The Electronic Records Access Bond may be required by the State of Arizona Department of Transportation (ADOT) for all organizations who purchase electronic personal information from the Department of Motor Vehicles (DMV). The surety bond, provided by Jet Insurance Company, functions to protect the state of Arizona from financial damages caused through fraud or misuse of information collected that is relevant to the bond.
You can electronically access this bond from Jet in just minutes!
The price of the bond with Jet starts at $100 a year. There are multi-year and monthly options available as well. The rates shown below are examples of a preferred credit tier applicant, and are dependent on the bond limit set by the ADOT and the personal credit of the applicant.
|Bond Limit||Monthly Cost||Annual Cost|
Jet’s monthly payment option is one of a kind; keep the bond active as long as you need for one low monthly rate and cancel at any time.
The State of Arizona Department of Transportation is responsible for planning, building, and operating complex highway systems as well as providing title, registration and driver-license services for the public. The ADOT sits on top of a mountain of information and has a surety bond requirement for applicants seeking access to electronic records held by the DMV to guarantee these electronic records are utilized according to the Arizona Revised Statutes.
The Electronic Records Access Bond stands as a reassurance to the ADOT and the public that the applicant will not operate in fraudulent ways while accessing or distributing personal information. The last thing the ADOT wants is for a breach with their name attached to it and the bond can help mitigate losses with a quick infusion of cash.
Jet’s application is made to be simple. The bond application only requires basic personal information and the social security number of the applicant. No need to worry, we only pull a soft credit check and it just takes minutes. Once the application has been submitted, your approved rate will be made available to purchase.
A copy of the bond and receipt of transaction will be available for the applicant's personal records.
Jet will send you the original bond form with all necessary signatures so you can file it with the rest of the required paperwork to the Arizona DOT.
Applicants should mail their bond form and supplemental documents to the following address.
Electronic Data Services
Motor Vehicle Division
PO Box 2100
Phoenix, AZ, 85001
With Jet, that is possible! The applicant may request to cancel their bond by sending a written notice to Jet, email works the best. Once Jet receives the intent of cancellation, we will cancel the bond on our side, however we still need to submit the notice to the Arizona DOT. The ADOT will apply a 60-day cancellation period once they receive our notice in which time the bond will remain active.
The return premium will be calculated considering the remainder of time left on the bond as well as the 60-day cancellation provisional period.
Bonds purchased on a monthly basis, once cancelled, will have automatic monthly payments withdrawn until the 60-day period is up and the bond officially cancels with the Arizona DOT. During that period of time the bond remains fully active and Jet is liable for any damages.
If you are on the monthly payment schedule, you do not have to! As long as payments go through, the bond stays active.
Applicants that have purchased their bond on annual terms will only need to submit an annual payment to extend bond coverage. Jet will send a renewal reminder notice via email or mail prior to the expiration date of the bond with plenty of time for the applicant to make a payment.
Applicants wanting to operate within the State of Arizona will need to abide by the regulatory Statutes: Title 28, Chapter 2, Article 5. To avoid bond claims, applicants must not engage in the following activity, per 28-456 and 28-457.
If an applicant engages in any unlawful acts or violates any section of the relevant statute chapter, they will be guilty of a Class 1 misdemeanor.
The applicant will be subject to ADOT investigations and disciplinary repercussions by the Office of Inspector General if they commit any violations. Should there be fiscal damages the licensee does not rectify, the ADOT may pursue a bond claim.
Should the ADOT and other regulators come after the bond unfairly, please provide all evidence you have available to Jet. The Jet team will provide a defense within its capacity, but if the claim is valid, it is Jet’s surety duty to make the damaged party whole up to the limit of the bond.
Jet will make a bond claim payout to the damaged party or parties. After the claim payout has been made, the applicant will then be expected to post a reimbursement to Jet for the amount that was paid out. Surety bonds are not like insurance policies. They are guarantees of payment and do not absolve the applicant from their damaging behavior.