Indiana Public Adjuster Bond

Indiana Public Adjuster Bond

To be eligible for a Certificate of Authority as a resident or non-resident public adjuster (this includes business entities) in the State of Indiana, the Department of Insurance requires a $10,000 Public Adjuster Bond from the applicant.

Jet Insurance Company provides the Public Adjuster Bond to act as a financial assurance to the Department that the public adjuster will comply with the regulations of their license. Should a policyholder suffer damages due to acts of negligence, unethical behavior, a breach of contract, or fraud on the public adjuster’s behalf, the surety bond may be used as a means of restitution.

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The Public Adjuster Bond is available for instant purchase at just $10 a month!

What Is the Cost of the Public Adjuster Bond?

At Jet, the $10,000 Public Adjuster Bond is ready for purchase at the guaranteed price of $100 for a one-year bond term or only $10 a month.

Jet also offers multi-year bond terms. Take a look at the chart below for details on our promised prices.

Bond TermCost
Monthly$10
1 Year$100
2 Years$175
3 Years$250
IN Public Adjuster Bond Pricing

Jet provides this surety bond as an instant issue so no credit check is required! Simply select the “Secure Your Bond” button above to get started with your purchase.

Why Is the Indiana Public Adjuster Bond Required?

Once licensed by the Indiana Department of Insurance, the public adjuster (individual and/or business entity) is responsible for working on behalf of policyholders regarding property and casualty claims. Due to the complicated process of insurance claims, it is imperative for public adjusters to follow all license regulations pursuant to the Indiana Insurance Code Title 27, Article 1, Chapter 27, as well as fulfill all contractual obligations.

The Public Adjuster Bond is required by the Department to be used as a tool to protect consumers from being taken advantage of and/or from facing wrongful financial damages. In cases where the public adjuster commits a license violation (e.g. negligence, unethical conduct, a breach of contract, or fraud), funds from the surety bond may be used to recompense the damaged claimant for any losses incurred. 

How to Apply for the Public Adjuster Bond With Jet

No application is needed for the Indiana Public Adjuster bond! All you need to do is select the “Secure Your Bond” button below to get started. The Jet team simply requires your contact details and payment information. Once the bond has been officially purchased, Jet will provide you with a copy of your receipt and bond form via email. For information on how to file your bond with the Department of Insurance, read below. 

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How Does the Public Adjuster Bond Get Filed to the Indiana Department of Insurance?

Jet can file your bond for you at no extra cost! However, if you would prefer to take care of this step yourself, the option to do so may be selected at checkout.

A copy of the signed and sealed Public Adjuster Bond form, along with any other required licensure paperwork, must be submitted to the Indiana Department of Insurance at the following mailing address: 

Indiana Department of Insurance
311 West Washington Street, Suite 103
Indianapolis, IN 46204
317-232-2389
[email protected]

If you have any questions regarding the filing process, the Department’s contact information can be found listed above as well. 

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

Find out what causes a claim as a public adjuster and what happens after a claim is made.

Indiana Public 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: