Bonding requirements

Public Adjusters, both corporate and non-affiliated individuals, are required to file an INS-21 in the amount of $5,000. The amount does not change with additional affiliates.

Title Plants (business entity) are required to have one of the following:

  • A $200,000 guarantee letter from each appointing insurer in accordance with RCW 48.29.155 (5) or
  • A complete copy of a fidelity insurance policy or fidelity bond (Form INS-08) in the amount of $200,000 with the Washington Insurance Commissioner listed as a Certificate Holder or
  • A complete copy of a fidelity insurance policy or fidelity bond (Form INS-08) in the amount of $200,000 with the Washington Insurance Commissioner listed as a Certificate Holder and with a deductible of no more than $10,000 and
    A surety bond (Form INS-09) in the amount of the deductible with the State of Washington as the obligee.