Ideal Accounts and Appetite
This program fits contractors of all sizes who must provide payment bonds to meet contract requirements. Typical accounts include:
- General contractors bidding on public or private construction projects
- Subcontractors needing to meet contract or prime-contractor requirements
- Construction firms bidding on state or federal projects
You might have a client expanding into municipal work who needs their first payment bond, or an established contractor seeking a more flexible surety partner for multiple projects. Allstar’s underwriting team will work with you to place both routine and complex accounts.
Coverage Highlights and Advantages
- Placement for bid bonds, performance bonds, payment bonds, maintenance bonds, and supply bonds
- Support for license, permit, site improvement, and subdivision bonds
- Flexible terms and conditions tailored to contractor cash flow and contract requirements
- Fast turn-around on submissions to help meet bid deadlines
- Local offices and underwriting contact for personalized service
All bonds are placed with established carriers such as Companion, American Southern, and Knightbrook—markets with strong financial ratings and U.S. Treasury listings.
Underwriting Notes and Minimum Premiums
Minimum premiums and terms vary based on bond type, project size, and contractor experience. Allstar offers underwriting flexibility to accommodate both emerging contractors and large, experienced firms. Submit complete financials and project details to accelerate placement—Allstar reviews both standard and harder-to-place risks.
Territories and Availability
This program is available in most states, with active markets in Kentucky, Maryland, Missouri, New Jersey, Ohio, Pennsylvania, and West Virginia. Contact Allstar to confirm availability and appetite in your state or region.
Why Work With Allstar Financial Group
Allstar is a practical partner for agents and brokers who place contract surety. With decades of surety experience, dedicated underwriters, and access to multiple markets, Allstar helps you secure the bonds your clients need—quickly and reliably. Whether the account is a contractor’s first bonded job or a multi-project program, Allstar provides the underwriting support and market access to get the placement done.
Let Allstar be your go-to source for contract surety payment bonds. Contact an Allstar underwriter to discuss a specific account or to start a submission.
- Standard and Non-Standard Surety Markets
- Flexible Terms and Conditions
- Fast Turn-Around on Submissions
- Local Offices and Underwriting Support
Frequently Asked Questions
What types of accounts are a good fit for this program?
Contractors of all sizes involved in public or private construction projects—both general contractors and subcontractors—are a strong fit for Allstar’s payment bond program.
Can Allstar help with non-standard or hard-to-place surety risks?
Yes. Allstar offers flexible underwriting and access to multiple carrier markets to place both routine and more complex or hard-to-place surety risks.
Is this program available in my state?
The program is actively available in KY, MD, MO, NJ, OH, PA, and WV. Contact Allstar to confirm availability in your specific state or county.
What is the typical turnaround time for bond issuance?
Allstar is known for quick response times. Turnaround depends on submission completeness and carrier requirements, but the team prioritizes meeting bid and project deadlines.
Which carriers does Allstar use for this program?
Allstar places bonds with reputable carriers including Companion, American Southern, and Knightbrook—all A.M. Best–rated and U.S. Treasury–listed where applicable.
Need help placing an account? Connect with a market specialist.