California Home Care Organization Employee Dishonesty Bond
Bond Requirements & Set Rates
| Bond Amount Required | Annual Premium |
| $10,000 | $100 |
Home care organizations (HCOs) in California provide non-medical services to seniors and individuals who need assistance with daily living. Since caregivers often work inside clients’ homes and may have access to personal belongings, financial safeguards are required by law. The California Department of Social Services (CDSS) requires the California home care organization employee dishonesty bond to protect clients from financial loss caused by theft or dishonest acts committed by a home care organization’s employees.
Cost of a California Home Care Organization Employee Dishonesty Bond
NNA Surety offers the $10,000 California home care organization employee dishonesty bond for $100 per bond term. Secure the surety bond today.
Why You Need an Employee Dishonesty Bond
This type of California fidelity bond serves as a consumer protection measure, ensuring that vulnerable individuals receiving care in their homes have financial recourse if an employee commits a crime. It’s a three-party agreement that involves:
- Principal: Home care organization
- Obligee: California Department of Social Services (CDSS)
- Surety: Bonding company
If a claim is filed and verified, the surety company may compensate the harmed client up to $10,000. The home care organization is then responsible for reimbursing the surety for any claim amount paid.
Get the California Home Care Organization Employee Dishonesty Bond
Secure your home care organization employee dishonesty bond and keep your business compliant with California licensing requirements. Our fast and simple bonding process involves completing this application, receiving an instant quote, and providing payment. Your bond will be emailed to you ready for filing with the state. For more information, call 855-457-2196.