Employee Dishonesty Bond Guide
Do you need an employee dishonesty bond?
You want this bond if you are interested in protecting your business from your own employee's dishonest acts. For example, if one of your employees commits embezzlement, a claim can be filed.
Apply online, get an approval, provide payment and we will ship the employee dishonesty bond form and policies out to you.
It is optional. However, without an employee dishonesty bond or other coverage, you have no protection from fraudulent acts by your own employees.
Yes. All money handlers must have their credit checked. If an individual has bad credit, it will prevent them from being bonded. However, individuals with credit issues can simply be excluded from the bond.
We have the bond forms on file which we will provide when you apply.
You will be contacted by the bond company who wrote your bond, and it is very important that you respond as soon as possible. You will then have the chance to refute any false claim and discuss the matter with the claims representative to prove that the claim is false.
Surety Bonds do not protect you
The bond is a form of insurance for your clients, which is why many businesses proudly list that they are bonded on their marketing material. However, you will be required to reimburse the bonding company should a claim be paid out.
Fidelity Bonds protect your business
You can protect your business from employee theft and fraud by purchasing a fidelity bond. You can read more in our fidelity bond section.
What's your bond cost?
Bond costs vary by applicant, bond amount, bond type & the agency you choose. You can get a general idea of costs using our Quick Estimate tool to the right or an exact quote instantly online!
Why our rates are so low
When it comes to surety bond insurance, there is safety in numbers. As the largest volume writer in the country, we are able to obtain the lowest rates from the strongest bonding company partners.
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