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Wisconsin unemployment reimbursement bonds.
$720 flat.

A Wisconsin nonprofit that elects reimbursement financing for unemployment must file an assurance of reimbursement with the Department of Workforce Development under Wis. Stat. § 108.151 — a surety bond is one accepted form. We issue it at $720, one-time; a quick soft credit check may apply, and it never affects your score.

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Required when a reimbursable employer elects reimbursement financing under Wis. Stat. § 108.151
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Guarantees your unemployment benefit reimbursements to the unemployment reserve fund
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One soft credit pull — never a hard inquiry, and it never affects your score
$720flat, one-timeSoft pull onlynever a hard inquiryFastissued the moment you pay
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 a Wisconsin unemployment reimbursement bond cost?

$720 at the $9,620 amount, the same for every applicant.

How it works

Three steps to filed.

Your DWD reimbursement election is waiting on this assurance. Here's the whole process:

TODAY · ONLINE

Apply once, online

Your organization details, the assurance amount DWD required, and the effective date — plus a one-time consent to a soft credit pull.

RIGHT AWAY

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.

WHEN YOU PAY

E-sign & file with DWD

Pay online and receive the executed bond, ready to file with the unemployment fund's treasurer as your assurance of reimbursement. Wet-ink originals mailed whenever the department insists.

About this bond

What it is and who needs it.

What the assurance bond actually guarantees

Most Wisconsin employers pay into the unemployment reserve fund through taxes. A nonprofit can instead elect reimbursement financing under Wis. Stat. § 108.151 — repaying the fund dollar-for-dollar for benefits charged to it — but only after filing an assurance of reimbursement with the fund's treasurer.

The assurance can be a surety bond, letter of credit, certificate of deposit, or other nonnegotiable instrument of fixed value, payable to the unemployment reserve fund. It guarantees the required reimbursement together with any interest and tardy-filing fees, so the fund is protected if a reimbursable employer doesn't pay.

The amount is set by the Department of Workforce Development — generally 4% of your prior-year payroll, or your anticipated current-year payroll, whichever is greater. If the treasurer liquidates part of the assurance to cover a delinquency, you must top it back up within 30 days. We issue the bond at $720 flat; a quick soft credit check may apply and never affects your score.

Wis. Stat. § 108.151 (DWD)Under Wis. Stat. § 108.151, a Wisconsin nonprofit electing reimbursement financing for unemployment must file an assurance of reimbursement with the unemployment fund's treasurer, payable to the unemployment reserve fund and guaranteeing the required reimbursement plus interest and tardy-filing fees. The assurance may be a surety bond, letter of credit, certificate of deposit, or other nonnegotiable instrument of fixed value, generally in an amount equal to 4% of the prior-year payroll or anticipated current-year payroll, whichever is greater as determined by the Department of Workforce Development. The employer must restore any liquidated assurance within 30 days.

You need this bond if you are

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A nonprofit employer electing reimbursement financing for unemployment in Wisconsin
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Filing an assurance of reimbursement with the unemployment fund's treasurer
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Choosing a bond over a letter of credit or certificate of deposit as your assurance
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Restoring a liquidated assurance after the treasurer drew on it for a delinquency
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 $9,620 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 5-year term; the term cannot be changed 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 with DWD. Pay online and receive the executed bond, ready to file with the unemployment fund's treasurer as your assurance of reimbursement. Wet-ink originals mailed whenever the department insists.

What sets the price

The premium is fixed at $720 at the $9,620 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: approved instantly, or after a quick credit check.

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 →
FAQ

Common questions.

How much is the Wisconsin unemployment reimbursement bond?The price is $720, flat and one-time, set by our carrier's rate book for this specific bond. The assurance amount itself is set by DWD — generally 4% of your prior-year or anticipated payroll, whichever is greater — but that figure sets your bond amount, not your price.
What does the bond guarantee?That you reimburse the unemployment reserve fund for benefits charged to your account, plus any interest and tardy-filing fees, if you elect reimbursement financing. If you don't pay, the fund can draw on the bond.
Can I use a CD or letter of credit instead?Yes — § 108.151 accepts a surety bond, letter of credit, certificate of deposit, or other nonnegotiable instrument of fixed value. A surety bond is usually cheapest, since you pay a $720 flat premium rather than tying up the full amount in cash or bank collateral.
Is there a credit check?Yes: one soft credit pull, never a hard inquiry, and it never affects your score. It's the only extra step beyond the application, and the price stays $720 flat either way.
What if the fund draws on my assurance?If the treasurer liquidates part of your assurance to cover a delinquency, you must deposit enough additional assurance within 30 days to restore it to the prior level. We can re-issue or top up the bond as needed.
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.
Related bonds

Other Wisconsin bonds.

Been told you need a different amount?

Price and requirements checked on the carrier’s application, . Page updated .

Your reimbursement election is waiting on one document.

$720 flat, short application, soft pull only. File with DWD in 1–2 business days. Free until issued.

Your price$720
Apply now →