What does ABIC mean in INSURANCE


ABIC stands for American Builders Insurance Company. It is an insurance company that provides commercial insurance products and services to businesses across the United States. ABIC offers a wide range of policies that are tailored to meet the specific needs of each customer, from property liability and workers' compensation to professional liability, health, cyber security, energy risk, construction and more. The company has been providing reliable coverage since 1953 and is dedicated to providing clients with quality service and excellent customer care.

ABIC

ABIC meaning in Insurance in Business

ABIC mostly used in an acronym Insurance in Category Business that means American Builders Insurance Company

Shorthand: ABIC,
Full Form: American Builders Insurance Company

For more information of "American Builders Insurance Company", see the section below.

» Business » Insurance

What does ABIC Stand for

ABIC stands for American Builders Insurance Company. This company specializes in providing commercial insurance services and products to businesses throughout the United States. It offers a wide variety of policies, including property liability, workers' compensation, professional liability, health, cyber security, energy risk and construction coverage.

Services Offered by ABIC

ABIC offers customized policies to customers based on their specific needs. For example, they offer commercial property/liability coverage which includes protection for any damage or injury caused by a business’s premises or its operations. Other types of coverage they offer include workers’ compensation which covers medical costs for employees injured on the job as well as disability payments; professional liability which covers negligence claims made by customers; health insurance coverages such as managed care plans; cyber security policies which provide protection from data breaches; energy risk coverages designed for businesses with oil & gas exploration exposures; and specialized construction policies that provide both comprehensive general liability (CGL) coverage as well as project-specific coverages such as builders risk protection or pollution legal liability (PLL).

Essential Questions and Answers on American Builders Insurance Company in "BUSINESS»INSURANCE"

How do I make a claim?

You can contact American Builders Insurance Company directly to report any kind of loss or damage. Please provide basic details about the claim, such as date, location, and nature of the damage. Our customer service representatives will help guide you through the process.

Can I purchase additional insurance coverage?

Yes, American Builder Insurance Company offers additional insurance coverage for customers who wish to increase their protection beyond the original policy limits. Please contact our customer service team to discuss available options and get a free quote.

What happens if my policy is canceled?

If your policy is canceled for any reason, you will be notified by American Builders Insurance Company and will receive a refund for any outstanding premiums that have been paid in advance. Your original policy documents should also contain detailed information on cancellation terms and non-refundable charges.

Is flood damage covered under my policy?

Floods are not typically covered by standard home or business insurance policies from American Builders Insurance Company but can be added as an extra option for an additional premium. Please contact us to learn more about this option and find out if it’s right for you.

Do you offer discounts on policies?

Yes! American Builders Insurance Company offers various discounts depending on the type of policy purchased, including multi-policy discounts and loyalty discounts for existing customers. Contact our customer service team to discuss available options in more detail.

What is included in my policy?

Each individual insurance policy from American Builders Insurance Company includes specific coverages based on its particular needs and those of the insured person. Common coverages include property damage, personal injury liability protection, medical payments coverage and homeowners’ liability coverages. Please review your individual policy documents carefully for a full list of what is included in your plan.

Are there any exclusions to my policy?

Each individual insurance plan from American Builders Insurance Company may have certain limitations or exclusions that may apply outlined in the individual Policy Details section of your documents packet from when you signed up with us. Exclusions are typically listed in general categories such as war activities; terrorism; nuclear activities; illegal operations or misconduct; pollution; mold or asbestos; animals owned; mechanical breakdowns; etc

Final Words:
ABIC is an experienced provider of commercial insurance products and services in the United States. With over sixty years of experience in the industry, they have built up a reputation for reliable coverage tailored to their clients’ individual needs. From property/liability coverages to specialized types of coverage like cyber security or pollution legal liabilities (PLL), ABIC is committed to providing quality products with excellent customer service.

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