What Are Janitorial Bonds?
What does it mean to be ‘Bonded’ and why do you, the customer, want to make sure you are covered with janitorial bonds?
Janitorial bonds, or house cleaning bonds, are a type of fidelity bond designed to protect a third party, (Customer) whose property is being cleaned by a janitorial service or house cleaner.
If you own a janitorial service, maid service, carpet cleaning service, or house cleaning service, this is a voluntary bond that allows you to show your prospects that their belongings and property will be safe from theft.
While the janitorial bond does not cover damage, most people insist that the service they hire has a Cleaning Service / Janitorial Bond in place to protect them against theft.
A surety bond protects the party requesting the bond (the Customer) against any financial losses as a result of poor financial decisions, damages, unethical decisions, or a failure to follow state and local laws on the part of you, the Business Owner. The Janitorial Cleaning Service Bond holds you accountable for your business decisions.
Possessing a Janitorial Cleaning Service Bond, tells your Customers that you can be trustedand that you stand behind your business decisions.
So, what are janitorial surety bonds, anyway?
Quite simply it means that a surety bond is a legally binding contract that ensures a certain task is performed. Most janitorial service business owners buy surety bonds because they operate small companies and want a cost-effective way to protect against employees who might choose to act unethically. Even if they trust their staff to the fullest extent, the reality is that their business becomes an easy target if a customer’s belongings go missing.
Janitorial surety bonds are also known by other names such as custodian bonds or business service bonds. Regardless of the name, this bond provides protection for businesses who work with home and business cleaning services.