Insurance Adjuster Bond

Arizona Insurance Adjuster Bond

DIFI adjuster licensing bond for Arizona claim work

Arizona adjuster licensees must submit and maintain a surety bond on DIFI Form L-195 as part of licensing under A.R.S. § 20-321.

Overview

What Is a Arizona Insurance Adjuster Bond?

An Arizona insurance adjuster bond is the DIFI surety filing that supports an adjuster license for persons who adjust, investigate, or negotiate insurance claim settlements for an insurer or insured.

Key Provisions
  • Guarantees compliance with A.R.S. § 20-321 - DIFI Form L-195
  • Protects the obligee named on the Arizona 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 A.R.S. § 20-321 - DIFI Form L-195 up to the penal sum.

Principal
The party required to obtain the bond and perform the underlying obligation.
Obligee
Arizona Department of Insurance and Financial Institutions
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 Arizona 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 A.R.S. § 20-321 - DIFI Form L-195
  • Satisfy Arizona Department of Insurance and Financial Institutions 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?

Individuals and business entities applying for or renewing an Arizona adjuster license through DIFI generally need this bond unless a statutory exemption applies.

Who Is Required to File
  • Applicants required by Arizona Department of Insurance and Financial Institutions (DIFI)
  • Arizona businesses renewing or expanding licensed activity
  • Out-of-state firms filing into Arizona markets
Requirements

What You Need to Apply

Submit Form L-195 with the surety power of attorney and keep the $10,000 bond in force for the license term.

Required Documentation
  1. Legal entity name matching the license or filing
  2. Bond amount: $10,000 surety bond on DIFI Form L-195 for Arizona adjuster licensure
  3. Arizona obligee form or statute citation
  4. Owner or officer identification for underwriting
Filing

How this filing works

  1. 01

    Confirm the Arizona requirement

    Share your license type, court order, or obligee form and the exact penal sum required by Arizona Department of Insurance and Financial Institutions (DIFI).

  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 Arizona Department of Insurance and Financial Institutions or for your Arizona filing package.

FAQ

Frequently Asked Questions

What is the required amount for an Arizona insurance adjuster bond?

The amount is $10,000 surety bond on DIFI Form L-195 for Arizona adjuster licensure, as set under A.R.S. § 20-321 - DIFI Form L-195 and confirmed with Arizona Department of Insurance and Financial Institutions (DIFI).

Who is the obligee on an Arizona insurance adjuster bond?

The obligee is typically Arizona Department of Insurance and Financial Institutions. Always match the exact name on the Arizona form.

How long does it take to get the bond?

Many Arizona 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 Arizona license or filing does not lapse.

Authority Resources

Arizona Department of Insurance and Financial Institutions (DIFI)

difi.az.gov

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