Premium must be paid before Due Date.
25% – Due by Due Date, plus installment fee
25% – Due in 2 months, plus installment fee
25% – Due in 4 months, plus installment fee
25% – Due in 6 months, plus installment fee
$5 installment fee per payment. You will be billed accordingly.
A 25% down payment, plus a $2 installment fee is required to start the EFT payment option. The remaining premium is divided into 9 equal monthly payments.
NOTE: The down payment MUST be paid by credit card, check or cash; it cannot be an automatic EFT payment.
The first automatic withdrawal will be taken from account 60 days after inception date, and monthly thereafter.
A $2 installment fee per payment will be added to premium.
Note: If your policy contains a fire fee premium it MUST be paid in full with the first installment payment.
A $30.00 charge will be applied for any checks or EFT transactions that are not honored or that are returned due to non-sufficient funds (NSF).
Broome Co-operative reserves the right to remove a policy from the payment plan option due to non-sufficient funds (NSF).
There will be a $10.00 late fee charge added to any policy that goes into non-pay cancel pending.
There will be a $10.00 fee for reinstating any policy that has been completely cancelled.
Policies that are not wanted must be returned by due date to avoid a premium charge.