Protecting Your Customers
This bond provides protection against financial loss of a customer's money, securities, and personal property caused by dishonest acts of the employees of the principal. Our Specialty Outside Services bond coverage is available for off premises exposures for firms such as courier services, valet parking, wrecker services, or vehicle repossession companies as well as others providing outside services. You can provide your clients bonded assurance that property in the hands of your employees will be properly returned when recovered.

There are two forms available. One is a Blanket to all clients and one is Specific to one named client.

Protection For You
An Old Republic Specialty Outside Services Bond will provide protection against loss of your customer’s money, securities, and personal property caused by dishonest acts of your employees upon conviction (*) (**). A standard fidelity bond usually affords no protection for such exposures.

* In order to protect you and your employees against unjustified allegations of dishonesty, the employee must be convicted before coverage would apply.

** North Carolina only: The word "conviction/convicted" is replaced with "indictment/indicted."

A Competitive Advantage
Beyond protection from liability for employee dishonesty, having an Old Republic Specialty Outside Services Bond can give you an important advantage over your competitors. Being able to say, “Our people will be bonded for honesty while on your job” could make a difference in whether a job comes to you or goes to someone else.

Many firms utilize the Specialty Outside Services Bond as a marketing tool. They see the bond as giving them an advantage many of their competitors do not have and make prominent mention of the bond in their advertisements and proposals.

Limits of Coverage
Coverage is available on the Blanket Bond in limits of:
     $2,500 per client/$7,500 aggregate
     $5,000 per client/$15,000 aggregate
     $10,000 per client/$30,000 aggregate

Coverage is available on a named client with a minimum amount of $10,000.
There is no deductible.

Premiums
The cost of this protection is very reasonable. Your premium is determined by the number of your firm’s employees and the limit of coverage desired.

Note:
This contains only a brief summary of coverage and bond provisions. All statements herein are subject to the provisions, exclusions and conditions of the bond form. This coverage is not available in all states.