Is it worth it to get ones business bonded?


#1

I’m consider the advantages of bonding ones business. Please let me know what you guys think. Thanks!


#2

I have carried a $10,000.00 employee dishonesty bond since I opened. It will put most customers more at ease with having “strangers” in their home or business. I have customers who let me in their homes and then they leave.

There have been times I have interviewed strong candidates for positions only to find they have a criminal conviction of some kind in their background. I am uneasy about hiring people I know will be in customers’ homes, if they have criminal convictions. If my bonding company won’t cover them, I won’t hire them.

Besides, I want to see Licensed, Insured and Bonded on any literature I accept from any company who wants to do work for me…and I provide the same to my customers.


#3

Adding it to my insurance policy barely made a difference in price. Go for it. Sounds good in your ads.


#4

In all reality(pertaining too business) it looks better if nothing else. In all the years I’ve been at it we’ve never had to submit a claim.It also helps to do background checks to assure this!

Also…its about as useless as **** on a bull for a sole operator.Don’t waste your money unless your going to have or have… employee’s,otherwise it’s kind of redundant having it.