Thursday, 27 October 2016

Surety Bonds For Janitorial Service Bonds

A janitorial surety bond is a surety bond for any individual or company in the home and business cleaning industry. It can be awarded to any company or individual who offers janitorial, maid, carpet cleaning or house cleaning services. It helps to protect customers from any losses as a result of theft or fraud committed by employees or a third party, which in turn helps to protect the owner of the cleaning business. It also helps to protect the business owner, in the case that a false claim is filed. It also gives the customer added assurance that a business is bonded & that they, in turn, are protected. Unlike a fidelity bond, a service bond also protects against on-premise incidences.

A janitorial service surety bond, unlike many other surety bonds, is completely voluntary. The incentive to obtain a janitorial service bond is that it assures customers that their belongings will be protected, because if they are not, they can file a claim and be reimbursed and compensated for the missing item. Yet it is important to note, that a janitorial service bonds will not protect against damages, it will protect only against theft.

Unlike construction and other high-risk bonds, a janitorial bond is among the inexpensive surety bond types available. The exact price is determined by how many employees the business has & what sort of exact coverage is being sought.

What is the cost of a Janitorial Service Surety Bonds?

Janitorial bonds are inexpensive. Janitorial surety bonds only cost $121 for a year of $10,000 coverage,$247 for a year of $50,000, $180 for a year of $25,000 coverage or $334 for a year of $100,000 coverage. Yearly rates increase slightly for each additional employee.


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