Arizona Premium Finance Co., Inc. (APFC) offers financing of insurance
policies with a low down payment and low monthly payments.
The customer is not subject to a credit check.
The only requirement for obtaining a premium finance loan is that
the customer is being sold a valid insurance policy that qualifies for
financing. All personal and
commercial policies qualify for financing with the exception of workers
The loan is made at the time the agent sells the insurance policy with
the completion of a simple one page finance agreement. The customer receives a monthly payment coupon book and mails
their payment each month to APFC. We
also can accept payments by telephone with payments made by check or
Arizona Premium Finance Co., Inc. is your single source for premium
financing. We can help your customers pay their insurance premiums
through financing. Our specialty is Assigned Risk, Livery, Taxi and
Commercial premiums. But we can offer all your customers our
service, from large companies with a fleet of vehicles to the first time
car buyer. We will finance Assigned Risk, Livery,
Commercial, Personal Auto, Homeowners, General Liability, Excess &
We build relationships that make the agent and the general agent more
profitable by using Arizona Premium Finance. Contact us at
800-873-2732 to learn how we can help you increase your bottom line.
THE BOTTOM LINE
The bottom line is that premium financing allows the
insurance agent to sell a policy with a lower down payment and lower
monthly payments. The
insurance agent remains the only agent of the insured, is the only party
discussing the insurance policy or needs with the insured, and continues
to sell the insured other products such as homeowners, life, or health
insurance. Many customers can
only afford to purchase insurance with the help of premium financing.
If your agency does not offer premium financing then you will lose
those customers who cannot afford to pay a large down payment or payment
in full of a policy premium as required by an insurance company or
assigned risk plan.
PAYMENT & MONTHLY PAYMENT AMOUNTS
The amount of down payment required and the number
of monthly payments offered varies from State to State. To find out what we offer in your State, call 800-873-2732
and ask for marketing.
Arizona Premium Finance offers:
Number of Payments
Honest & Knowledgeable
Source for Premium Financing
Vehicle Warranty Plans
We will finance assigned risk policies with a lower down payment and offer
lower monthly payments to your customers. This allows the agent to
sell more policies and not loose the customer to a different agent down
This is why captive agents from Allstate, State Farm,
Nationwide, Met-life and others are turning to Arizona Premium Finance Co.
for help in selling policies. New credit and underwriting changes
that require 50% down payment or payment of the full premium are making it
impossible to sell policies through captive companies. By moving
those select customers to the assigned risk plan and offering premium
financing with APFC, you can sell the policy, earn the sales commission
and retain the customer.
Here is an example: The New York Assigned Risk
Plan requires 25% down payment and offers 3 payments. APFC requires
only 15% Down and offers 9 Monthly Payments. With premium financing
the initial down payment is lower and the monthly payments are
Selling assigned risk policies helps your agency earn
more commissions by closing more sales. The agency still remains the
only insurance agent for the customer and the agency still can cross sell
the customer other insurance products. If you do not sell the
customer an assigned risk policy, then the customer will go down the
street to another insurance agent who will sell them the policy with
premium financing by Arizona Premium Finance Co. This gives the
customer the low down payment and low monthly payments.
APFC is presently licensed or authorized to finance
premiums in twenty states and the District of Columbia: Alabama,
Arizona, California, Connecticut, Delaware, District of Columbia, Indiana, Illinois, Louisiana, Maryland, Mississippi, New Jersey,
New Mexico, New York, North Carolina, Oregon, Pennsylvania, South
Carolina, and Tennessee, Washington.
Single Source for Premium Financing
Your single source for Livery, Taxi, Commercial and Personal auto
insurance premium financing.
Arizona Premium Finance uses the latest in automation and computer systems
to provide both the customer and the agent the best possible service.
Good service leads to strong relationships and more profitability for both
the producer and the finance company.
Point of Sale Software
Arizona premium finance has a Windows based Point of
Sale program that makes premium financing easy for the agent. This
program allows the agent to quote the financing terms, print the finance
agreement, the first payment coupon and the funding draft. APFC
software allows you to deliver a professional presentation to your
customer with ease. Additional agency management features can help
you organize your office, deliver a professional presentation to your
customer and increase profitability.
Client Retention Software
Our Client Retention Software makes you more money,
plain and simple. We provide you with the tools to increase your
retention rate. An increased retention rate means more commission to
you. You have access to all the premium finance account information,
in your office. You know exactly how much is owed by your customer
and when it is due. You can see if a payment has been received and
posted to your client's account. When used by your agency, these
tools will help you better serve your customer and increase your
Servicing of Vehicle
APFC will tailor a monthly payment plan to fit your vehicle warranty
policy program. Whether you offer warranties on new vehicles, used
vehicles, RV, engines or after market parts, we can help you sell more
warranties by offering your customers a monthly payment plan.
HOW TO GET STARTED
In order to start financing policies written by your agency, your agency
must be signed up with APFC and you need to receive our New Producer Kit.
All it takes is one telephone call to 800-873-2732 and you will
have a New Agent Kit in your office within 3 business days.
Do not wait until you have a customer in your office.
Get signed up as a producer today.
For information on what payment plans are
available in your State,