North Dakota Public Adjuster Bond Quick Answers

Start My North Dakota Bond Quote

North Dakota Public Adjuster Bond Cost

The North Dakota Public Adjuster Bond cost depends on the required $20,000 bond amount and selected term length. Jet lists monthly and multi-year options for eligible public adjuster applicants.

Bond Amount vs Bond Cost

The bond amount is the minimum coverage required by North Dakota. The bond cost, also called the premium, is the price paid to purchase the bond. These are not the same thing.

Check My North Dakota Public Adjuster Bond Price

Which North Dakota Adjuster Bond Do I Need?

North Dakota’s bond requirement applies to public adjuster licensing. Use the exact applicant name and license type shown on your North Dakota Insurance & Securities Department, NIPR, or application paperwork when requesting your quote.

Important: North Dakota’s public adjuster license is separate from insurer-side independent or staff adjusting. The Department states that independent or staff adjusters representing an insurance company do not require licensing in North Dakota.

Not sure which bond applies? Contact Jet at (855) 516-3348 or [email protected] before starting your quote.

What You Need to Start a North Dakota Public Adjuster Bond Quote

Start My North Dakota Public Adjuster Bond Quote

Who Needs a North Dakota Public Adjuster Bond?

What Is the Purpose of a North Dakota Public Adjuster Bond?

A North Dakota Public Adjuster Bond is a license surety bond used to satisfy North Dakota’s public adjuster financial responsibility requirement. The bond must be maintained at license issuance and throughout the license term.

The bond is for the use and benefit of the commissioner for insureds that have remitted fees, retainers, compensation, deposits, or other things of value to the public adjuster in the course of the public adjuster’s business.

North Dakota Public Adjuster Bond vs Insurance

The North Dakota Public Adjuster Bond protects others. It is not insurance for the public adjuster. If the surety pays a valid claim, the bonded public adjuster or business entity must reimburse the surety.

North Dakota Public Adjuster License Rules to Know

North Dakota licenses public adjusters under Chapter 26.1-26.8 of the North Dakota Century Code. Public adjusters must comply with state licensing rules, contract requirements, continuing education, record retention, and standards of conduct.

• Public adjusters may assist only insureds with first-party claims.
• A person may not operate as or represent that the person is a public adjuster in North Dakota unless licensed as a public adjuster.
• Resident and non-resident public adjuster applicants must maintain a surety bond of at least $20,000.
• The bond may not be terminated unless written notice has been filed with the commissioner and submitted to the public adjuster at least 30 days before termination.
• The authority to act as a public adjuster automatically terminates if financial responsibility terminates or becomes impaired.
• Business entities must designate a resident or non-resident public adjuster responsible for compliance with North Dakota insurance laws, rules, and regulations.
• Individual resident and non-resident public adjusters must complete 24 credits of continuing education, including 3 ethics credits, on a biennial basis, unless an exception applies.
• A licensee must report a change of legal name, mailing address, or other application information within 30 days after the change.
• A licensee doing business under a name other than the licensee’s legal name must notify the commissioner before using the assumed name.

North Dakota Public Adjuster Contract and Conduct Rules

North Dakota requires public adjuster contracts to be in writing and include required items such as the public adjuster’s full name, business address, telephone number, license number, the title “Public Adjuster Contract,” the insured’s information, a description of the loss and services, signatures, dates, attestation language stating that the public adjuster is fully bonded, and the specific compensation amount.

North Dakota also requires the insured to receive a separate claim-process disclosure before signing the contract. The contract must be executed in duplicate, and the insured has the right to rescind the contract within three business days after the claim is submitted to the insurer.

Public adjusters must maintain complete transaction records for at least six years after termination of the transaction with an insured, and the records must be open to examination by the Department.

How the North Dakota Public Adjuster Bond Process Works

Who Files the North Dakota Public Adjuster Bond?

North Dakota public adjuster bond filing should follow the instructions provided by the North Dakota Insurance & Securities Department, NIPR, or the applicant’s license application. NIPR currently states that public adjuster applicants must submit the $20,000 bond requirement to [email protected].

NIPR Filing Guidance

NIPR allows public adjuster applications to be submitted electronically for individuals and provides licensing rules for public adjuster applicants. Supporting documents may be submitted through NIPR’s Attachments Warehouse when applicable, and the public adjuster bond requirement is currently directed to [email protected].

North Dakota Department Contact Information

If North Dakota instructs you to mail licensing documents, use the address provided by the Department, NIPR, or your application:

North Dakota Insurance & Securities Department
600 East Boulevard Avenue
Fifth Floor Dept. 401
Bismarck, ND 58505-0320
Phone: (701) 328-2440
Email: [email protected]
Fax: (701) 328-4880

Before Filing

Confirm that the applicant name, business entity name when applicable, bond amount, effective date, and license type match the North Dakota application. If the Department requests a specific filing method, follow that instruction.

Contact Jet at (855) 516-3348 or [email protected] and we can help confirm the filing method for your license.

Popular Public Adjuster Bond State Guides

Multi-State Public Adjusters

Working across state lines is common during catastrophe seasons and for national programs. Keep each public adjuster license organized so bonds, business entity filings, contract requirements, and renewal requirements do not lapse or get submitted incorrectly.

How to Avoid a North Dakota Public Adjuster Bond Claim

• Follow North Dakota Chapter 26.1-26.8 public adjuster licensing and conduct requirements.
• Maintain the $20,000 Public Adjuster Bond for the duration of the license.
• Notify the commissioner immediately if financial responsibility terminates or becomes impaired.
• Use written contracts that include all required North Dakota public adjuster contract terms.
• Provide the insured with the required claim-process disclosure before the contract is signed.
• Honor the insured’s three-business-day rescission right after the claim is submitted to the insurer.
• Keep complete transaction records for at least six years after the transaction with the insured ends.
• Properly account for fees, retainers, compensation, deposits, and other things of value received from insureds.
• Avoid misrepresentation, improper withholding, misappropriation, conversion of money or property, unfair practices, and conflicts of interest.
• Do not represent or act as a company adjuster or independent adjuster while licensed as a public adjuster in North Dakota.
• Complete required continuing education when applicable.
• Report required name, address, administrative action, and criminal conviction changes within the required timeframes.

What Happens if a Claim Is Filed?

Jet investigates, requests documents, and makes a decision. If the claim is valid, Jet pays up to the bond limit and then seeks reimbursement from the bonded principal under the indemnity agreement.

Read Jet’s Surety Bond Claims Guide

Want to Know More About Public Adjuster Bond Processes?

More public adjuster bond information is available in Jet’s Public Adjuster Bonds guide.

Questions about renewals, cancellations, or claims? Contact Jet at (855) 516-3348 or [email protected].

North Dakota Public Adjuster Bond FAQ

What is a North Dakota Public Adjuster Bond?

A North Dakota Public Adjuster Bond is a license surety bond required for resident, non-resident, and business entity public adjuster licensing.

Who needs a North Dakota Public Adjuster Bond?

Resident individual, non-resident individual, and business entity public adjuster applicants must provide proof of a surety bond for a minimum of $20,000.

How much does a North Dakota Public Adjuster Bond cost?

Jet lists the North Dakota Public Adjuster Bond at $10 monthly, $100 for one year, $175 for two years, or $250 for three years.

What North Dakota public adjuster bond limit do I need?

North Dakota requires a minimum $20,000 Public Adjuster Bond.

Do North Dakota public adjuster business entities need a bond?

Yes. North Dakota lists proof of a minimum $20,000 surety bond as a requirement for resident and non-resident public adjuster business entities.

Do independent adjusters or staff adjusters need this bond?

No. North Dakota states independent or staff adjusters representing an insurance company do not require licensing in North Dakota.

How do I buy a North Dakota Public Adjuster Bond online?

Start a quote online, select North Dakota and Public Adjuster Bond, review the available term options, and follow the filing instructions after purchase. For help, call Jet at (855) 516-3348 or email [email protected].

Is a North Dakota Public Adjuster Bond insurance?

No. A North Dakota Public Adjuster Bond is not insurance for the public adjuster. It protects others. If the surety pays a valid claim, the bonded public adjuster or business entity must reimburse the surety.

How is the North Dakota Public Adjuster Bond filed?

NIPR currently says public adjuster applicants must submit the $20,000 bond requirement to [email protected]. Follow the instructions provided by NIPR, the North Dakota Insurance & Securities Department, or your license application.

Where is the North Dakota Public Adjuster Bond filed?

NIPR lists the North Dakota Insurance & Securities Department address as 600 East Boulevard Avenue, Fifth Floor Dept. 401, Bismarck, ND 58505-0320. It also lists [email protected] for licensing email contact.

Can the North Dakota Public Adjuster Bond be cancelled?

Yes. The bond may not be terminated unless written notice is filed with the commissioner and submitted to the public adjuster at least 30 days before the termination.

What happens if the bond terminates?

The authority to act as a public adjuster automatically terminates if the evidence of financial responsibility terminates or becomes impaired.

When do North Dakota public adjuster licenses renew?

Individual public adjuster licenses renew on the last day of the individual’s birth month. Business entity public adjuster licenses expire on the two-year anniversary of issuance.

Can Jet help with public adjuster bonds in multiple states?

Yes. If you need public adjuster bonds in North Dakota and other states, contact Jet at (855) 516-3348 or email [email protected] to discuss the states, license types, bond limits, and filing instructions needed.