Past Due - Delinquent Fees
A late payment charge of 1.0% per month is assessed on any unpaid balance 45 days after the later of invoice or policy date. These charges will be applied to any unpaid invoice, including premium, endorsement, or deductible invoices.

Renewal Installment Payment Plan
A payment option is available for members that wish to pay in 4 quarterly installments. Installment fees will be accessed at 2.5% of the outstanding balance and will be invoiced in advance on the 1st, 2nd and 3rd installment billings.

New '90 Day Financing Option
For those members who need more than our current 45 day grace period for payment, but do not wish to go on installments, we offer a short term financing option. With this plan, we finance a second 45 days, (after the grace period), at a rate of .833% per month, (10% annual). This option must be selected prior to the issuance of the renewal, and will be billed on the face of the renewal invoice. Otherwise, any delinquent payment will be treated in accordance with the provisions outlined in our 'Past Due - Delinquent Fees' policy.

Note: Any balances on the 'Installment Plan' and/or '90 Day Financing Plan', which are outstanding on their due dates will be assessed 'Past Due - Delinquent Fees' based on the terms stated above.