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Progressive Direct Insurance Company Installment Payment Plans

Progressive Direct Insurance Company
Number of Installments:1 5, 6 (includes EFT)
Installment Fee: * $5 or $8 (EFT $1 or $4 )
Down payment: 5 pay 20.0%, 25.0%, 27.5%, 30.0%, 6 pay 16.7% (includes EFT)
Electronic Funds Transfer Program (EFT): Yes
Related Fees:

Non-Sufficient Funds Fee (NSF) - $25
Late Fee (L) - $25

Application of Related Fees: NSF - for a check that is returned for Non-sufficient funds L - will be charged for any installment payment that is postmarked (mailed payments) or transacted (phone or internet payments) more than 2 days after the bill due date if the payment is less than minimum amount due. A late fee will also be charged if a payment is returned for non-sufficient funds and the payment problem is not remedied on or before the 2nd day after the bill due date.

 
1The number of installments/payments includes down payment. Installment fee is not charged on first installment/down payment.

*Fee varies depending on company risk criteria.


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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