• This page, Massachusetts Homeland Ins Co Installment Payment Plans, is   offered by
  • Division of Insurance

Massachusetts Homeland Ins Co Installment Payment Plans

Massachusetts Homeland Ins Co
Number of Installments:1 10 (EFT 12)
Installment Fee:
 
$83 for Excellent Driver Discounts, Safe Driver Insurance Plan Points 0 - 4 and 15% APR for Single Vehicle
Policies With Safe Driver Insurance Plan Points 5 - 45 2
 
Down payment: New Business 10 pay 25%, Renewal Business 10 pay 20%
 
Electronic Funds Transfer Program (EFT): Yes
Related Fees: Non-Sufficient Funds Fee (NSF) - $25
Late Fee (L) - $25
Application of Related Fees: NSF - returned check for insufficient funds, L - will be charged to an insured's policy every time that a statutory notice of intent to cancel is issued in a policy term
1The number of installments/payments includes down payment. Installment fee is not charged on first installment/down payment. Massachusetts Homeland Insurance Company has a four payment plan with a 25% down payment filed. The company indicates the four payment plan is not currently used.
2Interest rates shown are annualized.
3A $5.00 fee will be charged when making a payment via telephone with a
credit card, debit card or e-check.
There is no charge when making a payment online with a credit card, debit card or e-check.

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.

 

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