Employee Dishonesty Bond

instantly buy employee dishonesty bonds

What is an employee dishonesty bond?

An Employee Dishonesty bond is a fidelity bond that covers your company and your customers against loss caused by employee dishonesty. These fraudulent activities can include, but are not limited to employee’s theft of money, securities, or other property of the employer.

Who needs this bond?

Employers who want to insure against loss of customers due to an employee’s dishonest acts need this bond. Any business can purchase an employee dishonesty bond as a further protection for their business.

What is the amount of the bond?

The amount of the bond is dependent upon the amount of coverage of potential losses due to employee dishonesty you would like to receive.

What is the process to obtain the bond?

Colonial  offers the direct and digital way to obtain an employee dishonesty bond. We are the insurance company — which means no agent, no broker, and no middleman. The steps are easy — get a quote online, fill out your information, and enter your payment method. Your bond will be ready for print instantly. It’s that simple!

Colonial offers you the ability to purchase an I-BOND®. This is a direct issuance of surety and fidelity bonds online instantly.

What does the bond cost?

An employee dishonesty bond is reasonably priced and easy to obtain. You may notice that with other insurance agents and middlemen, your premium rate will fluctuate and include additional hidden fees and costs. Colonial offers our lowest possible rate. Premium is based on the amount of the number of employees you wish to cover and the amount of potential loss coverage you wish to receive.

Does it matter where I get the bond?

It is important to understand how bonds work, and who is the insurance company issuing your bonds. It is easy to obtain an employee dishonesty bond when you deal directly with a quality insurance company licensed to write surety and fidelity bonds. Colonial is an A (Excellent) rated insurance company by A.M. Best that has been incorporated since 1930. We are Treasury listed, and licensed and admitted in all U.S. states and territories.

need assistance?

Alistair Lee

Commercial Surety Analyst

Rita Alfano

Bond Administrator

Kim Leonard

Bond Administrator
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