Ohio unemployment trust bonds.
From $100.
A nonprofit that elects to be a reimbursing employer — paying unemployment benefits dollar-for-dollar instead of regular contributions — must file a bond with the Ohio Department of Job and Family Services under ORC 4141.241. Pricing starts from $100; one soft credit pull, never affecting your score.
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How much does an Ohio unemployment trust bond cost?
4% of the bond amount, from $100. Enter your amount in the calculator for the exact price.
Three steps to filed.
Your reimbursing-employer election is waiting on this bond. Here is the whole process:
Apply once, online
Organization details, the bond amount the Department set, and the effective date — the only extra step is a one-time consent to a soft credit pull.
Approved
Most are approved as soon as you apply. One soft credit pull, never a hard inquiry, and it never affects your score. If it needs a second look, one to two business days at most.
E-sign & file with Job & Family Services
Pay online and receive the executed bond, ready to file to secure your reimbursing-employer status. Wet-ink originals mailed whenever the Department insists.
What it is and who needs it.
What the trust bond actually covers
Most Ohio employers pay quarterly contributions into the state Unemployment Compensation Fund. A nonprofit can instead elect to be a reimbursing employer — paying the fund back, dollar-for-dollar, for the benefits actually charged to it. ORC 4141.241 lets the Director of Job and Family Services require a bond securing that obligation.
The bond is a public-funds guarantee: it stands behind the reimbursements the nonprofit owes the fund. If the organization fails to repay benefits paid on its account, the Department can recover against the bond, protecting the fund and other employers.
It is not insurance for the nonprofit — if the surety pays, the nonprofit repays the surety. The Director sets the amount based on payroll and benefit exposure (the statute caps it at $2,000,000), and it is reviewed periodically. Enter the amount on your determination and your exact price — from $100 — appears at the application, backed by a soft credit pull that never affects your score.
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 carrier issues this bond for a single two-year term; the term cannot be changed at checkout.
Renewal falls on the statutory date, October 7, in the year your term ends.
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
E-sign & file with Job & Family Services. Pay online and receive the executed bond, ready to file to secure your reimbursing-employer status. Wet-ink originals mailed whenever the Department insists.
What sets the price
The premium is 4% of the bond amount, $100 minimum: the amount the obligee sets moves the price, not your business profile.
One soft credit pull, never a hard inquiry, and it never affects your score.
Where a check runs, it decides approval; the rate is the same for everyone approved.
One application, issued instantly.
These are the actual underwriting fields, including a one-time consent to a soft credit pull. Submit once and your bond is issued when you pay.
Start the application →Common questions.
Other Ohio bonds.
Price and requirements checked on the carrier’s application, . Page updated .
Secure your reimbursing-employer status.
Pricing from $100, soft pull only. Enter the amount the Department set and file the same day.