Florida Public Adjuster Bond

Florida Public Adjuster Bond

In order to be registered as a public adjuster, non-resident public adjuster, or an apprentice public adjuster in the State of Florida, license applicants must file a $50,000 Public Adjuster Bond with the Department of Financial Services.

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The Public Adjuster Bond is provided by Jet as a financial assurance to the Department that the licensee will comply with State regulations. If the licensee engages in unethical or fraudulent conduct, the bond may be used as a form of restitution by any damaged party involved (the Department themselves or a Florida resident).

What Is the Lowest Price for the Florida Public Adjuster Bond?

Our prices at Jet Insurance Company are a small percentage of the bond limit and are based on a soft credit check of the applicant. For instance, individuals that are seeking a $50,000 Public Adjuster Bond could pay as little as $200 for a one-year term or just $20 a month.

For additional payment plans and our approved tier rates, take a look at the price chart below.

Bond TermCost
Monthly$20
1 Year$200
2 Years$350
3 Years$500
FL Public Adjuster Bond Pricing

As a public adjuster, the Department of Financial Services requires licensees to maintain the Public Adjuster Bond for the entirety of their performance as a licensed public adjuster, as well as one year following the expiration or termination of their license. With this in mind, our monthly or multi-year plans are perfect options for those seeking a career as a public adjuster.

Why Is the Public Adjuster Bond Required in Florida?

A public adjuster is in charge of assisting individuals with insurance claims. Tasks may include preparing, completing, or filing a claim, as well as negotiating the settlement of a claim. Due to the complicated nature of the insurance business, public adjusters must follow very specific regulations when assisting policyholders throughout claim proceedings. The client is typically in a vulnerable state during the process as well. 
To ensure that rules are followed and policyholder obligations are fulfilled, the Florida Department of Financial Services Division of Insurance Agent and Agency Services (IAAS) requires licensees in the field to obtain a Public Adjuster Bond. The bond financially protects the client in rare cases where negligence, deceitful business practices, or fraud are committed.

How to Apply for the Florida Public Adjuster Bond With Jet

You can apply for the Public Adjuster Bond conveniently online or you can give our team a call at 855-296-2663. To begin, the application will require some general information from you. In particular, Jet will need your contact details and social security number. No need to worry about that last part! This is a soft credit check so it won’t have an impact on your current score. 

Once your completed application has been submitted, a Jet underwriter will conduct a quick review. Approved rate options will then be sent to your email that are ready for immediate purchase. Simply choose the best payment plan for you and purchase your bond. You’ll then receive a copy of your receipt and bond form as soon as this last step has been fulfilled.

How Does Filing the Public Adjuster Bond Work?

Jet can file your surety bond for you free of charge! However, if you would prefer to file the bond form yourself along with any other required paperwork, the option to do so may be selected at check out.

The original signed and sealed Public Adjuster Bond form must be submitted to the Florida Department of Financial Services at the following mailing address:

Florida Department of Financial Services
Division of IAAS, Bureau of Licensing
200 East Gaines Street, Room 419
Tallahassee, FL 32399

The Department has provided guides on how to apply for a license for the various public adjuster categories. Take a look at the links listed below for further details on the application process specific to your license type. 

How Does a Public Adjuster Avoid Florida Surety Bond Claims?

Public adjusters are expected to comply with Title XXXVII, Chapter 626 of the Florida Statutes, as it applies to the ins and outs of their license regulations. If the statutes are violated, the Department of Financial Services may suspend or revoke the public adjuster’s license, charge a $5,000 fine per transgression, and/or file a bond claim. 

Causes for claims on the Public Adjuster Bond typically derive from the licensee behaving unethically. For instance, accepting payment, favors, or any other thing of value from a client for services that have not been performed is a license violation. Policyholders that feel they have been financially damaged due to a license transgression may file an insurance complaint with the Department’s Division of Consumer Services. If the investigated complaint is found to be valid, the Department may file a bond claim on behalf of the damaged party. Funds from the Public Adjuster Bond will be used to cover any losses that were incurred by the harmed claimant.

Want to Know More About Public Adjuster Bond Processes? See Our Articles Below.

How to Renew My Bond

Jet has created an efficient and hassle-free renewal process. See how you can renew the bond.

How to Cancel My Bond

Read more about the process around cancelling your bond with Jet at any time.

Bond Claim Process

Bond claims are rare, but they can happen to anyone. Read about the ins and outs of Public Adjuster Bond claims.

Public Adjuster Bond Form Example

Florida Public Adjuster Bond Form

Notary Bond Application:

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:

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:

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: