A Premium Finance Company is engaged in the business of making loans to the insured in order to satisfy payment obligation with the insurance companies

Once an insured signs the premium finance contract, it creates a liability with thePremium Finance Company, and gives the legal rights to cancel the financed insurance coverage if the loan’s payments are not satisfied in the scheduled dates.

An insured has many options to comply with the loan’s scheduled payments:
– Personal check or money order payable to “ABCO Premium Finance”. The check must be sent to the finance company prior to the due dates.
– Online payment option thru
www.abcopfc.com , with check or credit card.
– Credit Card payment option by phone (305) 461-2555.

By law the Premium Finance Company must give a five day grace waiting period at no extra charge. After the five day waiting period an intent of cancellation will be mailed out to the insured and a late fee will be applied to the contract. Finally if payment is not received ten days after the intent of cancellation, the finance contract will be cancelled.

Information is available online 24/7 at www.abcopfc.com. For an insured, the
contract number and the Zip Code will give access to the website.

Personalized customer service is available by phone at (305) 461-2555 weekdays
from 8:30am to 5:00pm (Eastern Time).

For more information please call the Marketing Department at (305) 461-2555
or e-mail us at floapf@abcoins.com