South Carolina PEO bonds.
$500 flat.
South Carolina licenses professional employer organizations under S.C. Code Title 40, Chapter 68 and requires a PEO to maintain at least $50,000 net worth. A PEO that can’t show that directly may post a $50,000 surety bond instead. Ours is $500 flat.
Trusted by industry leaders
How much does a South Carolina PEO bond cost?
$500 at the $50,000 amount, the same for every applicant.
Three steps to filed.
Your PEO license is waiting on financial responsibility. Here's the entire process — no broker phone tag:
Apply once, online
Business details, owner information, a few commercial questions, 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
Pay online and receive the executed bond, ready to file in place of the net-worth proof on your PEO license application. Wet-ink originals mailed whenever the state insists.
What it is and who needs it.
What the bond actually does
South Carolina regulates professional employer organizations under S.C. Code Title 40, Chapter 68. The statute requires a PEO to demonstrate a minimum net worth of $50,000 as a condition of licensure — proof that the organization can stand behind the wages, benefits, and payroll taxes it handles for client companies.
A PEO that cannot show that net worth directly may instead post a $50,000 surety bond as a substitute form of financial responsibility. The bond stands in for the net-worth cushion, giving the state and the PEO’s clients a financial backstop.
It is not insurance for you — if the surety pays a claim, you repay the surety. We issue the $50,000 bond at $500 flat, with a soft credit pull that informs approval, never price. Confirm on your application whether the bond route or a net-worth statement applies to you.
You need this bond if you're
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 $50,000 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; a longer term is the same price per year, chosen at checkout.
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. Pay online and receive the executed bond, ready to file in place of the net-worth proof on your PEO license application. Wet-ink originals mailed whenever the state insists.
What sets the price
The premium is fixed at $500 at the $50,000 amount for every applicant: the carrier’s rate book prices this bond by the form, not by your credit or 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 South Carolina bonds.
The same bond in nearby states.
Been told you need a different amount?
Price and requirements checked on the carrier’s application, . Page updated .
Post your PEO financial responsibility today.
$500 flat, short application, bond issued when you pay. Free until issued.