Texas Burglar Alarm Seller Bond

Texas Burglar Alarm Seller Bond

Individuals or businesses that sell, install, service, and/or monitor an alarm system or burglary detection device must be licensed as an alarm system company by the Texas Department of Public Safety. To be approved for and maintain a license, a $10,000 Burglar Alarm Seller Bond (formally known as Seller’s Certificate Surety Bond) is required.

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Jet Insurance Company provides the Alarm Seller Company Bond to act as a financial guarantee to the Texas public and the Department of Public Safety. If the licensee commits a breach of contract such as failing to provide a customer with their paid-for alarm system, the surety bond may be used to cover the financial losses incurred by the harmed party.

What Is the Lowest Price for the Texas Burglar Alarm Seller Bond?

At Jet, prices for the $10,000 Burglar Alarm Seller Bond are a small fraction of the bond amount and are based on a credit check of the business owner. As shown in the chart below, our preferred tier rates start at just $100 annually or $10 a month. 

Monthly1-Year
$10$100
Texas Alarm System Seller Bond Prices

Jet’s monthly payment plan is a great option if you don’t want to worry about renewing your bond annually. Your Burglar Alarm Seller Bond will remain active with the Texas Department of Public Safety as long as payments are made or until cancellation is officially sought.

The Texas Alarm System Seller Bond Process With Jet

Jet’s application for the Burglar Alarm Seller Bond is quick and easy, only asking for the information necessary to get you a quote (contact details and social security number for a soft credit check). Once submitted, a Jet underwriter will send you approved rate options to your email that are ready for immediate purchase. Simply choose the option that works best for you and fulfill the payment. You will then receive a copy of your receipt and bond form instantly. 

The original signed and sealed Burglar Alarm Seller Bond must be submitted to the Texas Department of Public Safety’s Regulatory Services Center either through the Texas Online Private Security (TOPS) portal or by mail to the following address:

Texas Department of Public Safety
Regulatory Services Center
PO Box 4087
Austin, TX 78773

Initial and renewal license applications can be found on the TDPS Applications and Forms webpage.

If you enroll in our monthly payment plan, you won’t have to worry about renewing your Burglar Alarm Seller Bond as it will remain active as long as payments are fulfilled. As for bondholders who choose to purchase the surety bond in full and upfront, Jet will send you a renewal invoice prior to your official bond term expiration date. You simply need to complete the payment due and your bond will remain active for another term.

The Burglar Alarm Seller Bond may be cancelled at any time! All that is required is that you send Jet a written cancellation request to [email protected]. Once received, we will send notice of your bond’s termination to the Texas Department of Public Safety. The liability of your surety bond will be released within 30 days.

Jet will require monthly enrollees to complete one last payment for the 30-day liability period as your bond is technically still active during this time. All future payments will cease once this final step has been completed. 

How Does a Texas Business Owner Avoid Alarm System Seller Bond Claims?

Alarm system companies are expected to follow all regulations pursuant to Title 10, Chapter 1702 of the Texas Occupation Code as it pertains to the rules and obligations of your license. Failure to comply may result in a loss of license or large fines at the hands of the Texas Department of Public Safety. Civil action brought on by a damaged customer is also a possibility. 

A claim on the Burglar Alarm Seller Bond will typically only occur if your company fails to reimburse a customer for an alarm system or burglar detection device that was paid for by the customer, yet never delivered within the requirements of their customer contract. This is a breach of contract and the damaged customer has every right to pursue civil action against you. If this occurs and a Texas court rules in favor of the claimant, the surety bond may be used to recover the down payment or purchase price paid by the customer, as well as the cost of their attorney fees. 

If you receive a Texas court-ordered bond claim notice, contact Jet as soon as possible. We will ask that you provide us with all available information and documentation regarding your case. These details will be used for our own investigation of the claim.

Per the Alarm System Seller Bond form, Jet Insurance Company must payout justified claims never to exceed the $10,000 limit. As a licensee, you are responsible for your own actions and the actions of your company employees. Therefore, you must reimburse Jet for the claim payout made on behalf of your transgression(s). Failure to do so will lead to future difficulties in obtaining surety bonds within the State of Texas.

Are There Other Bonds That a Texas Alarm System Company Needs?

No other surety bond is needed, however, a form of liability insurance is required. Further details can be found in Title 10, Section 1702.123 of the Texas Occupation Code. 

Texas Burglar Alarm Seller 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: