Once you have the signed Premium Finance Corporation Agreement you will send that along with the required down payment to us for further processing. Once we receive the signed agreement and down payment, we will send out the insured's payment coupons and the money to pay the Company or Broker.
Yes. Insureds can make payments online by clicking here or visiting www.xpress-pay.com. Online payments can be made using checking account and routing number, Visa Card, Master Card or Discover Credit Card. Site fee will apply.
Yes insureds can make payments over the phone by calling 1-888-263-9854. Phone payments can be made using checking account and routing number, Visa Card, Master Card or Discover Credit Card. Site fee will apply.
Yes. We will finance policies written with both our in house General Agents as well as other General Agents.
After taxes and fees, the total must be at least $750 for us to finance the policy. If you have a policy that is less than the $750 minimum that you would like us to consider, please contact us about it.
Yes we can finance Worker's Compensation Policies. However, there does have to be another policy financed besides the workers compensation as we do not finance stand alone workers compensation. The Worker's Compensation
Policy cannot be more than 50% of the total premium financed.
We are unable to finance policies that are fully earned, audits on policies, mono-line workers compensation, and bonds.
We offer monthly payment coupons, EFT/Auto Pay and the ability to make payments online. Click here for an EFT/Auto Pay form or click here to pay online.
We offer: 3 to 9 consecutive monthly payments or quarterly payments. (60 days, 90 days, 90 days)
No. Currently all payments have to be made under the insureds log in.
You can obtain a finance agreement online at our website by:
- Clicking "Quote or Check Account Status" and enter the quote under your agency's log in
- Clicking on "Forms" and filling out the On-line request form
- Clicking on "Forms" and printing out the printable quote work sheet and faxing to 1-715-836-9196 or e-mailing to quotes@pfcins.com
Or by Calling us at 1-800-843-7788
Yes we can finance a policy that is mid term. However, we will need to have you collect not only the down payment but any payments that would have been due between the effective date and the date that we are now financing. Also, when financing mid-term we can still only extend the financing out for a maximum of 9 months after the effective date. This means, if the insured is five months into the policy the max number of payments we can offer the insured is four payments.
Yes we can add an endorsement on to a policy as long as you contact us about the additional premium and we have at least 2 payments left. We require the same percentage down as the original finance contract unless the endorsement is $500 or less. Then, we do not require an additional down payment. Also the account needs to be up to date with payments and have 7-10 days before the next payment before we will add the endorsement on to the finance contract.
Yes we can finance policies that are written with different companies/brokers under one finance agreement as long as they are written through the same agency.
Yes we will accept a check from the insured for the down payment. However we will wait 2 weeks before sending out any money to the Company/Broker to insure that the check clears their bank account.
No, however we can accept down payments via EFT from an insureds checking account.
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