Montana Public Adjuster Bond

Montana Public Adjuster Bond

To be eligible for a resident or non-resident public adjuster license in the State of Montana, the Department of Insurance requires a $5,000 Public Adjuster Bond to be maintained by the applicant.

Jet Insurance Company provides the Public Adjuster Bond as a financial assurance to the Department that the public adjuster will comply with the regulations of their license. In cases where the licensee commits a violation (e.g. negligence, breach of contract, unethical conduct, or fraud), the surety bond may act as a form of restitution to any party that has suffered from financial damages.

PURCHASE

The Montana Public Adjuster Bond may be purchased instantly at just $10 a month!

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

At Jet, the $5,000 Public Adjuster Bond is available for instant purchase at the guaranteed price of $100 for a one-year bond term or a simple payment of $10 a month. 

In addition, Jet offers 2- and 3-year bond terms at the following prices.

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

Jet is a direct surety provider so you won't have to deal with add-on broker and agent fees. The rates listed in the price chart above are precisely what you'll pay. To get started, select the “Purchase” button at the top of the page!

What Is the Purpose of the Montana Public Adjuster Bond? 

Once licensed by the Montana Commissioner of Securities and Insurance, the public adjuster is responsible for working on behalf of insured individuals, fulfilling customer contracts, and following all license regulations pursuant to Title 33, Chapter 17 of the Montana Code Annotated. If the above requirements are not upheld by the public adjuster and wrongful damages are caused, funds from the Public Adjuster Bond may be used to compensate the harmed party for any financial losses incurred. 

How to Apply for the Public Adjuster Bond With Jet 

No application is required of you! All you need to do is select the button below to get started with your purchase. The Jet team only needs your contact details and payment information to be submitted. As soon as the bond has been officially purchased, Jet will provide you with a copy of your receipt and bond form via email. An original copy will then be sent to your mailing address of choice.

PURCHASE

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

At checkout, you can either have the Jet team file your bond form for you or you may select the option to take care of this step yourself. It’s up to you.

Either way, a copy of the signed and sealed Public Adjuster Bond, along with any other required paperwork, must be submitted to the Montana Insurance Department at the following mailing address:

Office of the Montana State Auditor, Commissioner of Securities and Insurance
Insurance Department 
840 Helena Avenue
Helena, MT 59601

Public adjuster licensure forms and further information on the application process can be found on the Department’s 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 canceling your bond.

Bond Claim Process

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

Montana 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: