The present invention relates to an unsaturated polyester molding compound, particularly to an unsaturated polyester molding compound adopted as a double insulation material for an electric tool. The unsaturated polyester molding compound comprises, by weight, 45-55 parts of an isophthalic-neopentyl glycol type unsaturated polyester resin, 20-30 parts of a maleic anhydride resin, 10-30 parts of quartz sand, 200-240 parts of heavy calcium carbonate, 100-120 parts of aluminium hydroxide, 50-60 parts of glass fiber, 5-10 parts of a toughening resin, 2-2.5 parts of a high temperature free radical polymerization initiator, 0.1-0.3 part of a low temperature free radical polymerization initiator, 0.1-0.3 part of a polymerization inhibitor, 25-30 parts of a low profile agent, 3-6 parts of a low shrinkage agent, and 1-2 parts of styrene. The unsaturated polyester molding compound has the following advantages that: formability of the unsaturated resin is adopted, the functional filler and the special additive are matched, and the glass fiber is added to reinforce, such that the novel special functionality composite material relying on excellent forming ability of the unsaturated resin is achieved; and the chemical structure of the product is a cross-linking network structure, and the heat distortion temperature of the product is 273 DEG C and is about 25 DEG C higher than the heat distortion temperature of the conventional material, such that the product can achieve excellent thermal strength property when being used for high power electric mallets, electric breakers and the like, wherein the previous material does not have the excellent thermal strength property.