To receive a license as a public adjuster (this includes individual agents, business entities, and public adjuster solicitors), a $20,000 Public Adjuster Bond must be filed with the Pennsylvania Insurance Department, Bureau of Licensing and Enforcement.
Jet Insurance Company provides the Public Adjuster Bond to cover financial damages incurred by the Department or a claimant due to the licensee committing unfair business practices, negligence, fraud, or a breach of contract.
Purchase your Public Insurance Bond for only $10 a month!
At Jet, the $20,000 Public Adjuster Bond may be purchased instantly at $100 for a one-year bond term or just $10 a month. No credit check is needed and our prices are guaranteed. Simply select the “Secure Your Bond” button above for instant purchase.
If you are interested in purchasing a multi-year bond term, take a look at the price chart below.
The Pennsylvania Insurance Department issues public adjuster licenses for a two-year period. Because of this, the Jet team offers the Public Adjuster Bond at an affordable and convenient two-year bond term.
In a way, the Pennsylvania Insurance Department, Bureau of Licensing and Enforcement introduces what they do in their actual name. The Department manages the insurance industry through an extensive licensing process of agents and corporations, as well as the enforcement of state regulations. All in the name of keeping the Pennsylvania insurance industry viable and protecting consumers from dishonest business practices.
One of the ways that the Department does this is by implementing the requirement of surety bonds, such as the Public Adjuster Bond. This form of financial security protects damaged claimants (like the Department themselves or policyholders of the licensee) from rare cases of negligence, unethical conduct, and/or fraud. If the public adjuster commits such violations, funds from the bond may be used as a means of restitution to the damaged party in question.
At Jet, applying for the Pennsylvania Public Adjuster Bond is quick and easy! All you need to do is select the “Secure Your Bond” button for instant purchase. Simply provide Jet with your payment information. Once the purchase has gone through, a copy of your receipt and bond form will be sent to the email address of your choice. Submitting your bond for official filing with the Department of Insurance will be your next step. Read below for further details on how the Jet team can help you with this process.
Once purchased, a copy of the signed and sealed Public Adjuster Bond form, along with any other required paperwork (e.g. license application, exam results, and fingerprinting results) must be submitted online via Sircon.com or NIPR.com. If you would prefer to submit your paperwork through the mail, use the following address:
PA Insurance Department
Bureau of Licensing and Enforcement
1209 Strawberry Square
Harrisburg, PA 17120
No other surety bonds are required, however, it is essential to note that the Insurance Department does mandate all licensed public adjusters (i.e. solicitors, individual agents, and business entities) to use a contract approved by the Department prior to any business transaction. A sample of an approved Public Adjuster Contract is available. If you would like to use a unique contract that deviates from the sample above, the contract must be submitted to the Department for approval.