Commercial Fidelity Bonds Employee Dishonesty Insurance Near Me

Easily search, locate companies, compare rates and buy Fidelity Bond commercial insurance now!

Fidelity Bonds Commercial Insurance Near Me - also General Liability, Commercial Auto policies and much more available here.
Fidelity Bond and Employee Dishonesty Commercial Insurance Near Me Locator Services

Our website will help you to easily search, locate companies, compare rates and buy Fidelity Bonds by your zip code.

Zip Code:

There are two types of fidelity bonds: first-party and third-party. First-party fidelity bonds protect businesses against intentionally wrongful acts (fraud, theft, forgery, etc.) committed by employees of that business. Third-party fidelity bonds protect businesses against intentionally wrongful acts committed by people working for them on a contract basis (e.g., consultants or independent contractors).

In business partnerships, it is the responsibility of the business working as a contractor or subcontractor to carry third-party fidelity bond coverage, though it is typically the other party who requests or requires such coverage. In many cases, businesses in finance or banking require their contractors to carry third-party fidelity bond coverage to prevent losses from theft.*

A fidelity bond is a form of insurance protection that covers policyholders for losses that they incur as a result of fraudulent acts by specified individuals. It usually insures a business for losses caused by the dishonest acts of its employees.

While called bonds, these obligations to protect an employer from employee-dishonesty losses are really insurance policies. These insurance policies protect from losses of company monies, securities, and other property from employees who have a manifest intent to cause the company loss. There are also many other forms of crime-insurance policies (burglary, fire, general theft, computer theft, disappearance, fraud, forgery, etc.) to protect company assets.

Our commercial insurance brokers and companies make buying Fidelity Bonds easier & at a low cost. Learn more by requesting your commercial insurance free quotes.

How much does it cost for a fidelity bond?

There are many factors that impact cost, such as the extent of coverage, whether there is a deductible (if allowed), and the surety company that issues the bond. As a rule of thumb, a fidelity bond can cost about ½% to 1% of the coverage obtained, so a $1 million bond would cost $10,000. **

We provide access to many Types of Bonds. Specifically Tailored to Your Needs. Most all types of Surety Bonds · Quality Service Guarantee · Issuing Bonds for decades · Employee Dishonesty-Crime Insurance-Fidelity Crime Bonds

 

Commercial Insurance Near Me is here to support your needs for the best small business insurance near me available anywhere.

Commercial Insurance Near Me offers commercial insurance options custom designed to insure your business in case of employee injuries, accidents, property damage, legal liability, business auto, employee-related risks, loss prevention and more.

* Fidelity Bonds USA – Wikipedia
** Small Business Administration

Summary
product image
Aggregate Rating
no rating based on 0 votes
Brand Name
Fidelity Bonds
Product Name
Employee Dishonesty Insurance
Price
USD 30.00
Product Availability
Available in Stock