Business Services or Employee Dishonesty Bonds
Business Services or Employee Dishonesty Bonds, also known as a Fidelity Bond in the surety industry, protect you and your business from the dishonest acts of your employees while on your clients premises. While these particular types of bond are not required by any legal provision, many companies or savvy consumers will request that your business have a business services bond in place before allowing work to commence. Dishonest employees are an unpredictable risk for your business. Even though you are not required to carry a bond, you can enjoy its protection and set yourself apart from your competition with a business services bond.
The most common types of business services or employee dishonesty bonds are:
- Janitorial Service
- Home Health Care Providers
- Security Guards
- Temporary Employment Agencies
- Pest Control Services
- General Repair Services
- Pool Cleaning
- Security Guard
- Carpet Cleaning
- Appliance Repair
- Pet Sitters
- Moving Companies
- and many more
One thing to keep in mind is that Employee Dishonesty or Business Services Bonds will not provide coverage for the business owners and while many business owners just want to be able to say they are "bonded", if there are no employees, then the bond provides no coverage. This bond provides coverage to the Employers Customers from the actions of the Employers Employee(s).
How much do Employee Dishonesty Surety Bonds cost?
This class of surety bond is relatively low risk and therefore has a lower premium cost associated with it. For example a $10,000.00 Business Services / Employee Dishonesty Surety Bond will typically cost $100.00. This is a small amount to pay to provide additional protection to your customers for the actions of your employees.
How do I apply for a Business Services Bond?
It has never been easier to apply for your Business Services Surety Bond , simply use our Free Surety Bond Quote Tool to select your state, asnwer a few questions about you and your plan, then our expert staff will get a bond quote at the lowest possible price! Rather speak to one of our staff? Give us a call at 800-737-4880
A1Surety Bonds writes Employee Dishonesty and Business Services bonds in ALL 50 States!