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Over the next several centuries, proof of using numerous forms of surety and surety bonds exists in Rome, Persia, Babylon and Middle Ages England. Corporate usages of surety bonds are initially known to have existed in the United States and England in the mid-1800s. The Heard Act (later changed by the Miller Act) was passed in the United States in 1894 needing that surety bonds be published to ensure efficiency of legal responsibilities for all building and construction jobs including federal financing.

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As a company owner, what would happen to your company if a staff member were to cause damage by acting dishonestly? While organization insurance policies frequently cover a standard level of worker dishonesty protection, Main Street America Insurance coverage's Fidelity Bonds offer protection above and beyond many bundle policies. For instance, our Worker Dishonesty bond covers losses from robbery, break-in and depositor's forgery, on either a blanket or scheduled/specific coverage.

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