Make A Payment

Visa, MasterCard, Discover and E-Check

Broome Co-operative offers the following payment plan options

Annual Payment:

Premium must be paid in full before effective date

Six Month 4-Pay Option:

  • 25% due at effective date, plus applicable fees.
  • Subsequent installments will be due every 2 months and will be billed accordingly.
  • $5.00 installment fee per payment will be applied.
  • Note: If your policy contains a fire fee premium it MUST be paid in full with the first installment payment.

Monthly EFT Payment Option:

A 25% down payment plus a $2.00 fee is required to start the Monthly EFT Payment Plan. The remaining premium is divided into 9 equal monthly payments. Monthly withdrawals will commence 60 days after effective 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.

Fees:

A $30.00 charge will be applied for any checks or EFT transactions that are returned by the bank. Broome Co-operative reserves the right to remove a policy from the payment plan option returned by the bank. There will be a $10.00 late fee charged to any policy that is not paid by the due date. There will be a $10.00 fee for reinstating any policy that has cancelled.

Financial Standing

Broome Co-operative is rated A′ (A Prime) Unsurpassed by Demotech, Inc.

Broome Co-operative is rated B++ (Good) by AM Best.