618-657-7525

Fidelity Bond Insurance

Affordable insurance starts with an easy quote

Product

Location

5.0

Based on 158 reviews

Get a quote

The “Risk Reality”: A Bond Request Is Not Always The Same As An Insurance Request

Many business owners hear “bonded and insured” and assume every bond works the same way. In reality, a fidelity bond can be different from a surety bond, employee dishonesty coverage, Commercial Crime Insurance, or Fiduciary Liability Insurance. The right answer depends on who needs protection, what property or funds are at risk, and whether the request came from a client, contract, lender, landlord, or employee benefit plan.

A cleaning company with employees in customer homes, a nonprofit handling donations, a contractor entering client property, and a business sponsoring an employee benefit plan may all be asking different versions of the same question: what happens if a trusted person misuses access? Fidelity bond insurance gives you a way to review that exposure before a loss or contract issue creates a larger problem.

Fidelity Bond Insurance Coverage

Fidelity bond insurance can vary by bond type, carrier, covered people, bond amount, covered property, and exclusions. Dream Assurance helps you compare options and understand how a fidelity bond may fit with employee dishonesty coverage, business service bond requirements, ERISA bond needs, or broader crime coverage.

What is Covered

Employee Theft or Dishonesty: May help respond when an employee steals money, securities, inventory, equipment, or other covered property.

Client Property Losses: A business service bond may help protect clients if your employee steals from them while performing covered work at their location.

Forgery, Fraud, or Embezzlement: Some fidelity bonds can address covered dishonest acts such as forged checks, embezzled funds, or fraudulent handling of business property.

ERISA Bond Exposure: Certain employee benefit plans may need a fidelity bond to protect plan assets from fraud or dishonesty by people who handle plan funds.

Blanket or Scheduled Employees: Coverage may apply to a group of employees or to specific named/scheduled people, depending on the bond form.

What is NOT Covered (Exclusions)

Poor Workmanship or Contract Performance: A fidelity bond is not the same as a performance bond or contractor license bond that responds to contract or licensing obligations.

General Liability Claims: Bodily injury, property damage, and personal or advertising injury claims usually belong under general liability insurance.

Outside Cyber Attacks: Data breaches, ransomware, and many outside hacking events usually require cyber insurance or specific crime coverage wording.

Owner or Partner Theft: Theft by owners, partners, or certain senior leaders may be excluded or handled differently than theft by employees.

Known Prior Dishonesty or Unsupported Shortage: Losses tied to known prior dishonest acts or unexplained inventory shortages may be excluded or limited.

The “Dream” Difference: Fidelity Bond vs. Similar Coverage

Fidelity bond insurance is often confused with Employee Dishonesty Insurance, Commercial Crime Insurance, surety bonds, and Fiduciary Liability Insurance. We help compare the policy pieces so you can see which one is meant to respond before you choose a bond or coverage form.

Coverage Type	What it usually addresses	Why it may not be enough by itself
Fidelity Bond Insurance	✓ Covered employee theft, client-property theft, ERISA-related dishonesty, or other fidelity exposures depending on the bond form.	✓ This is the focused bond path, but the correct form depends on who needs protection and what requirement must be satisfied.
Employee Dishonesty Insurance	✓ First-party business losses caused by theft, embezzlement, or dishonest acts by employees.	✗ It may not satisfy a client bond requirement or protect customer property unless the right third-party wording is included.
Commercial Crime Insurance	✓ Broader crime-related losses such as employee theft, forgery, funds transfer fraud, computer fraud, and theft of money or securities.	✗ It may be broader than a fidelity bond, but contract, client, and ERISA bond requirements still need specific review.
Surety Bond	✗ License, permit, performance, payment, or other obligations owed to another party.	✗ It is not the same as fidelity protection for employee theft or dishonesty.
Fiduciary Liability Insurance	✗ Claims tied to benefit plan management, fiduciary decisions, plan documents, fees, or plan oversight.	✗ It generally does not replace an ERISA fidelity bond for plan losses caused by fraud or dishonesty.

Request Quote

Fidelity Bond Cost

“How much does a fidelity bond cost?” Pricing depends on the type of bond, bond amount, covered employees, business operations, contract requirements, and underwriting details. The best way to compare fidelity bond insurance options is to review what the bond needs to protect and what requirement it needs to satisfy.

Bond type: A business service bond, employee dishonesty bond, ERISA bond, blanket bond, or schedule bond may be priced differently.
Bond amount or limit: Higher bond amounts usually require more underwriting and can increase premium.
Employee and subcontractor access: Access to customer homes, client property, cash, checks, inventory, plan funds, or financial systems can affect the risk profile.
Business type and controls: Industry, payroll, employee count, background checks, separation of duties, payment controls, and audit practices may all matter.
Claims history and contract wording: Prior losses and specific client, lender, landlord, or plan requirements can influence which bond form is appropriate.

The “Independent Difference”: Why Dream Assurance?

Fidelity bond insurance is not just a checkbox. The right setup depends on whether you are protecting your own business, your clients, a benefit plan, or a contract relationship. Dream Assurance helps you review that fit before you buy a bond or assume a standard policy is enough.

Coverage Gap Review: We help you compare fidelity bonds with Commercial Crime Insurance, Employee Dishonesty Insurance, general liability insurance, and business owner’s policy coverage.
Multiple Market Options: As an independent agency, we can compare options from multiple carriers instead of assuming one bond or coverage form fits every business.
Contract and Client Requirement Support: If a client, landlord, lender, plan, or contract asks for a bond or a Certificate of Insurance (COI), we can help you understand what they are asking for.
Clear Coverage Guidance: We explain bond terms, exclusions, limits, covered people, and coverage tradeoffs in language your leadership, finance, or operations team can use.

Experience the confidence shared by the businesses we support, and let us help turn fidelity bond options into a practical protection plan for your organization.

Dream Assurance

5.0

Based on 158 reviews

review us on

Leslie Franke

2 months ago

Addison was great he was able to match me with the exact insurance policy that I needed at a cost I can afford!!!

Alex D

2 months ago

The insight was unmatched by any other insurance company. I’ll be using them for all my insurance needs.

G Clark

2 months ago

I’ve had a fantastic experience with Dream Assurance. From the very beginning, Kurtis made the process of choosing a plan straightforward and stress-free.

Robert Anderson

2 months ago

If you’re looking for real people that handles your needs fast then dream assurance is the way to go. Micheal Moran is probably the best insurance agent I’ve ever had. No matter the time or day, he finds a way to respond back. Not to mention we’re in two different time zones and he works like we’re in the same state. I wish I could give them more stars. Forgot to mention they’ll beat any insurance rates you find!!!

Need help comparing fidelity bond insurance options? Request a quote and talk with a Dream Assurance agent.
Want to understand the surrounding coverage first? Start with the hub: Commercial Crime Insurance, then compare narrower paths such as Employee Dishonesty Insurance and fidelity bonds.
Build the rest of your protection plan with our business insurance solutions.

Request Quote

Frequently Asked Questions

What is a fidelity bond?

A fidelity bond is a type of protection that can help cover certain losses caused by dishonest acts, such as employee theft, fraud, forgery, or embezzlement. Depending on the bond form, it may protect the business, a client, or an employee benefit plan.

Is a fidelity bond the same as employee dishonesty insurance?

Is a fidelity bond the same as commercial crime insurance?

Who needs a business service bond?

How much does a fidelity bond cost?

Coverage Guidance That Meets You Where You Are

Headquartered in Overland Park, KS and serving clients across multiple states, our team provides straightforward guidance to help you make informed insurance decisions.

If you’re comparing insurance options or reassessing your current coverage, we’ll help you evaluate what you have, identify potential gaps, and find a path forward that makes sense for your situation.