- November 22, 2016
- Posted by: Surety Bond Experts
- Category: Business Service Bonds, Surety Bonds
Over the last decade, the U.S. Service Industry has grown significantly. This industry includes, but is not limited to, human resources, IT, leadership development, home cleaning services, in home personal care, auto dealerships, and many more. Therefore, it is important that companies are protected from any form of negligence or fraud that these outsourced services may incur.
There are many benefits to requiring a business that you work with to be bonded, such as protecting yourself from liability and showing your customers that they can trust in your business. If a customer knows that a business is taking the extra steps to protect them, they are more likely to choose your business for its service. Another advantage for requiring a business service bond when working with another business, is that it also protects for on-premises incidences.
The service sector has shown significant growth, encouraging many businesses to outsource or bring on additional employees to continue providing services at a rapid pace. The benefit of a business service bond is that it protects your company from fraudulent or negligent work incurred by a third party or employee. This helps to build confidence to your customers that they are protected from any wrongdoing or negligence. A business service bond also provides protection for on-premises incidences.
We here, at GotSuretyBonds are an independent bond-only agency, committed to the principles of service, integrity and professionalism. We view our clients, employees and underwriters as our “business family”. We strive to offer each and every one of them unsurpassed attention and support to ensure a mutually beneficial relationship. We have a keen understanding that success for everyone is only possible through helping all of our constituents achieve their goals and objectives, we believe that a truly satisfied customer, employee or vendor is the best business strategy of all. Our surety bonding services help create a blueprint for success. Our principals have relationships nationwide and have earned the trust of underwriters. Because of our credibility within the underwriting community and longevity in the industry, we are able to act as powerful advocates for our clients. We have a unique, tactical process to professionally design and present a thorough financial picture with risk and financial analyses to the surety market.