commerce Department at:

OKLAHOMA INSURANCE DEPARTMENT
3625 NW 56th, Suite 100
Oklahoma City, OK 73112-4511
(405) 521-3916 or Fax: (405) 522-3642
Toll Free In-State: 800-522-0071

Oklahoma surety bond leader, Surety One, Inc. is a specialist in the bonding needs of independent and public adjusters. We offer both the surety and fidelity bonds needed by insurance claims professionals in all fifty states, Puerto Rico and the U.S. Virgin Islands. Questions about this surety bond? Call us at (800) 373-2804, email us at Underwriting@SuretyOne.com or click here for live chat. A Oklahoma public adjuster bond is quick, easy and issued within hours.

Surety bond application review and quoting are free of charge. There is no obligation to purchase.

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Obligee's Bond Form