Fidelity bonds give your business protection in case your employees do something wrong, like steal equipment or engage in fraud. If your employees commit a crime, you could be held liable for their actions and that can mean disaster if they do something wrong. Fidelity bonds are a way that you can protect your company. When you take out Bonds Express fidelity bonds, you will get all the coverage you need at an affordable rate.
With theft and fraud becoming more and more prevalent, you just never know when your employees are going to do something wrong. While you might think you are hiring responsible employees, things can happen in their lives that make them turn to dishonest means of getting money. They might start to embezzle funds from your company or even steal the computers. It is crucial that you protect yourself from anything that can happen.
If your employee does commit a crime, you are going to be held liable and that could mean the end of your business. If you are sued, all your business assets could be lost and you will have to close the business and possibly file for bankruptcy. The bonds are designed to protect your company in case something like this happens.
You have two types of fidelity bonds to choose from. The first type of bond is the first party bond. First party bonds protect your business from the actions of your employees. If your employees steal or engage in fraud or forgery, your business won’t be held accountable for their actions. First party bonds are crucial and you don’t want to risk being without one.
The second type of bonds are the third party bonds that protect you in case a consultant or independent contractor does something wrong. These bonds are going to give your company the protection it needs and they can be a big help when something happens. At Bonds Express, you can get the bonds you need for a reasonable price. It doesn’t matter if your credit is bad and the company serves all 50 states.
You can get a free quote from Bonds Express online and they can get you the bond you need in just 24 hours. They even have overnight delivery. You will always get prompt and professional service from them and if you have been turned down from another company you will definitely want to give Bonds Express a call. They will work hard to get your bond approved so you can move forward with your business.
The employees are helpful and are up to date on all the latest bonding policies. You can get the bond you need quickly when you use them and most applications get a response in just a few hours. They can help you with new bonds and with bond renewals. Once you fill out the application, the underwriting team will review it right away and do everything they can to get you the bond you need.