The cost of bonding insurance depends on the amount of insurance you would like to purchase for your business. You can usually get a policy for a couple hundred dollars.
That depends on the type of business.
You can get insurance and bonding at any insurance agency that provides these services in New York. Almost every insurance agency will do both of these things.
AnswerA local insurance broker can help you get insurance and bonding, you can find them in your yellow pages, google, or can use a referral from a fellow business owner.
You can purchase business insurance and bonding through an insurance broker which can be found online or by a referral from a friend who also owns a business. It is easy to purchase insurance but bonding can be more difficult as bonding is a form of credit. If you have poor credit, you may want to pull your credit and work out any credit issues before you try to apply for bonding. The process of getting insurance or bonding are both basically the same, fill out applications which the broker submits to different carriers to get you quotes. You review the quotes, select which ones you want, then sign all the forms and cut a check for the insurance broker to buy the bonds or policies for you.
Normal business insurance is sufficient for a cleaning service. Bonding is usually only required in dangerous occupations or when there's a potential for a contractor to do serious property damage. For example if you're operating a bulldozer on someone else's land you might do serious damage to their property and should be bonded against claims.
Yes a bond is require. They usually do not cost to much.
Bonding is usually supplied by your business insurance agent under your business liability coverage or sometimes a separate policy.
Contact your insurance agent, and this takes some time. The bonding company will need to see your financial information - about as much as if you were applying for a mortgage - so be patient with the process and give your agent plenty of time.
Bonding, Employee dishonesty, lock and key coverage, general liability, work comp if you have employees, commercial auto if you frequently use a vehicle to go from location to location. Should be $2K-3k in start up insurance costs including the auto.
Well it depends as far as the licensing goes. You need to check with your state and local government to determine if you need a license for a cleaning business. For the bonding and general liability insurance you should carry coverage to protect you against any claim that may occur. The liability policies and surety bonds are not that expensive Your state insurance department is your best resource for insurance-related questions and concerns.
No, you don't have to be bonded to accept a cleaning job in someones home. You can just do so at www.wikihow.com/Start-a-House-Cleaning-business Bonding isnt necessary, so much as it is an insurance in the event of. You will find more people willing to hire you, if you are prepared for liability, so no one has to drag out court costs. http://www.ehow.com/how_2294068_get-bonded.html
Peter Madge has written: 'Civil engineering insurance and bonding' -- subject(s): Business Insurance, Construction industry 'Liability Policy Wordings and Cover'