| Number of Installments: 1 | 2 or monthly (EFT monthly) - auto 2, 4, 6 (EFT monthly) - Motorcycle, Recreational Vehicles |
| Installment Fee: | $5 (EFT $1 ) |
| Downpayment: | 25% or 30% (EFT one month's premium or 30%) - auto 2 pay 30%, 4 pay 25%, 6 pay 20% (EFT one month's) - Motorcycles 2 pay 50%, 4 pay 25%, 6 pay 20% (EFT one month's) - Recreational Vehicles |
| Electronic Funds Transfer Program (EFT): | Yes |
| Related Fees: | Non-Sufficient Funds Fee (NSF) - $20 |
| Application of Related Fees: | NSF- for a payment not honored by the insured's financial institution. L - will be charged for any installment payment when either the minimum amount due is not paid on or before the 2nd day after the bill due date, or payment is postmarked (mailed payments) or transacted (phone or internet payments) more than 2 days after the bill due date. A late fee will also be charged if a payment is returned and the payment problem is not remedied on or before the 2nd day after the bill due date. |
| 1The number of installments/payments includes downpayment. Installment fee is not charged on first installment/downpayment. Please note that you have the option to pay your bill in full in one payment to avoid paying any of the applicable installment fees. Reasonable efforts have been made to ensure that this information is accurate, it may not apply to your specific circumstances. You are urged to contact your producer (agent, broker) or insurer with specific questions concerning installment plans. | |
