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Premium Financing

An endorsed program through Premium Finance Brokerage, LLC, this exclusive member benefit enables you to offer personal and commercial lines clients a greater ability to afford their insurance premiums. This program is designed for accounts of any size. Highlights include:

  • Credit card down payment optioneliminate your agency's risk of a disputed charge or bounced check
  • Interest Rate Guaranteework to provide you a competitive rate so you don't have to shop anywhere else
  • Flexible payment terms to fit the needs of your clients
  • Quick Loan Technologysubmit your agreements online for immediate processing
  • Rapid quoting and servicingaccess your customer's account information online
  • Minimum account size—any size commercial or personal lines contract is accepted
  • Revenue Sharingcreate an extra source of income for your business

These features give you a means to extend the value of your agency to clients and turn premium financing into another revenue stream, adding dollars to your agency's bottom line.

How to Get Started (customer financing)

Complete a brief on-line form. For more details about this program, contact Tim Wonder at 800-998-9644, ext. 351 or TimW@IABforME.com

Financing Agency Coverages (agency E&O, EPLI or Data Breach written through IA&B)

You can also use premium financing to manage your own agency's E&O, EPLI, or Data Breach costs when these policies are written through IA&B.

For details, contact Kevin Hord at 800-998-9644, ext. 209 or KevinH@IABforME.com


 
  

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