Who requires it
Montana Commissioner of Securities and Insurance
License & permit · Montana
Montana Public Adjuster Bond
Montana public adjuster applicants must file a $5,000 bond with the Commissioner of Securities and Insurance as part of licensing. The commissioner’s licensing page states the bond and copies of the adjuster’s contracts are required to obtain the public adjuster license. MCA 33-17-302 separately requires every public adjuster written contract filed with the commissioner to state that the adjuster is fully bonded under state law. Keep the bond in force for the license so that statement stays true.
Common bond amount
$5,000
Required for public adjuster licensing. Written contracts must state that you are bonded (MCA 33-17-302).
How you file
Filed with the insurance commissioner for licensing
Renewal
Keep in force while licensed; keep contract bonding statement current
Who requires it
Applicants for Montana public adjuster licenses filing with the Commissioner of Securities and Insurance.
How much is required
The insurance commissioner requires a $5,000 public adjuster bond. Confirm current filing instructions when you apply.
How to get and file it
Arrange a $5,000 public adjuster bond in the exact applicant legal name, file it with the insurance commissioner as licensing instructs, and include the required contract copies with the public adjuster application. Keep the bond in force for as long as you hold the public adjuster license. Replace coverage before any cancellation, and keep contract statements consistent with an active bond.
Cost note
Five thousand dollars is the required bond amount, not the premium you pay. See bond amount vs premium. Bond amount vs premium →
Requirement checklist
- Required amount
- $5,000
- Accompanying filing
- Copy of public adjuster contracts as the commissioner requires
- Contract attestation
- Must state the public adjuster is fully bonded pursuant to state law
Official sources
Frequently asked questions
Is this bond required for company or independent adjusters working for insurers?
The commissioner’s $5,000 bond statement on the licensing page is directed at public adjuster licensure. Other adjuster classes follow their own licensing paths—confirm whether your credential is a public adjuster license before ordering this bond.
Do my client contracts have to mention the bond?
Yes. MCA 33-17-302 requires public adjuster written contracts filed with the commissioner to include attestation language stating the public adjuster is fully bonded pursuant to state law.
Related Montana bond guides
Notary Public Bond
$25,000
Montana applicants for a new or renewed notary public commission must obtain a $25,000 bond under MCA 1-5-619. The statute accepts a surety bond or another form the Secretary of State accepts, from an issuer authorized in Montana, on the Secretary of State’s form. The bond covers acts during the four-year commission, and you may notarize only while a valid bond remains on file. The surety must give the Secretary of State thirty days’ notice before cancelling and must notify the office within thirty days after paying a claim. The Secretary of State’s notary guidance confirms the $25,000 amount, requires the standardized bond form that includes the statement and oath of office, and expects any bond effective date to fall within thirty days before or after the application is received.
Mortgage Broker / Lender / Servicer Bond
$25,000–$350,000
Montana mortgage brokers, lenders, and servicers must keep a surety bond under MCA 32-9-123. You need a separate bond for each license type—broker, lender, and servicer—even if one company holds more than one. Broker and lender amounts follow combined annual residential loan production: $25,000 up to $50 million of production, $50,000 for more than $50 million through $100 million, and $100,000 above $100 million. Servicer amounts follow unpaid loan balances as of December 31: $75,000, $150,000, $250,000, or $350,000. New broker or lender applicants with little or no history start at $25,000 under ARM 2.59.1735. Employee mortgage loan originators are usually covered by the employer’s bond. File electronically through NMLS. The surety may cancel only after thirty days’ written notice to the department through NMLS.
Motor Vehicle Dealer Bond
$5,000–$50,000
Montana motor vehicle dealers, brokers, wholesalers, and auto auctions must file a surety bond with the Motor Vehicle Division under MCA 61-4-101. Most businesses need $50,000. Dealers limited to motorcycles or quadricycles need $15,000. Dealers limited to motorboats, personal watercraft, snowmobiles, or off-highway vehicles—other than highway-equipped motorcycles—need $5,000. Form MV22 requires an original bond that expires December 31 of the current license year, names the State of Montana, and lists the exact dealer license type. The department must approve the bond, keep it on file, and see it renewed every year.
Surety basics (not repeated here)
Universal surety concepts explained once—linked here instead of repeated on every state or bond page.
Continue with a Montana application
Montana will be preselected. Choose your bond type in the application—we confirm the correct product against your agency form before anything is issued.
Last verified 2026-08-12. This guide is based on verified educational content and official sources.
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