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What is a business service bond, and who needs one?

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What is a business service bond, and who needs one?

This article explains what business service bonds are and who might choose to purchase them.

Last updated on 28 Jan, 2022

Business service bonds protect consumers from potential theft that could be committed by company employees who work in clients’ homes or offices. Business service bonds must be issued in a company's name as they protect the company's customers - not the company itself nor the owner(s). 

If your employees work in your clients’ personal spaces, purchasing a business service bond is an impactful, cost-effective way to promote your company as a credible enterprise that has clients’ best interests in mind.

Many different business types choose to purchase this optional insurance product, including, but not limited to:

  • appliance repair services

  • carpet cleaning companies

  • child care professionals

  • gardeners/groundskeepers

  • general cleaning companies

  • general repair services

  • janitorial service providers

  • landscapers

  • locksmiths

  • moving companies

  • painters

  • pest control companies

  • pet sitters

  • plumbers

  • pool cleaning services

  • security/surveillance guards

Business service bonds are issued for flat rates with set premium pricing and do not require application underwriting. Business service bonds can be purchased on our website 24/7.

If you have any questions about business service bonds at this time, email customercare@suretybonds.com or call 1 (800) 308-4358 to speak with one of our friendly representatives.

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