Public insurance adjusters (individual agents and business entities) are required by the Nebraska Department of Insurance to hold an active license and surety bond when offering insurance services within the state.
Jet Insurance Company provides the $20,000 Public Insurance Adjuster Bond to act as a form of financial protection to Nebraska residents if the public adjuster fails to complete duties according to the regulations of their license.
The Nebraska Public Adjuster Bond is available for purchase at just $10 a month!
At Jet, prices for the $20,000 Public Insurance 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. For further details, take a look at the price chart below.
Bond Term | Cost |
---|---|
Monthly | $10 |
1 Year | $100 |
2 Years | $175 |
3 Years | $250 |
To get started with the purchase process, simply select the “Quote” button at the top of the page!
The Nebraska Department of Insurance oversees the state's licensing and regulation of insurance agents and business entities. In addition, the Department is responsible for ensuring that local residents are protected from unethical or fraudulent insurance practices.
The Public Insurance Adjuster Bond’s purpose is to provide financial assurance to the Department that the public adjuster will follow all license regulations pursuant to Chapter 44 (sections 44-9201 through 44-9219) of the Nebraska Revised Statutes. If the public insurance adjuster was to commit a license violation (e.g. negligence, unethical or dishonest behavior, breach of contract, or fraud.), funds from the surety bond may be used as a means of restitution to the damaged claimant for any wrongful losses incurred.
Your application for the Public Insurance Adjuster Bond may be completed fully online with Jet! 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, a Jet underwriter will send over some approved rate options that are available for immediate purchase.
Once the Public Insurance Adjuster Bond has been officially purchased, a Jet team member will provide you with a copy of your receipt and bond form via email. For information on how to file your bond with the Nebraska Department of Insurance, read further below.
At checkout, you will be given the option to either have the Jet team file your bond for you (free of charge) or you can choose to take care of this step yourself. Simply select what works for you!
Either way, the original signed and sealed Public Insurance Adjuster Bond form, along with any other required licensure paperwork, must be submitted to the Nebraska Department of Insurance, Producer Licensing Division at the following mailing address:
Nebraska Department of Insurance
Producer Licensing Division
PO Box 95087
Lincoln, NE 68509
For further details on the license application process, take a look at the Department’s Public Adjuster License Information webpage.