Overview — Public Official Surety Bonds from Allstar Financial Group
Allstar Financial Group places Public Official Surety Bonds for individuals who are elected or appointed to municipal, county, or state offices. These bonds guarantee the faithful performance of official duties and are commonly required by statutes, ordinances, or agency rules. As a brokerage general agency with access to multiple admitted and non-admitted markets, Allstar offers flexible placement options for routine to complex public official exposures.
Ideal accounts and appetite
You should consider Allstar’s program for:
- Elected officials (mayors, council members, county commissioners)
- Appointed officials (treasurers, tax collectors, clerks, zoning administrators)
- Local government employees serving in fiduciary or administrative roles that require bonding
- Multi-jurisdictional placements where different bond forms or limits are required
Coverage highlights and advantages
Allstar’s Public Official program provides access to a range of bond forms and limits through multiple carriers. Key benefits for agents include:
- Admitted and non-admitted market options to meet varying state and municipality requirements.
- Ability to place standard, routine bonds quickly and handle non-standard or higher-exposure requests through specialty markets.
- Flexible collateral solutions for non-standard placements; collateral may be required initially but can sometimes be waived after review of financials and work history.
Underwriting notes and minimum premiums
Underwriting focuses on the applicant’s financial stability, public service experience, and the specific bond form and limit requested. Non-standard markets typically require cash collateral; however, collateral requirements and amounts are determined case-by-case after review of submitted financial information and professional history. Minimum premium varies by carrier and bond type—please contact Allstar Financial Group for the appropriate application and an initial quote.
Territories and availability
This program is available in most states. Current availability includes: AL, AK, AZ, AR, CA, CO, CT, DE, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, DC, WV, WI, WY. Placement may be admitted or non-admitted depending on the state and carrier—Allstar will advise on the best market available for each risk.
Why place public official bonds with Allstar Financial Group?
As a brokerage general agency with relationships across multiple carriers, Allstar helps agents navigate bond wording, state requirements, and collateral questions. We work to match each risk to the appropriate admitted or specialty market, and we provide the application forms needed to begin underwriting. For routine public official bonds and more complex or collateralized placements, Allstar offers practical solutions designed for busy agents.
Examples you may see
- You might have a newly elected county treasurer who needs a statutorily required fidelity/performance bond; Allstar can place admitted or non-admitted options depending on the county’s requirement.
- A small municipality appoints a part-time zoning official with limited financial history; Allstar can explore specialty markets and discuss collateral alternatives based on the official’s background.
Please contact our office for the appropriate application and to discuss specific requirements for your client’s Public Official Surety Bond.
Frequently Asked Questions
What types of public official bonds can Allstar place?
Allstar places a broad range of public official bonds, including performance/fidelity bonds, treasurer and tax collector bonds, clerk and recorder bonds, and other statutory bonds required for elected or appointed offices. Availability depends on the state and carrier markets.
When is collateral required and can it be waived?
Non-standard or higher-risk placements frequently require cash collateral. Collateral requirements and amounts are determined after underwriting; in some cases collateral may be waived following review of financial statements and professional experience.
What information do I need to submit to start underwriting?
Typical submissions include the completed bond application, details of the bond form and limit required, applicant’s resume or work history, and relevant financial information. Allstar will provide the correct application form when you contact the office.
Is this program available in my state?
Allstar’s Public Official program is available in most states (see the program listing for full state availability). Whether an admitted or non-admitted market is used depends on the state and the requested bond; contact Allstar to confirm placement options.
Need help placing an account? Connect with a market specialist.