With PathPay Insured, Insureds can choose to set up payments in installments at check out. The the default option is monthly for 10 months, but Insured can also opt for:
Monthly for 6 months
Monthly for 9 months
With PathPay Agency, payment to Pathpoint must be either made in full, or the agency must arrange with their preferred premium finance company to provide the payment to Pathpoint.
If working with a premium finance company, the agency is responsible for ensuring Pathpoint receives the full invoiced amount and may need to provide a down payment separately from the premium finance company.
All payments are due 20 days after bind regardless of financing.
Pathpoint does not currently have a premium finance company, nor does it work with any premium finance companies directly. It is the agency’s sole responsibility to ensure timely payment.