{"id":574,"date":"2026-01-07T11:03:51","date_gmt":"2026-01-07T17:03:51","guid":{"rendered":"http:\/\/www.suretybonds.com\/blog\/?p=574"},"modified":"2026-02-16T13:23:22","modified_gmt":"2026-02-16T19:23:22","slug":"fidelity-business-bonds","status":"publish","type":"post","link":"https:\/\/www.suretybonds.com\/blog\/fidelity-business-bonds\/","title":{"rendered":"Dishonesty bonds vs. business service bonds \u2014 does your business need both?"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Unfortunately, we don\u2019t live in a perfect world. Employees steal, businesses suffer, and money is lost. Luckily, there is a way to protect your business from unethical employees. Dishonesty and business service bonds help protect your business when you encounter employee theft.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It\u2019s useful to think of the two bonds as providing internal and external protection. Dishonesty bonds are protection for when employees steal from you, while business service bonds are a form of insurance if employees steal from clients. Let\u2019s dive deeper into what these two bonds actually do and how they differ.<\/span><\/p>\n<h2><b>Employee Dishonesty Bonds<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">A dishonesty bond, also known as an employee theft bond, protects against employees stealing company assets. Assets can range from physical or intellectual property to company funds. This bond will reimburse the company if theft occurs, which helps decrease the risk of theft being the cause for a business failure.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Employee theft bonds add an extra layer of assurance for the company. There are three types of employee dishonesty bonds, so you can get one that fits your specific needs.\u00a0<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">Types of Dishonesty Bonds for Businesses<\/span><\/h3>\n<h4><span style=\"font-weight: 400;\">Name Schedule Fidelity Bond<\/span><\/h4>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Coverage: <\/b><span style=\"font-weight: 400;\">This bond covers a specific list of employees. You can add or remove the employees that it covers as your needs change.\u00a0<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul>\n<li aria-level=\"1\"><b>Claims Process: <\/b><span style=\"font-weight: 400;\">You must provide absolute proof, typically via a court decision, that a theft occurred to collect a bond claim.\u00a0<\/span><\/li>\n<\/ul>\n<h4><span style=\"font-weight: 400;\">Blanket Position Bond<\/span><\/h4>\n<ul>\n<li aria-level=\"1\"><b>Coverage: <\/b><span style=\"font-weight: 400;\">This bond protects specific positions rather than individual employees. New employees in these high-risk positions are added automatically upon hiring.\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li aria-level=\"1\"><b>Claims Process: <\/b><span style=\"font-weight: 400;\">You do not need absolute proof to collect on this bond. The surety will investigate and validate claims.\u00a0<\/span><\/li>\n<\/ul>\n<h4><span style=\"font-weight: 400;\">Primary Commercial Blanket Bond\u00a0<\/span><\/h4>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Coverage: <\/b><span style=\"font-weight: 400;\">This bond covers all employees of the company.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Claims Process: <\/b><span style=\"font-weight: 400;\">Under this bond, you can claim the same amount regardless if one or multiple employees committed theft.\u00a0<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Your bond amount and premium rate will vary depending on your business size, bond type, and coverage needs.<\/span><\/p>\n<div id=\"attachment_21642\" style=\"width: 310px\" class=\"wp-caption aligncenter\"><img aria-describedby=\"caption-attachment-21642\" decoding=\"async\" loading=\"lazy\" class=\"size-medium wp-image-21642\" src=\"https:\/\/www.suretybonds.com\/blog\/wp-content\/uploads\/2026\/01\/Dishonesty-V-Business-Service-Bonds-2-300x300.png\" alt=\"dishonesty bond types: name schedule fidelity, blanket position, and primary commercial blanket\" width=\"300\" height=\"300\" srcset=\"https:\/\/www.suretybonds.com\/blog\/wp-content\/uploads\/2026\/01\/Dishonesty-V-Business-Service-Bonds-2-300x300.png 300w, https:\/\/www.suretybonds.com\/blog\/wp-content\/uploads\/2026\/01\/Dishonesty-V-Business-Service-Bonds-2-1024x1024.png 1024w, https:\/\/www.suretybonds.com\/blog\/wp-content\/uploads\/2026\/01\/Dishonesty-V-Business-Service-Bonds-2-150x150.png 150w, https:\/\/www.suretybonds.com\/blog\/wp-content\/uploads\/2026\/01\/Dishonesty-V-Business-Service-Bonds-2-600x600.png 600w, https:\/\/www.suretybonds.com\/blog\/wp-content\/uploads\/2026\/01\/Dishonesty-V-Business-Service-Bonds-2-1536x1536.png 1536w, https:\/\/www.suretybonds.com\/blog\/wp-content\/uploads\/2026\/01\/Dishonesty-V-Business-Service-Bonds-2.png 1920w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><p id=\"caption-attachment-21642\" class=\"wp-caption-text\">Dishonesty Bond Types<\/p><\/div>\n<h2><b>Business Service Bond<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">While a dishonesty bond <\/span><b>protects your business from internal theft<\/b><span style=\"font-weight: 400;\">, a business service bond <\/span><b>protects your clients if an employee steals or damages property while at their personal residence or business location<\/b><span style=\"font-weight: 400;\">. The business service bond is typically recommended for service-based companies and may be a contractual requirement for larger projects.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">These bonds are quite affordable and can be purchased online in minutes. If your employees frequently work in clients\u2019 homes or businesses, a business service bond is a good idea to protect both you and your clients.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Common small businesses that use this bond include caterers, painters, lawn care providers, housekeepers, and security guards.\u00a0<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">Business Service Bond Coverage Amounts\u00a0<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Business service employee dishonesty bonds also have various amounts depending on the work you do. A good rule of thumb is that the larger the residence you work in, the larger your bond amount. For example, a $10,000 bond is typically recommended for residential work. However, if you work in large offices, banks, or hospitals, you may need a $25,000 to $50,000 bond.\u00a0<\/span><\/p>\n<div id=\"attachment_21644\" style=\"width: 310px\" class=\"wp-caption aligncenter\"><img aria-describedby=\"caption-attachment-21644\" decoding=\"async\" loading=\"lazy\" class=\"size-medium wp-image-21644\" src=\"https:\/\/www.suretybonds.com\/blog\/wp-content\/uploads\/2026\/01\/Dishonesty-V-Business-Service-Bonds-3-300x300.png\" alt=\"Business service bond coverage recommendations: $10,000 for small residential, $25,000+ for medium to large residential and commercial\" width=\"300\" height=\"300\" srcset=\"https:\/\/www.suretybonds.com\/blog\/wp-content\/uploads\/2026\/01\/Dishonesty-V-Business-Service-Bonds-3-300x300.png 300w, https:\/\/www.suretybonds.com\/blog\/wp-content\/uploads\/2026\/01\/Dishonesty-V-Business-Service-Bonds-3-1024x1024.png 1024w, https:\/\/www.suretybonds.com\/blog\/wp-content\/uploads\/2026\/01\/Dishonesty-V-Business-Service-Bonds-3-150x150.png 150w, https:\/\/www.suretybonds.com\/blog\/wp-content\/uploads\/2026\/01\/Dishonesty-V-Business-Service-Bonds-3-600x600.png 600w, https:\/\/www.suretybonds.com\/blog\/wp-content\/uploads\/2026\/01\/Dishonesty-V-Business-Service-Bonds-3-1536x1536.png 1536w, https:\/\/www.suretybonds.com\/blog\/wp-content\/uploads\/2026\/01\/Dishonesty-V-Business-Service-Bonds-3.png 1920w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><p id=\"caption-attachment-21644\" class=\"wp-caption-text\">Business Service Bond Recommendations<\/p><\/div>\n<p>Don&#8217;t worry! You&#8217;ll only pay a small percentage of the overall bond amount. For instance, the $10,000 bond costs $125, and the $50,000 bond costs a flat rate of $250.<\/p>\n<h2><b>Buying Your Dishonesty or Business Service Bond\u00a0<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Purchasing either or both of these bonds protects your company from losses due to employee theft. It also assures your customers that you are taking the proper precautions in case of employee misconduct.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">You can purchase your <\/span><a href=\"https:\/\/www.suretybonds.com\/commercial\/employee-theft-bonds\"><span style=\"font-weight: 400;\">dishonesty bond<\/span><\/a><span style=\"font-weight: 400;\"> or <\/span><a href=\"https:\/\/www.suretybonds.com\/commercial\/business-service-bond\"><span style=\"font-weight: 400;\">business service bond<\/span><\/a><span style=\"font-weight: 400;\"> at SuretyBonds.com.\u00a0<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">Additional Materials<\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.suretybonds.com\/edu\/bonds-vs-insurance\"><span style=\"font-weight: 400;\">Bonds vs Insurance<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.suretybonds.com\/edu\/how-to-get-bonded-for-a-cleaning-business\"><span style=\"font-weight: 400;\">How To Get Bonded For a Cleaning Business<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.suretybonds.com\/edu\/small-business-bonds\"><span style=\"font-weight: 400;\">Small Business Bonds<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.suretybonds.com\/commercial\/fidelity-bonds\"><span style=\"font-weight: 400;\">Fidelity Bonds<\/span><\/a><\/li>\n<li aria-level=\"1\"><a href=\"https:\/\/suretypedia.com\/janitorial-bond\/\">What Is a Janitorial Bond?<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Unfortunately, we don\u2019t live in a perfect world. Employees steal, businesses suffer, and money is lost. Luckily, there is a way to protect your business from unethical employees. Dishonesty and business service bonds help protect your business when you encounter employee theft.\u00a0<\/p>\n","protected":false},"author":4,"featured_media":21646,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[158,12,63],"tags":[],"featured_image_src":"https:\/\/www.suretybonds.com\/blog\/wp-content\/uploads\/2010\/04\/Minnesota-PCA-to-CFSS-Blog-Cover-1.png","author_info":{"display_name":"Carol Tice","author_link":"https:\/\/www.suretybonds.com\/blog\/author\/caroltice\/"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Dishonesty Bonds vs. Business Service Bonds<\/title>\n<meta name=\"description\" content=\"Learn the difference between dishonesty bonds vs. business service bonds. Which one do you need for your business?\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.suretybonds.com\/blog\/fidelity-business-bonds\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dishonesty Bonds vs. Business Service Bonds\" \/>\n<meta property=\"og:description\" content=\"Learn the difference between dishonesty bonds vs. business service bonds. Which one do you need for your business?\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.suretybonds.com\/blog\/fidelity-business-bonds\/\" \/>\n<meta property=\"og:site_name\" content=\"Surety Bond Insider\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/suretybond\" \/>\n<meta property=\"article:published_time\" content=\"2026-01-07T17:03:51+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-02-16T19:23:22+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.suretybonds.com\/blog\/wp-content\/uploads\/2010\/04\/Minnesota-PCA-to-CFSS-Blog-Cover-1.png\" \/>\n\t<meta property=\"og:image:width\" content=\"910\" \/>\n\t<meta property=\"og:image:height\" content=\"512\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Carol Tice\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@suretybonds\" \/>\n<meta name=\"twitter:site\" content=\"@suretybonds\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Carol Tice\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Dishonesty Bonds vs. Business Service Bonds","description":"Learn the difference between dishonesty bonds vs. business service bonds. Which one do you need for your business?","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.suretybonds.com\/blog\/fidelity-business-bonds\/","og_locale":"en_US","og_type":"article","og_title":"Dishonesty Bonds vs. Business Service Bonds","og_description":"Learn the difference between dishonesty bonds vs. business service bonds. Which one do you need for your business?","og_url":"https:\/\/www.suretybonds.com\/blog\/fidelity-business-bonds\/","og_site_name":"Surety Bond Insider","article_publisher":"https:\/\/www.facebook.com\/suretybond","article_published_time":"2026-01-07T17:03:51+00:00","article_modified_time":"2026-02-16T19:23:22+00:00","og_image":[{"width":910,"height":512,"url":"https:\/\/www.suretybonds.com\/blog\/wp-content\/uploads\/2010\/04\/Minnesota-PCA-to-CFSS-Blog-Cover-1.png","type":"image\/png"}],"author":"Carol Tice","twitter_card":"summary_large_image","twitter_creator":"@suretybonds","twitter_site":"@suretybonds","twitter_misc":{"Written by":"Carol Tice","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.suretybonds.com\/blog\/fidelity-business-bonds\/","url":"https:\/\/www.suretybonds.com\/blog\/fidelity-business-bonds\/","name":"Dishonesty Bonds vs. Business Service Bonds","isPartOf":{"@id":"https:\/\/www.suretybonds.com\/blog\/#website"},"datePublished":"2026-01-07T17:03:51+00:00","dateModified":"2026-02-16T19:23:22+00:00","author":{"@id":"https:\/\/www.suretybonds.com\/blog\/#\/schema\/person\/6d008e621c62c96e848559edfd69829b"},"description":"Learn the difference between dishonesty bonds vs. business service bonds. Which one do you need for your business?","breadcrumb":{"@id":"https:\/\/www.suretybonds.com\/blog\/fidelity-business-bonds\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.suretybonds.com\/blog\/fidelity-business-bonds\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.suretybonds.com\/blog\/fidelity-business-bonds\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.suretybonds.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Surety Bond Education","item":"https:\/\/www.suretybonds.com\/blog\/category\/surety-bond-education\/"},{"@type":"ListItem","position":3,"name":"Dishonesty bonds vs. business service bonds \u2014 does your business need both?"}]},{"@type":"WebSite","@id":"https:\/\/www.suretybonds.com\/blog\/#website","url":"https:\/\/www.suretybonds.com\/blog\/","name":"Surety Bond Insider","description":"News, Legislation and Updates for the Surety Industry","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.suretybonds.com\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.suretybonds.com\/blog\/#\/schema\/person\/6d008e621c62c96e848559edfd69829b","name":"Carol Tice","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.suretybonds.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/f524210eb070a48d4fc6c341ca2e9075?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/f524210eb070a48d4fc6c341ca2e9075?s=96&d=mm&r=g","caption":"Carol Tice"},"description":"Business journalist Carol Tice has written for Entrepreneur Magazine, the Seattle Times, Dun &amp; Bradstreet and many others. She is a frequent contributor to SuretyBonds.com.","sameAs":["http:\/\/www.caroltice.com"],"url":"https:\/\/www.suretybonds.com\/blog\/author\/caroltice\/"}]}},"jetpack_featured_media_url":"https:\/\/www.suretybonds.com\/blog\/wp-content\/uploads\/2010\/04\/Minnesota-PCA-to-CFSS-Blog-Cover-1.png","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.suretybonds.com\/blog\/wp-json\/wp\/v2\/posts\/574"}],"collection":[{"href":"https:\/\/www.suretybonds.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.suretybonds.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.suretybonds.com\/blog\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.suretybonds.com\/blog\/wp-json\/wp\/v2\/comments?post=574"}],"version-history":[{"count":21,"href":"https:\/\/www.suretybonds.com\/blog\/wp-json\/wp\/v2\/posts\/574\/revisions"}],"predecessor-version":[{"id":21813,"href":"https:\/\/www.suretybonds.com\/blog\/wp-json\/wp\/v2\/posts\/574\/revisions\/21813"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.suretybonds.com\/blog\/wp-json\/wp\/v2\/media\/21646"}],"wp:attachment":[{"href":"https:\/\/www.suretybonds.com\/blog\/wp-json\/wp\/v2\/media?parent=574"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.suretybonds.com\/blog\/wp-json\/wp\/v2\/categories?post=574"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.suretybonds.com\/blog\/wp-json\/wp\/v2\/tags?post=574"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}