Contract Surety - Bid Bonds

Bid Bonds are given by a bidder for a supply or construction contract to guarantee that the bidder, if awarded the contract within the time stipulated, will enter into the contract and furnish the required performance bond. Default will ordinarily result in liability for the difference between the amount of the Principal's bid and the bid of the next low bidder who can qualify for the contract. In any event, however the liability of the surety is limited to the bid bond penalty.

A national, full-service surety Managing General Underwriter, ALLSTAR SURETY helps you satisfy

the needs of your clients with a complete range of contractor bonds.

These bonds range from bid bonds, performance bonds and payment bonds to maintenance bonds and supply bonds.
Our line of construction bonds also extends to license bonds, permit bonds, release of lien bonds, site improvement

bonds and subdivision bonds.

All of our contract surety markets are A.M. Best-rated and U.S. Treasury-listed.

All are competitively priced, and each is backed by superior service.

Let Allstar be your preferred contract surety bond source.

- Standard and Non-Standard Surety Market
- Flexible Terms and Conditions
- Quick Turn-Around

- Local Offices to provide outstanding Service

Contact Allstar today for more information on Contract Surety Bonds.

Let Allstar be your preferred contract surety bond source. Contact one of our underwriters today!

U.S. States Available

U.S. States Available:

Provider Type:

Managing General Underwriter

Admitted:

Most Available States

Carriers:

Carrier Ratings:

A

Commission:

Varies

Min Premium:

Varies

Coverages:

Bid Bonds Insurance Bonds Insurance Bonds/Surety Insurance Contract Bonds Insurance Contract Surety Bonds Insurance Surety Bonds Insurance Surety Bonds-Small Contractors Insurance Surety Bonds-Small Contractors Insurance

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Allstar Financial Group has other insurance programs like Apartment/Condo Insurance.

Allstar Financial Group

Allstar Financial Group

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Contract Surety - Bid Bonds

U.S. States Available