Financial Strength

Thanks to our exceptional bonding history and insurance coverage of $100 million, property owners can be assured that we‘ll fulfill the contract on time, within budget and according to specifications. The issuance amount of the performance bond typically equals 100 percent of the original contract price. Because we have significant bonding availability as a company, we can support multiple, simultaneous bonded projects. Our bonding capacity provides two additional distinct advantages over competitors. First, it allows us to secure and service large government and other projects for which smaller competitors cannot qualify because of bonding requirements. Second, it helps to instill client confidence in our ability to guarantee project performance.

Our primary insurance package includes commercial general liability and automobile liability coverage. NorthStar further differentiates itself by providing a specialized Environmental CGL Policy that covers all pollutants, including asbestos, lead, and other hazardous materials, causing bodily injury or property damage due to dispersal, seepage, migration or release at any time during the course of a project. We also maintain full workers’ compensation insurance and participate in programs in certain states where required. We also participate in a workers’ compensation loss-sensitive program with an independent insurance company.