Washington Public Adjuster Bond

Washington Public Adjuster Bond

The Washington Office of the Insurance Commissioner requires public adjusters (individuals and business entities) to obtain a $5,000 Public Adjuster Bond before a license to perform as such in the insurance industry may be issued.

Jet Insurance Company provides the Public Adjuster Bond to act as a financial assurance to the Commissioner’s Office that the public adjuster will comply with all state license regulations. Suppose the public adjuster commits negligent, dishonest, or fraudulent conduct. In that case, the surety bond may be used as a form of restitution by any party that has suffered from financial damages.

PURCHASE

You can purchase your Public Adjuster Bond for just $10 with Jet’s exclusive monthly payment plan!

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

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

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

The Jet team offers this surety bond as an instant issue so all you need to do is select the “Purchase” button at the top of the page to get started with your purchase. It’s that easy!

Why Is the Public Insurance Adjuster Bond Required?

The Washington Office of the Commissioner of Insurance’s purpose is to protect the well-being of insurance consumers and oversee/manage the insurance industry. In order to do so, the Commissioner’s Office has laid out an extensive licensing process and regulations to follow for those in the insurance business, like public adjusters.

The Public Adjuster Bond is a required step within the licensing process to ensure that compensation will be available to any claimant that has suffered financial damages due to a license violation. For example, public adjusters act upon their customers to research and negotiate property and casualty insurance claims, so if the licensee fails to distribute funds from a claim to a policyholder within the mandated timeline, this is considered an act of negligence/fraud and is subject to a bond claim if the violation remains unresolved by the public adjuster in question. The surety bond may then be used to recompense the harmed claimant for their financial losses.

How to Apply for the Washington Public Adjuster Bond With Jet

No application is needed! Jet only requires your contact details and payment information to be submitted. Once the purchase of your Public Adjuster Bond has gone through, a copy of your receipt and bond form will be instantly sent to the email address of your choice. Officially submitting your bond to the Washington Office of the Commissioner of Insurance is your next step—read below for further details.

PURCHASE

How Does the Public Adjuster Bond Get Filed with the Insurance Commissioner’s Office?

A copy of the signed and sealed Public Adjuster Bond form, along with any other required paperwork (e.g. license application, proof of experience, and your exam score report), must be submitted to the Office of the Insurance Commissioner digitally via the OIC Online Services Page or by mail to either of the following addresses:

Washington Office of the Insurance Commissioner
Capitol Campus Office
302 Sid Snyder Ave., SW, Suite 200
Olympia, WA 98501

Washington Office of the Insurance Commissioner
Tumwater Office
5000 Capitol Blvd., SE
Tumwater, WA 98501

For your convenience, the Commissioner’s Office has provided detailed steps on how to apply for a license on the Public Adjuster 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 cancelling your bond.

Bond Claim Process

Public adjusters need to be aware of what causes a claim and what happens after a claim is made.

Washington 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: