Montana PEO bonds.
From $500.
A Montana professional employer organization registering with the Department of Labor & Industry must show a $50,000 tangible net worth — or post a surety bond to cover the shortfall. The bond is at least $50,000 under MCA 39-8-202. Premiums start from $500, and no credit check up to $50,000.
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How much does a Montana PEO bond cost?
1% of the bond amount, from $500 at the $50,000 minimum. Enter your amount in the calculator for the exact price.
Three steps. One sitting.
No long underwriting queue for the standard PEO bond — enter your amount, pay, and you have the executed bond. Here is the whole thing:
Apply online
Organization details, the bond amount your registration requires, and the effective date — that is the application.
Reviewed & issued
No credit check up to $50,000. Larger amounts may get a quick underwriter look within 48 hours.
File with the Department of Labor & Industry
Submit the executed bond with your PEO registration to satisfy the net-worth requirement. Wet-ink originals mailed whenever the department insists.
What it is and who needs it.
What the PEO bond actually covers
A professional employer organization (PEO) co-employs a client’s workforce — running payroll, withholding payroll taxes, and handling benefits. Because employees and tax authorities rely on the PEO to actually remit wages and taxes, Montana requires registered PEOs to show financial strength under MCA 39-8-202.
The baseline is a $50,000 tangible accounting net worth, shown by audited financials (or compiled financials plus a $100,000 security deposit). A PEO that can’t meet the net-worth floor may instead post a surety bond, letter of credit, or marketable securities of at least $50,000 to cover the deficiency.
The bond protects employees and the state: if the PEO defaults on wages or payroll-related taxes, the department can access the bond. If the surety pays, the PEO repays the surety. Enter the amount your registration requires; premiums start from $500, and no credit check up to $50,000.
You need this bond if you are
Claims, renewal, filing, and what sets the price.
If a claim is made
A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.
The surety investigates and pays a valid claim, up to the bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.
Renewal and term
The premium covers a one-year term from the effective date you choose.
Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.
How to file it
File with the Department of Labor & Industry. Submit the executed bond with your PEO registration to satisfy the net-worth requirement. Wet-ink originals mailed whenever the department insists.
What sets the price
The premium is 1% of the bond amount, $100 minimum: the amount the obligee sets moves the price, not your business profile.
No credit check up to $50,000. Above that, the carrier may run a soft pull, which never affects your score.
Where a check runs, it decides approval; the rate is the same for everyone approved.
One application, issued on the spot.
Submit the application with the bond amount your registration requires — the executed bond is generated quickly, ready to file with the Department of Labor & Industry.
Start the application →Common questions.
Other Montana bonds.
The same bond in nearby states.
Price and requirements checked on the carrier’s application, . Page updated .
PEO bond, issued today.
Premiums from $500. Enter the amount your registration requires and file the same day.