Kentucky Public Adjuster Bonds

Kentucky Public Adjuster Bond

The Department of Insurance manages the licensure and regulation of public adjusters and independent adjusters within the State of Kentucky (this includes resident and non-resident applicants/licensees).

To receive and maintain a license, the Department may require proof of a surety bond—either a $20,000 Public Adjuster Bond or a $1,000 Non-Resident Adjuster Bond.

Purchase a Public or Independent Adjuster Bond for as little as $10 a month!

QUOTE

Jet Insurance Company provides both the Public Adjuster Bond and the Non-Resident Independent Adjuster Bond to act as a means of restitution to any party that the licensee has been financially damaged due to acts of negligence, unethical conduct, and/or fraud. 

What Is the Lowest Price for the Kentucky Adjuster Bonds? 

At Jet, prices for the $20,000 Public Adjuster Bond are a small percentage of the bond’s limit and are based on a soft credit check of the applicant. For instance, the bond may be purchased at $100 for a one-year bond term or a convenient $10 a month.

Our team also offers multi-year payment plans. Take a look at the price chart below for further details.

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

As for the $1,000 Non-Resident Adjuster Bond, prices also start at $100 for a one-year bond term or a simple payment of $10 a month. Additional payment plans may be viewed in the price chart below.

Bond TermCost
Monthly$10
1 Year$100
2 Years$175
3 Years$250
KY Non-Resident Adjuster Bond Pricing

To get started with purchasing either surety bond, all you need to do is select the “Quote” button at the top of the page!

What Is the Purpose of the Public Adjuster Bond and the Non-Resident Adjuster Bond?

The Kentucky Department of Insurance manages and regulates the insurance industry, which includes the licensing of resident/non-resident public adjusters and independent adjusters. 

Once licensed, all applicable regulations pursuant to Subtitle 9 of the Kentucky Revised Statutes must be upheld. If the licensee commits an erroneous act or unlawful business practice (e.g. negligence, fraud, or breach of contract), funds from the appropriate surety bond (either the Public Adjuster Bond or the Non-Resident Independent Adjuster Bond) may be forfeited over to the financially damaged party in question. 

How to Apply for the Public Adjuster Bond With Jet 

The application for either surety bond may be completed fully online! To begin, some general information is required such as your contact details and social security number for a soft credit check (this process will not impact your current credit score so no need to worry). Once the application has been submitted, Jet will present you with approved rate options that are available for immediate purchase.

As soon as you have purchased your surety bond, Jet will send you a copy of your receipt and bond form via email. You’ll later receive a sealed original of the bond form in the mail for your personal records. 

How Do the Public Adjuster Bond and the Non-Resident Adjuster Bond Get Filed to the Kentucky Department of Insurance?

According to the Kentucky Department of Insurance, there is no need to physically file either the Public Adjuster Bond form or the Non-Resident Adjuster Bond form with their office. However, you must keep the original signed and sealed bond form on hand—the Commissioner may request a copy of such at any time. 

In addition, you may be required to submit proof of your bond via the NIPR Online System when initially applying for or renewing your license. For further details on the application process, take a look at the Department’s Licensees webpage. 

If you have any questions or need to get in touch with the Department, the Division of Agent Licensing’s mailing address and contact information has been provided below by the Jet team for your convenience. 

Kentucky Department of Insurance
Division of Agent Licensing
500 Metro Street
Frankfort, KY 4060
502-564-6004
[email protected]

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 canceling your bond.

Bond Claim Process

Read here to find out what causes a bond claim and what happens after a claim is made.

Kentucky 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: