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Allstar Financial Group
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Allstar Financial Group
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Mercantile Insurance

Mercantile Insurance

Allstar Financial Group, through its Allstar Underwriters division, offers a comprehensive Mercantile Insurance program tailored for small to mid-sized businesses. Designed for independent agents and brokers seeking fast, flexible, and competitive solutions, this program includes Property, Casualty, and Umbrella coverages. With access to multiple carriers and underwriting expertise, Allstar makes it easy to quote and bind coverage quickly through its Small Business Solutions division.

Ideal Accounts and Appetite

The Mercantile Insurance program is built to accommodate a broad range of commercial risks, including:
  • Retail and Wholesale Operations
  • Contractors and Construction-related Businesses
  • Habitational and Institutional Properties
  • Office Buildings and Professional Services
  • Vacant Properties
Whether your client is a general contractor, a retail shop owner, or manages a vacant commercial property, this program offers solutions that meet a wide range of needs and exposures.

Coverage Highlights and Advantages

Property Coverage
  • Total Insured Value (TIV) up to $5 million per location
  • Available as monoline or packaged policies
  • No coinsurance options (subject to risk type)
  • Optional enhancements, including equipment breakdown
Casualty Coverage
  • Monoline or packaged options
  • Minimum premium starting at $500
  • Primary limits up to $5 million / $5 million
  • Project-specific policies available
  • Coverage for uninsured subcontractors
  • Optional endorsements such as:
    • Blanket Additional Insured
    • Waiver of Subrogation
    • Primary Non-Contributory
    • Per Project / Per Location Aggregate
    • Hired & Non-Owned Auto (select classes)
    • Miscellaneous Professional Liability (select classes)
Umbrella Coverage
  • Limits available up to $5 million
  • Minimum premium from $750
  • Supported and unsupported options
  • Underlying requirements include carriers rated A-VI or better (Auto/GL) and B++ or better (Employers Liability)
  • GL limits must meet $1 million / $2 million / $2 million minimums

Underwriting Notes and Minimum Premiums

Minimum premiums vary by line of coverage and risk type, starting at $500 for Casualty and $750 for Umbrella coverage. Allstar Underwriters is experienced in handling a wide range of mercantile risks and offers flexible underwriting and optional enhancements to tailor coverage. Monoline or package policies are available depending on your client's needs.

Territories and Availability

This program is available in most states, with a strong focus on the Southeastern U.S., including Alabama, Georgia, Louisiana, Mississippi, North Carolina, South Carolina, Tennessee, and Virginia. Admitted and non-admitted options are available depending on the state and class of business.

Why Work With Allstar Financial Group?

Allstar Financial Group is a Managing General Underwriter and E&S Broker with a reputation for responsive service and underwriting expertise. Their Mercantile Insurance program is backed by multiple carriers and designed to streamline the placement process for agents and brokers. With quick turnaround times and flexible options, Allstar makes it easier to serve your small business clients across a wide range of industries.

You might have a retail client needing a quick package quote including property and liability, or a contractor requiring project-specific liability with optional umbrella limits — Allstar has the tools and market access to help you place that business efficiently.

Frequently Asked Questions

What types of accounts are a good fit for this program?

This program is ideal for contractors, retail and wholesale businesses, habitational properties, office buildings, institutional risks, and vacant properties.

Can I write monoline coverage or must it be packaged?

You can write either monoline or package policies depending on the client's needs and the line of business.

What is the minimum premium for Casualty and Umbrella coverage?

Casualty coverage starts at $500 minimum premium, while Umbrella coverage starts at $750. Actual premiums may vary based on the specific risk.

Which states is this program available in?

This program is available in most states, with a primary focus on AL, GA, LA, MS, NC, SC, TN, and VA.

Are enhancements like Additional Insured and Waiver of Subrogation available?

Yes, optional enhancements such as Blanket Additional Insured, Waiver of Subrogation, and others are available for qualifying classes.

Need help placing an account? Connect with a market specialist.

U.S. States Available

  • U.S. States Available:
  • Provider Type:
    Managing General Underwriter and Excess & Surplus Lines Broker
  • Admitted:
    Most Available States
  • Carriers:
  • Carrier Ratings:
    A
  • Commission:
    -
  • Min Premium:
    varies

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CONTACT INFORMATION

LOCATION

600 NC Hwy. 42 West
Clayton, NC 27520
877-950-3222
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Allstar Financial Group has other insurance programs like Apartment/Condo Insurance.