IL public adjuster business bonds.
$1,500 flat. Five minutes.
Illinois requires a public adjuster business entity to file a $50,000 bond with the Department of Insurance for its firm license. Ours is $1,500 flat — 3% of the bond amount, identical for every firm — and license bonds like this are the fastest thing we issue.
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Three steps. One sitting.
License bonds are the simplest thing in surety. Here's the entire process:
Apply online
Your firm's details, FEIN, and an effective date. That's the application — no financials, no credit check section.
Pay & e-sign
License bonds like this are among the thousands of bond types that issue right after purchase. At most, 1–2 business days.
File with the Department of Insurance
Your executed bond arrives by email, ready to file with your public adjuster business license application or renewal. Wet-ink original mailed on request.
The whole pricing page.
$50,000 bond × 3% = $1,500, one-time per term. Fixed amount, fixed price, multi-year if you want it.
What it is and who needs it.
What the bond actually guarantees
Illinois licenses public adjusters — including business entities (firms) — through the Department of Insurance under Article XLV of the Insurance Code (215 ILCS 5). A public adjuster negotiates insurance claims on behalf of policyholders, often handling claim funds, so the state conditions the license on a surety bond.
The bond is a policyholder-protection guarantee: it stands behind the firm's compliance with the public adjuster law and its proper handling of the money it manages on clients' behalf. The obligee is the People of the State of Illinois, and harmed clients are the protected parties. Effective for 2024, the required amount is $50,000.
It is a continuous bond — it stays in force until canceled (a surety must give the Director 30 days' written notice to cancel). If the firm mishandles client funds or violates adjuster law and a claim is paid, the firm repays the surety. We issue the $50,000 bond at a flat $1,500 with no credit check.
You need this bond if you're
Five minutes. The whole thing.
These are the actual issuing fields, including your firm's FEIN to print on the bond — no credit check section, because this bond doesn't have one.
Start the application →Common questions.
If yours isn't here, the bond team can usually answer within the hour.
How much is the Illinois public adjuster business bond? +
Do I pay the $50,000? +
Is this the business or individual bond? +
Is there a credit check? +
When does it renew? +
Other New York bonds.
Finish your firm license checklist today.
$1,500 flat, five-minute application, bond often issued in the same sitting. Free until issued.