These bonds are purchased by many businesses in order to protect their clients from theft by employees conducting business in the client’s homes or offices. Sometimes these bonds may be required by certain clients in order to gain your services. There are many different types of business that may purchase these bonds. Some of the more common ones are:
Carpet Cleaning/Restoration Companies
Handymen/general repair services
Home Care Provider
Child Care Provider
*These bonds are not intended for janitorial companies. If you are a janitorial company looking for a bond, please click here.
If you are a business the provides personal service in another’s home or office, this is a great product to help promote your business and gain trust from current and future clients. Once you have purchased a business service bond, you should market this on all business cards, social media and any other flyers or marketing material.
Bond Penalty Amount: varies
Bond Term: 1 year or 3 year (discounts on 3 years)
How much can I expect to pay for my Arizona business service bond?
These bond premiums are based on the amount of coverage and the number of employees a business has. Rates start at just $100 per year for under 5 employees with $5,000 worth of coverage. The premium will increase slightly with as the employees and coverage amount increases.
"Thank you guys so much for the quick response and great rates on all my contractor bonds. With all the other headaches of running a business it’s great to know obtaining the bond with you all is not one of them."
Kevin McElroy, Performance One Electrical Services, Inc.