CO Public Adjuster Bond

This surety bond may also be referred to as a Public Insurance Adjuster Bond or an Adjuster Bond.

What is a surety bond, and why do I need one for my Colorado Insurance Adjuster License?

A surety bond is a three-way agreement between a Principal (the applicant for a Colorado Insurance Adjusters License), an Obligee (the State of Colorado, Division of Insurance), and a surety company (the company backing the bond). If you are applying for, or renewing, your Colorado Insurance Adjusters License, you are required to file this bond. This bond is NOT an insurance policy for the Principal; instead, a surety bond protects consumers against any dishonest or unlawful acts committed by the bonded public insurance adjuster. These acts include but are not limited to: omissions, fraud, deceit, or misrepresentation. Specifically, this bond ensures the licensed insurance adjuster will adhere to Title 10, Articles 2 & 3 of the Colorado Revised Statutes

This $20,000 bond is issued for 1-3 years, and does not require a credit check with application. The costs of the bond are as follows:

  • 1 year – $200
  • 2 years – $350
  • 3 years – $500

In the event that there is a claim filed against this bond, the surety company will make initial payments to the injured party. The Principal is then obligated to repay all damages in full, including any potential fees or penalties. In addition to repayment, the surety company may revoke the bond, at which point the Public Insurance Adjusters License will be invalid until a new bond is filed. It is important to completely understand and adhere to the terms of your license and bond to avoid any claims. A history of claims will complicate any future bond applications, as each claim is a mark against your “credit” in the bond industry.

This surety bond specifically authorizes the Colorado Commissioner of Insurance to recover restitution against this surety bond for any person in this state who sustains damages resulting from the Principal's erroneous acts, failure to act, conviction of fraud, or conviction of unfair practices in his or her capacity as a public adjuster.
Anyone applying for or renewing their Insurance Adjuster License in the state of Colorado must file this $20,000 bond with the Division of Insurance of the State of Colorado.
The costs of the bond are as follows:

1 year - $200
2 years - $350
3 years - $500
To apply for your Colorado Public Insurance Adjusters Bond, complete and submit the application below. You may also download a .pdf application, and email it to, or fax it to (949)361-9926. If you choose to email or fax your application, please download and complete a payment form and attach it to your documents.
Your bond will be issued within 1-3 days after you submit a completed application and payment.
Please note that the effective date must be within 30 days of the issuance date.