Third Party Fidelity Bond Program from Surety One, Inc.
Standard first-party fidelity bonds do not extend coverage to third-party losses, even when those losses are the result of employee dishonesty. Many commercial crime policies contain exclusions that leave businesses exposed—especially when employees are working on a client’s premises. That’s where third party fidelity bonds come in.
Surety One, Inc. offers standalone third party fidelity bonds designed to fill this gap, helping your clients protect against losses they may cause to others due to employee theft or fraud. Whether you're working with a small janitorial service or a large IT contractor, we provide solutions tailored to the unique exposures of each business model.
Ideal Accounts and Target Classes
This program is suitable for a wide range of service providers and contractors who perform work on client property or have access to sensitive data or assets. We regularly write coverage for:
- HVAC, plumbing, remodeling, carpentry, and general contractors
- Home inspectors, appraisers, cable technicians, and security system installers
- I.T. professionals, software developers, system programmers, and tech instructors
- Janitorial service providers and home care service professionals
- Towing companies, repossession agents, and property recovery specialists
High-limit bonds are commonly requested by clients in the financial services and technology sectors, while smaller limits are ideal for tradespeople and caregivers.
Coverage Highlights and Advantages
Third party fidelity bonds from Surety One, Inc. provide protection against dishonest acts committed by the insured’s employees that cause financial harm to the insured’s clients. This safeguard is especially critical for businesses whose employees have routine access to client property, funds, or confidential information.
Some key benefits of our program:
- Standalone third party fidelity bond forms
- Available for both low- and high-penalty bonds
- Coverage written for all business classes—even high-risk and non-standard operations
- Fast turnaround and responsive underwriting support
Underwriting Considerations
Surety One, Inc. evaluates each submission individually and does not turn away clients based on business class. We are especially experienced with hard-to-place risks such as third party administrators (TPAs), managing general agents (MGAs), title agencies, and labor unions. While minimum premium requirements vary, we offer options for both small and large accounts.
Program Availability
This program is offered on a non-admitted basis and is available in all 50 states, including Washington, D.C. Our broad geographic reach ensures that you can place business no matter where your client is located.
Why Work with Surety One, Inc.
Surety One, Inc. is a trusted managing general agency and excess & surplus lines broker with deep expertise in fidelity and surety bond underwriting. We specialize in custom bonding solutions and pride ourselves on our ability to serve every client, regardless of size or risk class. If your client needs third party fidelity protection, we’ll help you find a solution—even when others won’t.