Public Insurance Adjuster Bond

Florida Public Insurance Adjuster Bond

DFS $50,000 public adjuster surety under Fla. Stat. § 626.865

Florida public adjusters must file and maintain a $50,000 surety bond with the Department of Financial Services on Form DFS-H2-72.

Overview

What Is a Florida Public Insurance Adjuster Bond?

A Florida public adjuster bond is the $50,000 surety obligation that guarantees faithful performance of public adjuster duties under Chapter 626.

Key Provisions
  • Guarantees compliance with Fla. Stat. § 626.865
  • Protects the obligee named on the Florida bond form
  • Remains subject to the penal sum and bond conditions
Surety Obligation Overview

What Does This Bond Guarantee?

The surety bond guarantees that the principal will perform the duties required under Fla. Stat. § 626.865 up to the penal sum.

Principal
The party required to obtain the bond and perform the underlying obligation.
Obligee
Florida Department of Financial Services
Surety
The company issuing the bond and guaranteeing the obligation to the obligee.

When a claim may arise

A claim may arise if the principal fails to comply with the bonded Florida obligation or causes covered loss to the obligee or protected parties.

If a claim is valid

If a claim is valid, the surety may pay up to the bond penalty according to the bond terms; the principal remains liable to reimburse the surety.

Scope of the Obligation
  • Comply with Fla. Stat. § 626.865
  • Satisfy Florida Department of Financial Services filing conditions
  • Maintain the bond for the required term
Bond terms

Bond summary

Amount, premium, term, and the authority that requires this filing.

Eligibility

Who Needs This Bond?

Applicants for a Florida public adjuster license must file this bond at application and keep it unimpaired while licensed.

Who Is Required to File
  • Applicants required by Florida Department of Financial Services (DFS)
  • Florida businesses renewing or expanding licensed activity
  • Out-of-state firms filing into Florida markets
Requirements

What You Need to Apply

File Form DFS-H2-72 for $50,000 with DFS, keep the bond in force for one year after license expiration or termination, and use a Florida-licensed countersigning agent as required on the form.

Required Documentation
  1. Legal entity name matching the license or filing
  2. Bond amount: $50,000 public adjuster surety bond (Form DFS-H2-72)
  3. Florida obligee form or statute citation
  4. Owner or officer identification for underwriting
Filing

How this filing works

  1. 01

    Confirm the Florida requirement

    Share your license type, court order, or obligee form and the exact penal sum required by Florida Department of Financial Services (DFS).

  2. 02

    Underwrite and price

    We review credit and filing details, then quote premium options through licensed surety markets.

  3. 03

    Issue and file

    Once approved, we issue the bond for delivery to Florida Department of Financial Services or for your Florida filing package.

FAQ

Frequently Asked Questions

What is the required amount for a Florida public insurance adjuster bond?

The amount is $50,000 public adjuster surety bond (Form DFS-H2-72), as set under Fla. Stat. § 626.865 and confirmed with Florida Department of Financial Services (DFS).

Who is the obligee on a Florida public insurance adjuster bond?

The obligee is typically Florida Department of Financial Services. Always match the exact name on the Florida form.

How long does it take to get the bond?

Many Florida filings can be underwritten the same day when documents and credit are complete; complex amounts may take longer.

Does bad credit prevent approval?

Not always. Premium and collateral options vary by credit and bond size — ask for markets that still write the risk.

How do I renew the bond?

Most bonds renew on the term shown (1 Year). Keep continuity so your Florida license or filing does not lapse.

Authority Resources

Florida Department of Financial Services (DFS)

myfloridacfo.com

Next step

Ready to file this bond?

We’ll match the requirement and route the application.

Apply for this bond

Or call (877) 477-7578