Pet sitters are most certainly offer their services in their capacity as "trustworthy persons". A pet sitter fidelity bond is an inexpensive way to offer protection to clients and legally advertise as a "bonded business". This type of commercial crime coverage is often referred to as a "third party fidelity bond" or "dishonesty bond". Third party fidelity bonds may be written on a blanket basis which offer insurance protection to all of a sitters clients or client-specific basis for an individual pet owner or veterinary office. A fidelity bond covers the dishonest acts of sitters and employees that enter the premises of clients. Theft of client property is very common. Your pet siting business may be vulnerable to losses like these.
References and background checks are good risk management tools for a pet sitter to deploy when hiring however they do not guarantees that a pet sitter will not commit a dishonest act. One large loss can cause a lawsuit against a pet sitter, perhaps result in a bankruptcy and cause irreparable reputation damage. Employee theft is the cause of over a quarter of business failures. A third party fidelity bond for pet sitters can mean the difference between closing or running a profitable business that enjoys the trust of its community.
National fidelity bond leader, Surety One, Inc., specializes in underwriting fidelity risks for ALL types of businesses. No background checks are required and we NEVER turn deny an applicant. Call (800) 373-2804, email Underwriting@SuretyOne.com or click here to discuss your pet sitter fidelity bond need. We offer commercial crime coverage, cyber risk and hi-cap third party fidelity bonds in all fifty states, Puerto Rico and the U.S. Virgin Islands.
Surety bond application review and quoting are free of charge. There is no obligation to purchase.