FAQs

What is Professional Liability Insurance?

Professional Liability is also known as malpractice coverage. This covers injuries from the services you and your technicians perform.

What is General Liability Insurance?

General Liability includes common mishaps, such as slip and fall, and damage to your rented premises that you may have caused. Most landlords or lease agreements require some sort of General Liability insurance.

What is Business Personal Property coverage?

Business Personal Property is contents coverage. Insuring essential business items can protect your business against theft, vandalism, and fires. Examples include insuring equipment, computer systems, retail products you sell, and furnishings.

What is Occurrence Based coverage?

This type of insurance covers claims filed after your policy expires, as long as the incident in question took place while your policy was active. On the contrary, a Claims-Made policy only covers you for claims filed during the policy period. This means that if you change insurance companies and a customer files a claim, you may not be protected.

What is a Waiver of Subrogation?

This means your insurance company will pay damages on your behalf without seeking reimbursement from third parties. Many landlords require this in their lease agreement.

What is an Additional insured?

A person or company that has an insurable interest in your business. Most common is a landlord, which extends your liability coverage to them.

What is a Loss Payee?

An entity that has a financial stake in your business personal property. This is usually a lender financing the purchase of equipment.

How long does it take to get approved?

We work quickly to review the information on your insurance application to ensure it is accurate. If everything on your application is correct and we have no questions, the approval process will be completed within 24-48 hours.

How do I get my Certificate of Insurance?

When your insurance application is approved and premium received by ABE, you will receive your insurance certificate via email.

Are payment plans available?

Yes, we offer a flexible payment plan. Simply put 50% down, skip the next month, and then you have up to 10 months to pay the balance. You can find this option on the Calculate Total page of your online application.

Can I apply online?

Yes. Simply click on Apply Now on the top of the website to set-up your User Name and Password. Once you are a member, you have access to our online portal where you can apply/renew and view your policy documents on your personal portal. If you need assisstance from one of our experts, please call 1.800.444.7546.

How do I make changes to my account?

Once you are a member, you have access to our online portal where you can view or make changes to your policy.