Ideal Accounts and Appetite
This program is designed for licensed contractors and builders with performance obligations under public or private contracts. Whether your client is a general contractor handling a state-funded infrastructure project or a subcontractor providing specialty services on a commercial build, Allstar can help place the right bond solution.
You might have a client bidding on a municipal road improvement project in Ohio or a contractor supplying materials for a commercial development in Pennsylvania. These are excellent fits for Allstar’s Performance Bond program.
Coverage Highlights and Advantages
- Performance Bonds with optional Payment and Maintenance Bond coverage
- Access to a full suite of contract surety bonds including bid, license, permit, site improvement, and subdivision bonds
- Underwritten through A.M. Best-rated and U.S. Treasury-listed carriers
- Competitive pricing and fast turnaround times
- Local offices for responsive, personalized service
Underwriting Notes and Minimum Premiums
Allstar offers flexible terms and conditions designed to accommodate both standard and hard-to-place risks. Minimum premiums vary depending on the size and complexity of the bond request. Submissions should include contract details, financials, and relevant experience to expedite underwriting.
Territories and Availability
This program is available in most states, including KY, MD, MO, NJ, OH, PA, SD, and WV. Allstar works with Companion, American Southern, and Knightbrook to deliver admitted solutions in these regions, subject to market availability.
Why Work With Allstar Financial Group
With decades of experience in surety bonding, Allstar understands the urgency and complexity of contractor needs. Their dedicated underwriters provide quick responses, flexible structures, and access to multiple markets to help you place more business. Whether your client is a seasoned contractor or a new entrant with a solid opportunity, Allstar can help you deliver the right performance bond solution.
Let Allstar be your preferred contract surety bond source. Contact one of our underwriters today!
Frequently Asked Questions
What types of accounts are a good fit for this Performance Bond program?
Licensed contractors and subcontractors bidding on public or private construction projects, especially those in KY, MD, MO, NJ, OH, PA, SD, and WV, are excellent fits for this program.
What supporting documents are needed for a Performance Bond submission?
Typical submissions should include the contract agreement, project details, financial statements, and the contractor’s experience history.
Are maintenance or payment bonds available as part of this program?
Yes, Allstar Surety can include payment and maintenance bond coverage along with the primary performance bond as needed.
How fast can Allstar issue a Performance Bond?
Allstar is known for quick turnaround times, especially when complete submissions are provided. Local offices help ensure responsive service.
Do you accept accounts that don’t qualify for standard surety markets?
Yes, Allstar offers solutions for both standard and non-standard risks, with flexible underwriting to meet a wide range of client needs.
Need help placing an account? Connect with a market specialist.