Janitorial Services Bond
What is a Janitorial Services Bond?
A Janitorial Services Bond is typically referred to as an Employee Dishonesty Bond. This bond typically is referred to as an insurance policy, as it covers theft of monies, properties, or securities of a client by one of your employees while on the property of a client.
How does a Janitorial Services Bond work?
This type of Surety Bond would be classified as a Fidelity Bond. If an employee of yours is caught robbing or is involved in a crime, your company may make a claim or the person or company aggrieved may file a claim to secure the replacement cost of the item stolen, forged against, or dishonestly obtained. The bond will pay up to the face value of the bond. These bonds are not required by governmental agencies but are a voluntary bond. Typical businesses that have these would be cleaners, housekeepers, babysitters, nannies, janitors, landscapers, etc.
How much does a Janitorial Services Bond Cost?
The cost for a Janitorial Services Bond is relatively inexpensive and based on the amount of the coverage being requested. Each market that offers these bonds has standard rates per thousand and are typically not decided upon on a case by case basis. Rates are standard and do not vary in regards to personal credit history or business statements of applicants.
How do I get a Janitorial Services Bond?
You can get a Janitorial Services Bond by contacting surety bond agents/brokers. Since you’re already here, you can give us a call at 215-646-2400 or Apply Now here.
How to Choose a Bonding Company?
Universal Service Agency offers Surety Service Made Simple. We are the fastest surety only agency in the country, with over 100 years of combined surety experience servicing all 50 states. We exhaust all of our resources to get you the fastest turnaround times and lowest rates. We can help anyone, even clients that may not fit into the standard market. You can get a free quote here or call our bond experts at 215-646-2400.
How long does it take to get a Janitorial Services Bond?
Universal Service Agency can issue bonds the same day an application is received. The amount of time between application and issuance is affected by a number of factors though, including but not limited to, the size of the obligation, the type of bond, and promptness of the premium payment.
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Universal Service Agency is the fastest “surety only” agency in the country, with over 100 years of combined surety experience servicing all 50 states.