Kentucky Public Adjuster Bond
Surety Bond for Kentucky Insurance Adjusters
Term Options
Renew less often, save time and money by choosing a longer bond term!
General Information
Important Update for Kentucky Public Adjusters: Bond Amount Increased to $50,000
Kentucky law now requires public adjusters to post a $50,000 surety bond, increased from the prior $20,000 minimum. This change was enacted through HB 232 Chapter 11, passed by the Commonwealth of Kentucky General Assembly. The updated requirement applies to all new and renewing licenses. Our pricing below reflects the updated law and offers flexible term options.
Why do I need a Kentucky Public or Independent Adjuster Bond?
The Kentucky Insurance Division requires all insurance adjusters to maintain either a $50,000 surety bond if you are licensed as a public adjuster. This bond protects clients by ensuring compliance with state laws and ethical practices when representing policyholders during insurance claims.
Fast & Simple Bond Solutions – No Application or Credit Check Required
- Issued Quickly: Most bonds are emailed within minutes during business hours.
- No Credit Checks or Underwriting: Approval is instant and hassle-free.
- Flexible Terms: Choose 1, 2, or 3 years depending on your needs.
- Multi-Year Discounts: Save more by locking in a longer term.
- Reliable Support: Our team is here if you need assistance at any point.
KY Public Adjuster Bond Pricing
| Bond Amount | Bond Term | Premium Cost | Order |
|---|---|---|---|
| $50,000 Bond for Public Adjusters | 1 Year | $356.03 |
$356.03 Buy Now |
| $50,000 Bond for Public Adjusters | 2 Years | $624.03 (Save $87) |
$624.03 Buy Now |
| $50,000 Bond for Public Adjusters | 3 Years | $890.75 (Save $175) |
$890.75 Buy Now |
Purchase Now
Financial Responsibility Condition for Kentucky Adjusters: Adjuster Bond Requirements .
Kentucky law now requires all public adjusters to maintain a $50,000 surety bond for the duration of the license. The updated requirement applies to all new and renewing licenses. To demonstrate financial responsibility, any person that is applying for a public adjuster license must obtain either an irrevocable letter of credit or a bond. The bond protects the public by ensuring that anyone in Kentucky who suffers a financial loss due to a public adjuster’s wrongful actions, negligence, or fraudulent or unfair trade practices may recover damages through the bond. At BondAbility, we are familiar with Kentucky's bond requirement and will issue your bond to be in favor of the State of Kentucky. Our pricing below reflects the updated law and offers flexible term options.
Bond Details at a Glance
- Bond Amount: $50,000 for Public Adjusters
- Term Options: 1, 2, or 3 years
- Prices: Starting at $356.03
- Credit Check Required: No
- Obligee: Kentucky Insurance Division
- Obligee Address: 1963 Bell Avenue, Suite 100, Des Moines, IA 50315
Frequently Asked Questions
Why did the bond amount increase for public adjusters?
The Iowa Legislature passed House File 2516, which raised the required bond amount to $50,000 for public adjusters. This increase is meant to strengthen consumer protections.
Do I need to purchase a bond if I'm applying for an Independent Adjuster license in Kentucky?
Yes. Effective July 1 2025, the Iowa Legislature passed a bill which now requires the licensing of Independent Adjusters. As part of the licensing requirements, independent adjusters will need to post a $50,000 surety bond. To read more, please refer to the Iowa Insurance Divisions Iowa Insurance Division website.
Do I need a new bond to renew my license?
Yes. All new and renewal applications must meet the $50,000 bond requirement.
Is a credit check or application required?
No. These bonds are issued instantly with no credit inquiry or paperwork.
What are my term options?
You can choose 1, 2, or 3-year terms depending on your budget and licensing cycle. Multi-year terms offer discounts.
How fast will I get my bond?
Your bond will be emailed within minutes during business hours.