A janitorial surety bond is generally used as marketing tool for your company. The bond does not protect you. The only way that the bond pays out is if you or one of your employees steal and then are convicted in a court of law for the theft. At that point the surety company will pay out, however, you would have to pay the surety company back.
The bond amount is the most the surety company is willing to pay out. Most janitorial companies choose a bond amount of $10,000. This bond runs about $150.00 for the year and can even be emailed to you.
This bond is essentially the same as the Business Services Bond. It can be used as a marketing tool for your business because you can advertise that your business is “licensed and bonded” when you have this bond. This gives your customers peace of mind, knowing that they’re covered if an issue arises.
Businesses that typically get a Janitorial Surety Bond include those that provide services such as:
Learn about how to get your cleaning business licensed, insured, and bonded in our Commercial Cleaning Licensing and Bonding guide.
At Surety1.com we make it easy to apply for your Business Service Bond. Our simple 3 step process is:
Surety1.com is a service of AssuredPartners one of the largest and fastest growing insurance agencies in the nation. Surety1.com is the premier online provider of surety bonds nationwide since 2003. We also maintain an A+ rating from the Better Business Bureau.
