Louisiana Public Adjuster Bond

Louisiana Public Adjuster Bond

To perform services as a public adjuster (individual or business entity) in the State of Louisiana, an approved license and a $50,000 Public Adjuster Bond are required by the Department of Insurance, Division of Producer Licensing.

Jet Insurance Company provides the Public Adjuster Bond to act as a financial assurance to the Department that the public adjuster will comply with state license regulations. If the licensee behaves dishonestly or conducts fraudulent actions, funds from the bond may be used to recompense any damaged party for their unjust losses.

QUOTE

You can purchase the Louisiana Public Adjuster Bond with a simple payment of $20 a month!

What Is the Lowest Price for the Public Adjuster Bond?

At Jet, rates for the Public Adjuster Bond are a small fraction of the required $50,000 limit and are based on a soft credit check of the applicant (public adjuster licensee). For example, prices start at just $200 for a one-year bond term, or as mentioned above, a convenient $20 a month.

In addition, Jet offers multi-year bond terms to customers. For an idea of what starting rates look like, view the price chart below.

Bond TermCost
Monthly$20
1 Year$200
2 Years$350
3 Years$500
Louisiana Public Adjuster Bond Rates

To get started with your purchase, select the “View Your Bond Price” button at the top of the page.

What Is the Purpose of the Public Adjuster Bond?

Public adjusters, whether they are licensed as an individual or business entity with the Louisiana Department of Insurance, are in charge of assisting policyholders with insurance claims. Services may include preparing and completing paperwork, filing a claim on behalf of a claimant, and/or negotiating the settlement of a claim. Due to the complicated process of insurance claims, public adjusters are expected to follow all license regulations pursuant to Title 22, Section 1691 of the Louisiana Revised Statutes, as well as fulfill the obligations of their consumer contracts. 

To ensure that rules are followed and customers receive fair treatment, the Department requires licensees to obtain a $50,000 Public Adjuster Bond. The purpose of such a bond is to financially protect Louisiana residents from wrongful financial damages. This may occur if the public adjuster commits a license violation such as negligent behavior, deceitful/unethical business practices, a breach of contract, and/or fraud.

How to Apply for the Public Adjuster Bond With Jet

Application is available online or you can give our team a call at 855-296-2663. To begin, some general information will be needed such as your contact details and social security number. No need to worry about that last part though—Jet only runs a soft credit check so it won’t have an impact on your score.

Once your application has been reviewed, a Jet underwriter will send you approved rate options that are available for immediate purchase. Simply choose the best payment plan for you and complete the purchase. You’ll receive a copy of your receipt and bond form as soon as this last step has been fulfilled.

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

The Jet team can take care of filing your bond form for you at no extra cost! If you would prefer to handle the filing process yourself, the option to do so is available at check out.

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

Louisiana Department of Insurance
Division of Producer Licensing
PO Box 94214
Baton Rouge, LA 70804

Jet has provided both the Application for Individual Public Adjuster License and the Application for Business Entity Public Adjuster License for your convenience. 

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

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

Louisiana 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: