What is the usual maximum amount for which a fidelity bond is written?

A fidelity bond typically provides coverage for losses resulting from employee dishonesty, including theft or fraud. The usual maximum amount for which a fidelity bond is written can vary depending on the industry and the level of risk involved, but it is commonly set at $10,000 for many standard practices. This amount reflects a balance between the need for adequate protection against potential employee misconduct and the practical considerations of cost and underwriting practices.

For smaller businesses and certain industries, a $10,000 fidelity bond is often seen as sufficient to protect against losses while remaining affordable. Higher amounts are available, but they tend to be associated with businesses that face greater risks or have larger assets at stake.

Recognizing that some businesses may require higher coverage, there are fidelity bonds available with larger limits, but the $10,000 amount serves as a common threshold for many standard situations.