subject: 2 Critical Reasons You Might Need A Janitorial Bond [print this page] If you know anything about surety bonds, you may have heard about janitorial bonds. Do you own a cleaning business and need one? How can you tell if you need a janitorial bond in the first place? I have a few thoughts that I'd like to share with you, and I hope you find the information useful. In particular, I have two critical reasons you need a janitorial bond. More on that in a second, but first, let's look at the definition of a janitorial bond. With all the other surety bonds out there, why would a janitorial bond even be needed? I'll explain.
Janitorial bonds are unique in the world of surety bonds. If you need one, you can't afford to be without it. If you don't, you will waste your money if you buy one. Why? Simply because of the structure and definition of a janitorial bond. See, only cleaning services need janitorial bonds. They were created especially for employers that have employees going into homes or businesses. The risk that you face goes more into the two reasons, so we'll talk about that more in a second. Of course, janitorial bonds work like other surety bonds, in that if there is a claim, the surety bond will claim it. You then pay it back. Now, let's look at our two reasons.
First, you need a janitorial bond because it is almost impossible that you will go through your career without an employee stealing from them. It is just in the nature of some people to take something when they have the chance. You need to be protected in case that happens.
Second, it is almost impossible that you will go through your career without some client claiming that your employee stole. You may not realize this, but you are in the same boat either way. You are accused, and have no way to prove differently. That client is still going to take action against you. With a janitorial bond you are safe.
It is important to keep in mind that janitorial bonds do one thing: pay out in case your company is ever accused of theft. They will not protect in any wise the way that normal surety bonds do. You can really get yourself in a lot of trouble confusing the two, or thinking that one will take the place of the other. If you buy the right janitorial bond, and make sure you have bought it from a good surety bond company, you will be good to go.