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A bond is a special kind of insurance that guarantees your performance to your customer. Many insurance companies will sell performance bonds. Define what kind of bond you need and what the terms of the bond are to be and explain what you want to your insurance carrier.

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17y ago
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12y ago

Bonding is usually supplied by your business insurance agent under your business liability coverage or sometimes a separate policy.

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Q: How does a small company become bonded?
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How do you become bonded in ontario?

To become bonded in Ontario one should first find a bonding company. Fill out the forms, go through the background checks and other hurdles and hopefully you will be bonded.


How does one become licensed and bonded for a home remodeling company?

There are 2 ways to become licensed to do home remodeling in Florida. 1) Study & take the test to become a General Contractor. 2) Put an ad in the newspaper or on Craigslist for a qualifier for your company. To get bonded, you need to call an insurance company or Google it.


If you clean the offices of a small company should you be bonded?

Yes you should be bonded. You will need what they call is a surety bond. This protects you against any employee theft of customer's property.


Are most temporary agencies that hire for housekeeping jobs bonded?

The temp agencies themselves are usually not bonded. The housekeeping company that is hiring should be the company who is bonded, as they are doing the work. Even if hired as a temp, the company should be bonded and insured.


What is your first step in opening a small security company?

Get bonded and insured. Get your business license. Then, get some reliable people with experience. Get the word out.


Why would a company need to be bonded?

A company is bonded because of state licensing decisions. Local governments decide on what companies need to be bonded, typically those that handle money.


What is a bonded driver?

A bonded truck driver is a driver that has no crimminal record and is covered by company bond.


What is a bonded truck?

A bonded truck driver is a driver that has no criminal record and is covered by company bond.


What is a bonded courier?

A bonded courier gives the assurance that, should a package get lost or stolen, its replacement cost is covered. For example, if a company sends a computer via a bonded courier and the delivery is stolen, the bonded courier service is able to reimburse the company for the loss of its computer.


What is a bonded truck driver?

A bonded truck driver is a driver that has no crimminal record and is covered by company bond.


Do you need a lawyer to be bonded?

No, you do not need a lawyer to become bonded, at least not in Ohio. When I owned and managed a maid referral service about 15 years ago, all I had to do to get the maids bonded was to contact an insurance company that handles such matters. Things could have changed in that amount of time, so I checked online; there are companies that do that for you, one of them being State Farm (I am not an agent for any insurance company; just a retired grandma).


Is a company bonded?

Not necessarily. It all depends on what type of company it is and whether or not they need bonding.