California Insurance Adjuster Bonds

California Insurance Adjuster Bond

The Department of Insurance manages the licensure of public insurance adjusters, apprentice public insurance adjusters, and general insurance adjusters within the State of California (this includes resident and non-resident applicants/licensees). 

To receive and maintain a license, the Department requires a surety bond—either a $20,000 Public Insurance Adjuster Bond or a $2,000 Insurance Adjuster Bond.

Jet Insurance Company provides both the Public Insurance Adjuster Bond and the Insurance Adjuster Bond to act as a means of restitution to any party that has been financially damaged by the adjuster due to a license violation such as negligence, unethical conduct, or fraud.

QUOTE

Purchase your Public Insurance Adjuster Bond for as little as $8 a month!

What Is the Lowest Price for the Public Adjuster Bond and the Insurance Adjuster Bond? 

According to the Department of Insurance, licenses are issued for two-year terms. Because of this, Jet offers both the Public Insurance Adjuster Bond and the Insurance Adjuster Bond at a standard two-year term or monthly option. 

At Jet, the $20,000 Public Insurance Adjuster Bond is available for the guaranteed price of $150 for a two-year bond term or a convenient $8 a month. The bond may be purchased instantly which means no credit check or elongated application process is required. 

Bond TermCost
Monthly$8
2 Years$150
CA Public Insurance Adjuster Bond Pricing

As for the $2,000 Insurance Adjuster Bond, applicants may purchase the bond instantly at $60 for a two-year bond term or just $3 a month. To get started with your purchase, simply select the “Secure Your Bond” button at the top of the page!

Bond TermCost
Monthly$3
2 Years$60
CA Insurance Adjuster Bond Pricing

Licensees are to maintain the appropriate surety bond for the entirety of their performance as a public insurance adjuster, apprentice public insurance adjuster, or insurance adjuster. With this in mind, Jet’s monthly plan is a great option for those seeking a career in the insurance industry. 

Why Are the Public Insurance Adjuster and Insurance Adjuster Bonds Required?

The California Department of Insurance manages and regulates the insurance industry, which includes the licensing of public insurance adjusters, insurance adjusters, and apprentices. 

A public insurance adjuster, for compensation, is in charge of assisting individuals with fire, burglary, flood, and property claims (apprentice’s work under a licensed public insurance adjuster to gain experience, education, and training in the field). While an insurance adjuster investigates/gathers information regarding the adjustment or disposal of a claim in connection with a policy of insurance. 

Due to the complicated process of insurance claims, public insurance adjusters/apprentices and insurance adjusters must follow regulations pursuant to the California Insurance Code. To ensure that all applicable rules and policyholder obligations are upheld, the Department requires the financial assurance of a surety bond. Should the licensee commit a violation such as negligence, deceitful business practices, breach of contract, or fraud, funds from either the Public Insurance Adjuster Bond or the Insurance Adjuster Bond may be used to reimburse any damaged party that has suffered from financial losses at the hands of the rogue licensee.

How to Apply for an Insurance License Bond With Jet 

No application is needed! All you need to do is select the “Secure Your Bond” button at the top of the page to begin the purchasing process. The Jet team requires your contact details and payment information only. Once you have purchased either adjuster bond with Jet, a copy of your receipt and bond form will be sent to the email on file. Submitting your bond for filing with the Department of Insurance will be your next step.

How Do Insurance Adjuster Bonds Get Filed With the California Department of Insurance?

Once purchased, Jet will give you the option to have our team file your bond for you (free of charge), or you can choose to take care of the filing process yourself. It’s up to you!

Either way, a copy of the signed and sealed bond form, along with any other required paperwork, must be submitted to the California Department of Insurance at the following mailing address:

California Department of Insurance
Attn: Adjuster Unit
PO Box 1139
Sacramento, CA 95812

Either way, a copy of the signed and sealed bond form, along with any other required paperwork, must be submitted to the California Department of Insurance at the following mailing address:

Details regarding the licensure process can be found on the Department’s Public Insurance Adjuster Licensing webpage and the Insurance Adjuster Licensing webpage. 

How to Renew My Bond

For annually-purchased bonds, see Jet’s process to renew your bond. Hint- it’s simple.

How to Cancel My Bond

See the details surrounding cancelling your bond.

Bond Claim Process

Read here to find out what causes a Public Adjuster Bond claim and what happens after a claim is made.

California Public Insurance Adjuster Bond Form

Notary Bond Application:

X

Business Information:

Indemnity Agreement:

I, the undersigned, hereby apply for a Dishonesty Bond also known as a Business Service Bond or Janitorial Service Bond (“bond”) to the Surety Company (“SURETY”) through Jet Insurance Company (“JET”), with whom I hereby grant the authority to act on my behalf with respect to the bond and assign as my Broker of Record, and declare that the statements herein are true and correct. In consideration of the SURETY issuing, renewing or substituting said bond(s), I, individually and as the owner or officer of the bonded entity, hereby understand and agree, as follows: (i) to reimburse, hold harmless, and indemnify SURETY upon demand for all loss, liability, claim, expense, including but not limited to attorneys’ fees, expert’s fees, investigative fees and claims handling fees, and any other cost which SURETY shall pay or incur in defense, adjustment, or settlement of such claims/suits by reason of such suretyship; (ii) that an itemized statement of loss and expenses by SURETY shall be indisputable proof of my liability to SURETY; (iii) coverage is subject to a $100 deductible; (iv) the employee must be convicted before coverage will apply (v) performance and any form of dispute resolution of this agreement shall take place in the county of SURETY's office of service; and (vi) a facsimile copy or electronically signed version of this agreement shall be binding as if it were an original. This agreement shall survive any changes in, substitute to or renewal of the bond(s).

Required Effect Date of Bond Policy:

Contact Information:

Employee Dishonesty Bond Application:

Business Information:

Business Description:

Coverage Requirements:

Indemnity Agreement:

I, the undersigned, hereby apply for a Dishonesty Bond also known as a Business Service Bond or Janitorial Service Bond (“bond”) to the Surety Company (“SURETY”) through Jet Insurance Company (“JET”), with whom I hereby grant the authority to act on my behalf with respect to the bond and assign as my Broker of Record, and declare that the statements herein are true and correct. In consideration of the SURETY issuing, renewing or substituting said bond(s), I, individually and as the owner or officer of the bonded entity, hereby understand and agree, as follows: (i) to reimburse, hold harmless, and indemnify SURETY upon demand for all loss, liability, claim, expense, including but not limited to attorneys’ fees, expert’s fees, investigative fees and claims handling fees, and any other cost which SURETY shall pay or incur in defense, adjustment, or settlement of such claims/suits by reason of such suretyship; (ii) that an itemized statement of loss and expenses by SURETY shall be indisputable proof of my liability to SURETY; (iii) coverage is subject to a $100 deductible; (iv) the employee must be convicted before coverage will apply (v) performance and any form of dispute resolution of this agreement shall take place in the county of SURETY's office of service; and (vi) a facsimile copy or electronically signed version of this agreement shall be binding as if it were an original. This agreement shall survive any changes in, substitute to or renewal of the bond(s).

Required Effect Date of Bond Policy:

Contact Information:

Contract Bond Application:

X

Business Information:

Owner Information:

Job Details:

Indemnity Agreement:

I, the undersigned, hereby apply for a Dishonesty Bond also known as a Business Service Bond or Janitorial Service Bond (“bond”) to the Surety Company (“SURETY”) through Jet Insurance Company (“JET”), with whom I hereby grant the authority to act on my behalf with respect to the bond and assign as my Broker of Record, and declare that the statements herein are true and correct. In consideration of the SURETY issuing, renewing or substituting said bond(s), I, individually and as the owner or officer of the bonded entity, hereby understand and agree, as follows: (i) to reimburse, hold harmless, and indemnify SURETY upon demand for all loss, liability, claim, expense, including but not limited to attorneys’ fees, expert’s fees, investigative fees and claims handling fees, and any other cost which SURETY shall pay or incur in defense, adjustment, or settlement of such claims/suits by reason of such suretyship; (ii) that an itemized statement of loss and expenses by SURETY shall be indisputable proof of my liability to SURETY; (iii) coverage is subject to a $100 deductible; (iv) the employee must be convicted before coverage will apply (v) performance and any form of dispute resolution of this agreement shall take place in the county of SURETY's office of service; and (vi) a facsimile copy or electronically signed version of this agreement shall be binding as if it were an original. This agreement shall survive any changes in, substitute to or renewal of the bond(s).

Required Effect Date of Bond Policy:

Contact Information:

Worker's Compensation Application:

X

Business Information:

Business Description:

Coverage Requirements

Indemnity Agreement:

I, the undersigned, hereby apply for a Dishonesty Bond also known as a Business Service Bond or Janitorial Service Bond (“bond”) to the Surety Company (“SURETY”) through Jet Insurance Company (“JET”), with whom I hereby grant the authority to act on my behalf with respect to the bond and assign as my Broker of Record, and declare that the statements herein are true and correct. In consideration of the SURETY issuing, renewing or substituting said bond(s), I, individually and as the owner or officer of the bonded entity, hereby understand and agree, as follows: (i) to reimburse, hold harmless, and indemnify SURETY upon demand for all loss, liability, claim, expense, including but not limited to attorneys’ fees, expert’s fees, investigative fees and claims handling fees, and any other cost which SURETY shall pay or incur in defense, adjustment, or settlement of such claims/suits by reason of such suretyship; (ii) that an itemized statement of loss and expenses by SURETY shall be indisputable proof of my liability to SURETY; (iii) coverage is subject to a $100 deductible; (iv) the employee must be convicted before coverage will apply (v) performance and any form of dispute resolution of this agreement shall take place in the county of SURETY's office of service; and (vi) a facsimile copy or electronically signed version of this agreement shall be binding as if it were an original. This agreement shall survive any changes in, substitute to or renewal of the bond(s).

Required Effect Date of Bond Policy:

Contact Information: