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Washington
Unemployment Compensation Bond

400,000+ Bonds issued to 250,000+ satisfied customers.

Coverage Amount: $1,000 - $50,000
Term Length: 1 year
Price Varies
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Washington Unemployment Compensation Bond Guide

Bond Overview

  • Purpose: To guarantee payment of unemployment contributions and taxes
  • Who Needs It: Employers that choose reimbursement rather than paying unemployment taxes 
  • Regulating Body: The Employment Security Department
  • Required Coverage: $1,000–$50,000
  • Premium Rate: $15 per $1,000 ($100 minimum)

Learn all about the bond requirements and process in this guide.

What Is a Washington Unemployment Compensation Bond?

A Washington unemployment compensation bond is required for employers who elect to pay into the Unemployment Compensation Trust Fund in lieu of paying unemployment taxes.

The bond covers the full value of regular benefits and half of the paid unemployment benefits. It creates financial security if an employer fails to pay appropriate unemployment benefits or taxes.

How Much Do Unemployment Compensation Bonds Cost?

A Washington unemployment compensation bond costs a flat rate of $15 per $1,000 with a $100 minimum. Or, you can save 25% by selecting a multi-year term. 

Click below to buy your bond in minutes!

Bond Type
$1,000-$50,000Unemployment Compensation Bond

SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees. 

How Do I Get My Bond?

With SuretyBonds.com, you can buy your Washington unemployment compensation bond instantly online. Just enter your information and checkout in minutes. 

We’ll mail you the bond via your preferred shipping method. Be sure to file it with the Employment Security Department as instructed. 

If you have any questions, call our friendly surety experts at 1 (800) 308-4358 for assistance. 

How Does a Washington Unemployment Compensation Bond Work? 

An unemployment compensation bond creates a legal contract between these three parties: 

  1. Principal: You, the employer filing the bond
  2. Obligee: The Employment Security Department requiring the bond
  3. Surety: The provider issuing the bond

This holds you financially responsible for upholding the provisions of the Revised Code of Washington 50.24.101 and 50.44.060. 

If you break the bond terms, harmed parties can file claims. The surety will pay valid claims up to the bond amount, but you must ultimately refund the surety. 

How Do I Renew My Bond?

These bonds expire annually. To renew your unemployment compensation bond, simply pay your renewal invoice when prompted. 

We’ll begin contacting you by phone and email 90 days before the expiration date.

Call 1 (800) 308-4358 to talk with a Surety Expert

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