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Ohio PEO bonds.
From $100.

A professional employer organization registering with the Ohio Bureau of Workers’ Compensation must post security if it shows a working-capital deficit, under R.C. 4125.05–4125.051. A surety bond is an accepted form. Premiums start from $100, and no credit check up to $50,000 — enter the amount BWC requires.

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Required when a PEO has a working-capital deficit at registration — R.C. 4125.05–4125.051
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Amount covers the deficit, or up to a year of BWC premiums and assessments
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No credit check up to $50,000 — above that, a soft pull at most, which never affects your score
From $100most qualify at the minimumInstantapproval for mostNo credit check up to $50,000above that, a soft pull at most, never a hard inquiry
Trusted by industry leaders
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
Price

How much does an Ohio PEO bond cost?

1% of the bond amount, from $100. Enter your amount in the calculator for the exact price.

How it works

Three steps. One sitting.

No underwriting queue for the standard PEO bond — enter your amount, pay, and file with BWC. Here is the whole thing:

TODAY · ONLINE

Apply online

Your organization details, the bond amount BWC requires, and the effective date — that is the application.

INSTANTLY

Issued on the spot

No waiting — the executed bond is generated as soon as you pay. Most applications approve instantly. Above $50,000, a soft pull may add a short review.

SAME DAY

File with the Bureau of Workers’ Compensation

Submit the executed bond with your PEO registration. Wet-ink originals mailed whenever BWC insists.

About this bond

What it is and who needs it.

What the PEO bond covers

A professional employer organization co-employs its clients' workers and handles their payroll, taxes, and workers' compensation. Ohio requires PEOs to register with the Bureau of Workers’ Compensation under R.C. Chapter 4125, and a registrant must demonstrate positive working capital.

If a PEO can't show the required working capital at registration or renewal, R.C. 4125.051 lets it cover the shortfall with security — a surety bond, irrevocable letter of credit, or securities — in an amount sufficient to cover the deficit. So this bond is generally only required when there's a working-capital gap.

Separately, BWC may require a bond or letter of credit (assignable to BWC) not to exceed the premiums and assessments for the most recent policy year. The bond protects BWC and the PEO's worksite employees. If the surety pays a claim, you repay the surety. Enter the amount BWC names, and your exact premium — from $100 — appears at the application.

R.C. 4125.05–4125.051 (Bureau of Workers’ Compensation)Under R.C. Chapter 4125, an Ohio professional employer organization registers with the Bureau of Workers’ Compensation and must show positive working capital. R.C. 4125.051 lets a PEO cover any working-capital deficit with a surety bond, irrevocable letter of credit, or securities sufficient to cover the deficit; BWC may also require security (assignable to BWC) not to exceed the premiums and assessments for the most recent policy year. Confirm your required amount with BWC.

You need this bond if you are

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A PEO registering with BWC that shows a working-capital deficit
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Renewing your PEO registration and need to cover a capital shortfall with security
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A newly formed PEO that hasn’t yet built the required working capital
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Choosing a bond over a letter of credit to satisfy the BWC security requirement
After you buy

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 Bureau of Workers’ Compensation. Submit the executed bond with your PEO registration. Wet-ink originals mailed whenever BWC 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 BWC requires — the executed bond is generated instantly, ready to file with your registration.

Start the application →
FAQ

Common questions.

How much is the Ohio PEO bond?Premiums start from $100 and scale with the bond amount and, for larger amounts, your credit profile. The bond amount is set by BWC — sized to your working-capital deficit, or up to your most recent year of premiums and assessments. Enter your figure at the application to see your exact price.
Do all PEOs need this bond?No. A PEO that shows the required positive working capital generally doesn't need to post a bond. The bond (or letter of credit, or securities) is required to cover a working-capital deficit under R.C. 4125.051.
Who requires this bond?The Ohio Bureau of Workers’ Compensation, as part of PEO registration under R.C. Chapter 4125 — not the Department of Insurance. It backs your obligations to BWC and your worksite employees.
Can I use a letter of credit instead?Yes — R.C. 4125.051 accepts a surety bond, an irrevocable letter of credit, or securities. A surety bond is usually cheapest: you pay a one-time premium from $100 rather than tying up cash or bank collateral for the full amount.
Is there a credit check?No credit check up to $50,000. Above that, the carrier may run a soft pull, which never affects your score. Most applicants approve instantly, with premiums set at 1% of the bond amount and a $100 minimum.
Which A-rated carriers underwrite these bonds?Typically Arch Insurance Company (A.M. Best A+) or Nationwide Mutual Insurance Company (A.M. Best A). Which one writes your bond depends on the bond type and your state. The carrier's name and official signature are printed on the bond you receive.
How do I contact Light RFP about this bond?Email insurance@lightrfp.com. It reaches the bond team at Light RFP Risk Management Services LLC (NY DFS License # PC-1978982). Write to us about quotes, applications, bond forms or certificates. We will respond within 24 hours.
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