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Business Service Bond

Business Service Bond

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Who Requires the Business Service Bond and Why Is It Needed?

A Business Service Bond is a type of surety bond that protects your customers from acts of theft, larceny or fraud committed by your employees. A specialized business service surety bond called a Janitorial Service Bond is used for the home and business cleaning industry. The bonded coverage is provided while your employees are working at your customers' offices or homes.

Business Service Surety Bonds are commonly purchased to show professional credibility by businesses engaged in the following activities: Appliance repair, pest control, security and surveillance, home health care, elderly or child care, household or business cleaning (Janitorial Service Bond), pool cleaning and repair, moving, locksmiths, painting, landscaping and groundskeeping.

Business Service Surety Bonds for 20 or fewer employees can be purchased at the set annual prices shown in the table below (or for 3 year terms at the discounted rate of 2.85x the price shown). Simply request a quote to proceed. Businesses Service Surety Bonds with over 20 employees will be priced upon quote request.

Coverage Amount $5,000 $10,000 $25,000 $50,000 $100,000
1 to 5 employees   $100    $115    $171    $235     $328
6 to 10 employees   $122    $164    $242    $328     $442
11 to 20 employees   $193    $264    $385    $513     $670

How Much Will My Surety Bond Cost?

Take 2 minutes to provide the basic information required to get the best rates for your Business Service Bond. The quote request is free and there is no obligation to you. If you prefer, please call 1‐800‐608‐9950 to speak with one of our friendly bond experts. We can help guide you through the bonding process and identify the lowest cost in the market for your situation.

If you are interested in spreading out the cost of your bond over time, we can offer convenient financing plans for many types of surety bonds. More information will be provided with your quote.

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Surety Bonds Direct, LLC, Bonds Surety & Fidelity, Charleston, SC
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