{"id":2977,"date":"2020-09-19T20:15:53","date_gmt":"2020-09-19T20:15:53","guid":{"rendered":"https:\/\/suretyone.com\/blog\/?p=2977"},"modified":"2020-11-16T03:27:56","modified_gmt":"2020-11-16T03:27:56","slug":"business-services-bond-gives-third-party-fidelity-bond-protection","status":"publish","type":"post","link":"https:\/\/suretyone.com\/blog\/business-services-bond-gives-third-party-fidelity-bond-protection\/","title":{"rendered":"A Business Services Bond Gives Third Party Fidelity Bond Protection"},"content":{"rendered":"

A business services bond is a type of commercial crime coverage, sometimes referred to as a dishonesty bond which is narrowly written to cover the third party perils of specific types of businesses. Many professional and occupational service providers conduct their businesses or provide services on the premises of their clients. This “on premise” type of risk is specifically what a third party fidelity bond covers. There are some universal requirements for this class of coverage to indemnify (“pay out”) a loss. The actor that commits an act of dishonesty must be an employee of the insured (bond principal). Some surety companies<\/a> include independent contractors and volunteers in the definition of “employee”. The loss must be due to and act of dishonesty as defined in the policy, and the act that occurs the loss must be committed on the third party premises.\u00a0Seventy-five percent of retail and labor employees steal from their employers at least once. Statistics demonstrate that those losses account for seven percent or more of a business’s annual revenue. All business types\u00a0should carry fidelity bond coverage however there are some particular occupations that benefit greatly from both the coverage as well as the ability to advertise as a “bonded enterprise”.<\/p>\n

Fidelity Bond for Pest Control Services<\/a>
\nFidelity Bond for Home Care Services<\/a>
\nFidelity Bond for Auctioneers<\/a>
\nFidelity Bond for Moving Companies<\/a>
\nFidelity Bond for Security Guard Companies<\/a>
\nFidelity Bond for Home Inspectors<\/a><\/p>\n

Fidelity Bond for Carpenters & Construction Trades<\/a>
\nFidelity Bond for Handyman Services<\/a>
\nFidelity Bond for Pet Sitters<\/a>
\nFidelity Bond for Real Estate Brokers<\/a>
\nFidelity Bond for Carpet Cleaning Services<\/a>
\nFidelity Bond for Temporary Employment Agencies<\/a><\/p>\n

<\/div>\n
Surety One, Inc. specializes in underwriting fidelity bond risks for ALL business classes. Business services bonds are freely written for start-ups and established operations, however non-standard risks and applicants with previous losses can also be accommodated. We are\u00a0bonding company that NEVER turns away a client. For more information call (800) 373-2804 or email us at Underwriting@SuretyOne.com to discuss a\u00a0business services\u00a0bond application or for any fidelity coverage need.<\/div>\n

Surety bond application review and quoting are free of charge. There is no obligation to purchase.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

A business services bond is a type of commercial crime coverage, sometimes referred to as a dishonesty bond which is narrowly written to cover the third party perils of specific types of businesses. Many professional and occupational service providers conduct… Continue Reading →<\/a><\/p>\n","protected":false},"author":1,"featured_media":2978,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[101],"tags":[2533,47,105,106,51,272,273],"yoast_head":"\nA Business Services Bond Gives Third Party Fidelity Bond Protection<\/title>\n<meta name=\"description\" content=\"A business services bond, sometimes referred to as a dishonesty bond is a policy written to cover the third party perils of specific types of businesses.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/suretyone.com\/blog\/business-services-bond-gives-third-party-fidelity-bond-protection\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"A Business Services Bond Gives Third Party Fidelity Bond Protection\" \/>\n<meta property=\"og:description\" content=\"A business services bond, sometimes referred to as a dishonesty bond is a policy written to cover the third party perils of specific types of businesses.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/suretyone.com\/blog\/business-services-bond-gives-third-party-fidelity-bond-protection\/\" \/>\n<meta property=\"og:site_name\" content=\"Surety One, Inc.\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Surety1\/\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/Surety1\" \/>\n<meta property=\"article:published_time\" content=\"2020-09-19T20:15:53+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-11-16T03:27:56+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/suretyone.com\/blog\/wp-content\/uploads\/Business-Services-Bond.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"627\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:creator\" content=\"@SuretyOne\" \/>\n<meta name=\"twitter:site\" content=\"@SuretyOne\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"C. 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