The State of Arizona Department of Transportation (ADOT) requires the Ignition Interlock Installer Bond, in the amount of $200,000, to be filed for ignition interlock providers. Jet Insurance Company provides the bond to the DOT to financially protect any person (ADOT and manufacturers included) suffering a loss as a result of the provider’s default.
With Jet, providers gain the advantage of a monthly payment plan or can opt to pay annually.
The ignition interlock installer bond cost starts at $150 monthly. Prices for this bond will vary dependent upon the financial standing of the provider. The preferred tier of pricing is demonstrated below.
Bond Term | Cost |
---|---|
Monthly | $150 |
1 Year | $1,500 |
2 Years | $2,625 |
At Jet, providers are able to work directly with the surety company; there are no added steps or fees from middlemen involved throughout the bonding process.
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. As part of this mission, The ADOT regulates ignition interlock devices and installers. The installation provider is required to be compliant with the legislative statutes which include the required Ignition Interlock Installer Bond.
When the bond is purchased from Jet, we provide the fiscal promise to the ADOT that allows installation providers to operate. The ADOT is looking for a third party, in this case Jet, to ensure any financial loss related to the provider’s work will be made to the affected party. Per the bond form, the risk of loss surrounds the providers inability to make a situation right; most likely as they go out of business and -boom- Jet is there to make it right.
Jet will need some basic business information that you can submit through our online application or give us on the phone. One of our underwriters will contact you shortly after. We may need a personal or business financial statement to lock in the best rate for the bond.
After the underwriter's review, you will receive a link to purchase the bond securely online. A copy of the bond and receipt will be available upon the completion of the transaction.
Yes, Jet can! The completed bond form with the required signatures and the power of attorney will be filed directly to the ADOT by Jet.
A receipt of transaction, as well as a copy of the bond, will be sent to you for your personal records. Should you want to send the original bond to the ADOT, perhaps with an application form, we can arrange for that during the checkout process of the bond. The bond form must be sent to the following address.
Ignition Interlock Unit Motor Vehicle Division
Mail Drop 530M
PO Box 2100
Phoenix, AZ, 85001
Yes, it is possible to get a refund! If you want to cancel the bond, just send a written request to Jet (email works best). Jet will cancel the bond and send notice to the Arizona DOT.
Providers that have purchased their bond on annual terms will be eligible for a refund. The refund will be calculated based on the amount of time left for the bond. This bond has a 60-day cancellation grace period in which the bond remains active even after the intent of cancellation has been received by the ADOT. Those 60 days must be accounted for in the refund as the bond is still active.
For monthly payment subscribers, Jet must collect payments until the bond cancels with the ADOT.
If the provider has purchased their bond on monthly terms, the bond will remain active as long as the monthly payments continue. There is no renewal process.
Bonds that have been purchased on annual terms will only need to make a payment prior to the bond’s expiration date. No additional paperwork is needed at Jet. The provider will not have to worry about their annual renewal date. Jet will send out a renewal reminder via email and mail with plenty of time for the provider to submit a renewal payment.
Providers of ignition interlock devices must remain in compliance with the regulatory Arizona Statutes Chapter 4 - Article 5, Title 28 in order to avoid a bond claim or other disciplinary actions.
Providers can find themselves in trouble for breaking contract with a manufacturer or the ADOT. Possible violations are listed in the Arizona State Statutes, including (but not limited to) improper installation, calibration, maintenance, and/or removal of devices.
Should troubles arise, providers should fix any error made or make restitution if demanded to by the ADOT. Failure to do so will lead to disciplinary actions, including a claim on the bond.
If a bond claim has been made against the provider or an investigation is being conducted by the ADOT, Jet will do everything within its capacity to provide a defense. Jet will need any information the provider has in regards to the claim in a timely manner.
If valid, Jet will make a payout to any injured party up to the bonding limit. After a claim payout has been made, the provider will be expected to payback Jet even if the provider is no longer in business. Unlike insurance policies, surety bonds are a guarantee of payment that Jet provides to the claimant; in this case the Arizona DOT or a manufacturer. The provider has created damages and those damages are now due to Jet.