|General & Professional Liability Coverage|
|General & Professional Aggregate Limit||$3,000,000|
|Products-Completed Operations Aggregate Limit||$3,000,000|
|Personal and Advertising Injury Limit||Included|
|General & Professional Each Occurrence Limit||$2,000,000|
|Damage to Premises Rented to You Limit||$300,000|
|Medical Expense Limit||$5,000|
|Inland Marine/Business Personal Property Limit||$2,000|
|Identity Recovery Coverage|
|Identity Coverage Limit||$15,000|
It depends on the kind and cost. Under the Business Personal Property/Inland Marine coverage ($2,000 limit), coverage is provided for tangible property used for business. If the value is more than $2000, and it is permanently fixed into the floor or wall (i.e., not movable), then no coverage is provided.
Theft of property under the Inland Marine section is covered as long as there is physical evidence of the theft. This means that unexplained loss, mysterious disappearance, or inventory shortage is not considered a theft and is not covered under our policy. For example, if you have business property in the back of your truck and when you return from an errand it is gone, that will be considered mysterious disappearance and no coverage will respond. If the property was in the cab of the truck and the window was broken, then that means there is physical evidence of a theft and the policy would respond.
We cover over 500 services/trades! Some of our most popular covered services are:
If you do not see your trade listed, feel free to contact us to verify.
An additional insured (AI) is reserved for a business name or landlord you want listed on the policy. It is not for other professional providers and/or co-workers.
When you add a landlord or business name to your policy as an AI, you are extending your policy coverages to protect them from any lawsuit that was caused by your negligence.
In other words, if someone slipped in your space of service and broke their arm, the injured person would sue you and the AI. Since the landlord or business name is added as an AI, your insurance policy would protect both you and them in the suit.
There is a $10 charge for each additional insured.
We recommend trying to add your AI in your account center first, as you will have instant access to the updated certificate in your account after you make the additions. If you have problems online with the AI or have other concerns, we welcome your call.*
*Please note AI's done over the phone may take up to 24 business hours to process, and a service charge may apply.
If you have specific or unique verbiage required by an additional insured, we recommend that you email us directly with this information, and we will manually issue the updated certificate and/or accord. Email us at AlternativeBalanceteam@gmail.com with subject line "AI Custom." Contact us if you have further questions.
Most custom certificates can be processed within 24 hours during regular business hours.
Yes. However, for the most efficient service, we recommend that you complete the application online. Online applications are instant with proof sent to your email and your account center the moment you pay. Get started with our fast and easy application here.
* Additional fee of $20 apply to all phone applications.
Confirmation is instantly sent to your email and your official insurance documents (including policy) are available in your account center 24/7.
Simply login to your account and click "My Policies." Here you will see all policies purchased and will be able to download those as a PDF for printing or saving.
The amount that your policy will pay for claims arising out of one or more of the following offenses:
This protection provides reimbursement for fraudulent use of your social security number to establish credit accounts, secure loans, enter into contracts, or commit crimes. This coverage will provide Case Management Service and Expense Reimbursement for the re-filing of applications for:
You can renew your insurance and membership 24/7 at your convenience by logging into your account center.
That's it! You are issued a new policy. Confirmation is instantly emailed to you and your policy is available instantly in your account center.
Please note: Your effective date will not change unless it has lapsed.
Product liability is an "add on" to the membership that includes our standard plan of professional and general liability. It must be purchased online and is available to new members and current members. As a new member, simply choose the product liability option on our application.
If you are renewing your membership, renew online and select the Product Liability option on your renewal application.
If you are a current member, login to your account and choose your current policy and simply click the "Add Product Liability" button.
*Please note if you are a current policy holder adding product liability, it will not be pro-rated. It will be active from the date of purchase until your expiration date.
Our rates are based on your annual gross sales.
Up to $50,000 the rate is $650 a year
$50,001-$100,000 the rate is $750 a year