Public Adjusters in New Jersey

A public adjuster is a licensed professional who represents the policyholder’s interest in preparing, presenting, and negotiating first-party property insurance claims. They help you document damages, interpret your policy, and work directly with your insurer to pursue a full and fair settlement.

Yes. Under New Jersey law, no individual, firm, association, or corporation may act as a public adjuster on behalf of an insured unless they are licensed by the New Jersey Department of Banking and Insurance (DOBI) under the Public Adjusters’ Licensing Act (N.J.S.A. 17:22B-3 and N.J. Admin. Code § 11:1-37).

• Be at least 18 years old and of good reputation.
• Pass the New Jersey Public Adjuster Exam administered by PSI (typically 70 questions, ~3.5 hours).
• Complete Live Scan fingerprinting and provide the PCN.
• Purchase and file a $10,000 surety bond with the state.
• Submit an application with photographs, exam report, bond, and fee to NJ DOBI.

In New Jersey, public adjusters are required to complete 15 hours of approved continuing education (CE) every two years to qualify for license renewal. This ensures adjusters stay current with industry practices and regulations.

• The services the adjuster will provide.
• The fee or compensation arrangement.
• Terms of cancellation or revocation of the agreement.
• The adjuster’s license number and contact information.

New Jersey doesn’t set a specific statutory cap on adjuster fees, but compensation must be clearly disclosed in the contract you sign with your adjuster. Many firms base fees on a contingency percentage of the settlement amount, though this must be transparent and agreed in writing.

• Public Adjuster: Works for you, the policyholder, documenting and negotiating your claim.
• Insurance Company Adjuster: Works for the insurer and evaluates claims from the company’s perspective.

• Your property has significant or complex damage.
• The insurer’s initial settlement seems too low.
• You want expert documentation and negotiation support.

Yes. New Jersey allows non-resident public adjuster licenses, provided you meet age, fingerprint, bond, exam, and application requirements. Some exam waivers may apply if you hold a substantially similar license in your home state.