North Carolina PEO bonds.
From $100.
North Carolina licenses professional employer organizations through the NC Department of Insurance under G.S. 58-89A. An applicant files a $100,000 surety bond for the Commissioner — plus an additional bond if current liabilities exceed current assets. Premiums are 1% of the bond amount, with a $100 minimum, shown instantly at the application.
Trusted by industry leaders
How much does a North Carolina PEO bond cost?
1% of the bond amount, from $100. Enter your amount in the calculator for the exact price.
Three steps. One sitting.
Enter your amount, pay, and file with the Department of Insurance. Larger or adjusted bonds get a quick underwriter review. Here is the whole thing:
Apply online
Your PEO details, the bond amount the Commissioner requires, and the effective date — that is the application.
Issued or reviewed
The base $100,000 bond is generated on payment; if your amount reflects a liabilities-over-assets adjustment, an underwriter may confirm within 48 hours.
File with the Department of Insurance
Submit the executed bond with your PEO license application to the NC Department of Insurance, Financial Oversight and Special Entities Division. Wet-ink originals mailed when required.
What it is and who needs it.
What the PEO bond actually covers
North Carolina licenses professional employer organizations (PEOs) — firms that co-employ a client's workers and handle payroll, benefits, and employment taxes — through the NC Department of Insurance under Article 89A of Chapter 58.
Under G.S. 58-89A-50, an applicant files a $100,000 surety bond for the benefit of the Commissioner. An applicant whose current liabilities exceed current assets must file an additional bond equal to or greater than that shortfall. The bond stays in force while the license is active or any PEO obligations remain outstanding.
The bond guarantees the PEO's obligations — including the payment of wages, benefits, and employment taxes it is responsible for. An applicant may instead post an irrevocable letter of credit or deposit cash or securities, but the surety bond, priced from $100, is usually the cheapest path. Enter the amount the Commissioner requires and apply for your exact price.
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 Insurance. Submit the executed bond with your PEO license application to the NC Department of Insurance, Financial Oversight and Special Entities Division. Wet-ink originals mailed when required.
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 or reviewed.
Submit the application with the bond amount the Commissioner requires — the $100,000 base bond issues on payment, and adjusted amounts get a quick underwriter review.
Start the application →Common questions.
Other North Carolina bonds.
The same bond in nearby states.
Price and requirements checked on the carrier’s application, . Page updated .
PEO bond, filed this week.
Premiums from $100. Enter the amount the Commissioner requires and file with the Department of Insurance.