Payments:

1st payment 25% due on effective date of policy.
2nd payment 25% + service charge due 90 days after effective date of policy.
3rd payment 25% + service charge due 180 days after effective date of policy.
4th payment 25% + service charge due 270 days after effective date of policy.

Service Charges:

A service charge of $ 5.00 will be applied to each applicable billing.

There will be a chargeback fee for any dishonored checks returned. The fee imposed hinges upon the schedule of rates, fees and charge utilized by our depository bank. The fee will not exceed $ 15.00.

Endorsements:

Premiums for endorsements effective during the billing period will be split between remaining payments.

1st payment due on the effective date of the endorsement after the billing period are due in full by the due date on the bill.

Billing Period:

The first 270 days after the effective date of the policy.

Reminders:

A cancellation for non-payment of premium will be issued when a check has been dishonored by the bank. The amount due will be the original premium , plus the bank chargeback fee. This amount will be payable in cash, money order, certified bank check or agency check.

Reinstatement Fee:

To reinstate your policy from cancellation status a $10.00 reinstatement fee will be added.