Janitorial Bonds

What is a Janitorial Bond?

Janitorial bonds are the most common form of the broader category of business services bonds, providing protection should an employee steal from the customer’s of the business purchasing the bonds (the “insured”). Janitorial bonds are often referred to as “dishonesty” or “employee dishonesty bonds”; however, it’s important to distinguish the coverage offered by a janitorial bond versus a traditional employee dishonesty bond. Janitorial bonds cover loss resulting from theft of the insured’s customer’s property by an employee while on the client’s premises. Employee dishonesty bonds cover loss resulting from theft of the insured’s property by an employee and may also include the same coverage provided by a janitorial bond along with other available coverages.

Why is a Janitorial Bond required?

Janitorial bonds may be required when a cleaning business enters into a contract with a customer to perform janitorial services on the customer’s premises. In addition, many cleaning businesses purchase janitorial bonds to protect the business owner from liability and his/her customers from theft of customer property.

How much does a Janitorial Bond cost?

Janitorial bonds cost as low as $100 per year. Rates are determined based on the amount of coverage purchased and the number of employees working for the insured.

Example: Janitorial Bond Rate Chart

Amount of Coverage

# Of Employees $5,000 $10,000 $25,000 $50,000 $75,000 $100,000
5 or less $100 $126 $187 $257 $320 $359
10 $134 $181 $265 $359 $437 $483
15 $173 $235 $343 $460 $554 $608
20 $212 $290 $421 $561 $670 $733
25 $251 $345 $499 $663 $787 $858


Is a credit check required for Janitorial Bonds?

Credit checks are not required to purchase a janitorial  bond.

Who is protected under a Janitorial Bond?

Janitorial bonds protect the insured from losses resulting from employees of the insured stealing from customers. The surety company will pay the insured for losses proven to be the liability of the insured. The policy allows the surety company to attempt to recover losses paid from the employee who committed the fraudulent or dishonest acts.

Source: Suretypedia 2022

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