Number of Installments: 12, 3, 4, 5, 6, 7, 8, 9, 10
 
Installment Fee:$5
 
Downpayment:2 pay 50%, 3 pay 30%, 4 pay 25%, 5 pay 20%, 6 pay 15%, 8 pay 10%, 9 pay 9.375%, 10 pay 10%
Electronic Funds Transfer Program (EFT): 
Related Fees:Non-Sufficient Funds Fee (NSF) - $30
Late Fee (L) - $25
Application of Related Fees:NSF- will be charged upon receipt of a non-sufficient funds check from an insured in payment of a policy premium.
L - will be made when a notice of non-payment is issued and reinstated when payment is made
 
1The number of installments/payments includes downpayment. Installment fee is not charged on first installment/downpayment.
2 Offered to policyholders who insure both their home and mobile home or auto policy with Preferred Mutual Insurance Company.




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.