A. Central Insurance Customers
Paid in Full: The entire premium is paid on the policy effective date with no installment fee. Some policy programs qualify for an additional discount.
Two Payments: A down payment of 50% is due on the policy effective date. The balance is due 60 days after the policy effective date.
Five Payments: A down payment of 15% is due on the policy effective date. The balance will be divided over the remaining four installments. On renewal, the premium is divided over five payments.
Six Payments: A down payment of 15% is due on the policy effective date. The balance will be divided over the remaining five installments. On renewal, the premium is divided over six bi-monthly payments.
Eleven Payments: A down payment of 15% is due on the policy effective date. The balance will be divided over the remaining ten installments. On renewal, the premium is divided over eleven payments.
Auto-Pay: This option allows you to have your insurance payment automatically deducted from a designated checking, savings, or credit card account. The deduction will occur when payment is due on your policy. You can save up to $55 a year with Auto-Pay with zero installment fees. Enable Auto-Pay online through My Account. You can also complete the Authorization Form below and return it to the address listed on the form or your agent.
Important Payment Plan Information
- Installment plans are charged a service fee on each installment; unless otherwise stated.
- If your payment is received after the due date, a fee may be assessed for any non-payment notice issued on your policy based on frequency.
- Endorsements for all policies that are processed during the policy period will be reflected on your next billing statement.
- If your policy is billed to a third party, a copy of the statement will be sent to the named insured as well as the third party.
- A fee will be assessed for checks that are not honored by your banking institution.
- The Motor Vehicle Law Enforcement Fee of $10.00 is collected annually by the state of New York and is applicable to each insured vehicle on an automobile policy.
- Please note payment plan options, associated fees, and availability vary by policy.