Washington - Unemployment Compensation — required surety bond in Washington. Apply online in minutes.
A Washington Unemployment Compensation Bond is a financial guarantee for employers who choose to reimburse the state for unemployment claims rather than paying standard quarterly payroll taxes. It ensures that the employer will repay the state for any unemployment benefits distributed to their eligible former employees.
This bond is typically needed by certain non-profit organizations, municipalities, and public entities operating in Washington State. It applies specifically to eligible employers who elect the reimbursable method for managing their unemployment compensation.
The Washington State Employment Security Department requires this bond to protect the state's unemployment trust fund from financial loss. It guarantees that if a reimbursable employer defaults on paying for claims issued to their former workers, the state can recover the owed funds through the surety bond.
To get started, click Apply Now to complete our secure online application in about 5 minutes. Once processed by Noah Insurance Agency, your bond will be delivered directly to you by email.
Premium costs vary based on the specific bond amount required by the state and the applicant's financial and credit history. To get an exact premium quote, please submit a secure online application.
Bond amounts vary and are calculated by the Washington State Employment Security Department, generally based on your organization's gross payroll. Always verify your specific required amount directly with the state agency.
Yes, Noah Insurance Agency (licensed nationwide, 814-718-0060) works with a wide variety of carriers to help applicants secure bonds regardless of their credit profile. Apply online to explore your options.
Filing requirements vary. Once you receive your bond via email from Noah Insurance Agency, you will need to sign it and submit it to the Washington State Employment Security Department according to their current instructions.
Send us a note or call 814-718-0060 — a licensed agent will confirm the bond amount and requirements for you.
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