Down Payment Schedule
No Personal & Commercial Lines Min Down Pay Max No. Pmts
1 Annual Non Brokered Standard Policies (Agent is licenced with company)
Audited
Non Audited
25%
20%
10
10
2 Annual JUA Policies
Annual CITIZENS Policies & Admitted Homeowner Policies
25%
10%
10
10
3 Annual Brokered and Non Standard/Admitted Policies requiring 10 days or less to effect cancellation:
Pro-Rata Cancellation
90% Pro-Rata
Short Rate
20%
25%
30%
10
10
10
  Annual Brokered Non-Admitted/Surplus Lines Policies* requiring 10 days or less to effect cancellation: 35% 10
  Annual Brokered Non Standard & Admitted policies requiring more than 10 days to effect cancellation:
Pro-Rata Cancellation
90% Pro-Rata
Short Rate
30%
35%
40%
10
10
10
4 Six month policy requiring 10 days or less to effect cancellation. 50% 3
  Six month policy requiring more than 10 days to effect cancellation. 65% 3
5 Additional Premiums:
Effective within first half of payment schedule.
Effective within 2nd half of payment schedule.
30%
50%
 
*Down payment must be at least 5% greater than any minimum earned premium plus taxes and fees on agency new business.
**DPB must be named as loss payee on any policy that has a fully earned premium in the event of a loss.

Toll-free quote line: 1.800.771.1546

or email us at info@dpbonline.com