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These bonds are purchased by many cleaning businesses and maid services 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.
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 janitorial 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.