PayMyPremiums helps agents thrive in today’s market while meeting their insureds’ digital demands. And, no matter how PayMyPremiums is accessed, there are a number of benefits for both Agents and Insureds.

Agent Benefits

  • Regardless of whether the insured pays in full or finances, the agency receives gross premium from AFCO Direct 100% of the time
  • Reduces average days’ receivables outstanding
  • Saves the agency time by easing the administrative effort associated with arranging premium financing
  • Maximize revenue with improved premium finance hit ratio by bundling premium finance offering with invoicing

Insured Benefits

  • PayMyPremiums provides insureds additional options for paying agency-billed invoices: pay in full, or finance premiums with competitive rates and terms
  • Insured payments can be made via credit/debit card or ACH
  • Insureds can enroll in recurring ACH payments for monthly installments

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Email us to learn more- or for information on how to get started!

Get started today by Contacting us at: Contact Us | AFCO Direct