Electronic Funds Transfer (EFT)

Save time, effort, and money paying your insurance premium via EFT.

  • No installment fees.
  • No need to write and mail checks.
  • No need to worry about payment arriving on time.
  • No postage.

Get paid faster when you have a claim.

  • Claims payments go directly to your account – often within hours of settlement.
  • No need for a trip to the bank to make a deposit.

How EFT Works

EFT is a free service that allows you to automatically pay your insurance premium via wire transfer from a banking or money market account of your choice. You can choose to pay all at once or in installments. Several weeks before each bill is due, we send you a reminder to make sure you have enough money in your account to cover the payment. Then, at the agreed date, we issue instructions to your financial institution to forward payment.

Signing up is easy.

Just complete one of the attached forms and mail or fax it back using the address or number provided on the form.

  • Use this form [PDF] if your policy was issued by Balboa Insurance Company, Meritplan Insurance Company, or Newport Insurance Company.
  • Use this form [PDF] if your policy was issued by Atlantic Mutual Insurance Company or Centennial Insurance Company.

Check your policy declarations page to see which company issued your policy.