Your billing choices

PEMCO Insurance offers six flexible payment plans:

1. Easy-Pay Plan – Pay one-twelfth of your annual premium and then pay the balance in 11 installments by automatic payments from your checking, savings, or money market account. Sign up today by filling out the Easy-Pay form.
2. 20% Plan – Pay 20% down and then make payments for eight months. You’ll receive a monthly invoice from us. This plan is paid in full after nine months.
3. One-third Plan – Put one-third down and make two additional payments of one-third each the next two months.
4. 40% Plan – Pay 40% down and make two additional payments of 30% each three months apart.
5. 50% Plan – Pay half down and pay the other half in six months.
6. Pay in full at the beginning of your policy term.

If you choose a payment plan other than Easy-Pay, the one-third plan, or paying in full, you’ll pay a $2 handling charge on each installment. Here’s the annual handling charge for each payment plan option.

Plan annual handling charge
1. Easy-Pay (automatic payment) $0
2. 20% down + 8 payments $18
3. 1/3 down +2 payments $0
4. 40% down + 2 payments $6
5. 50% down + 1 payment $4
6. Pay total premium $0