Billing Information
Service Insurance Companies make it easy for insureds to pay their insurance premiums through a variety of options.
Frequently Asked Questions
Annual (Pay in Full), Monthly Installments, Monthly Payroll Reporting
Check, ACH/Electronic Check
When a policy is set up on installment billing, 10% of the premium is due on the effective date of the policy. The remaining balance will be broken into 10 equal installments.
Our Monthly Payroll Reporting (MPR) option is designed to make workers compensation payments as precisely and easy as possible. When you report your payroll monthly via our billing system, your workers compensation premium is specifically calculated for each monthly period.
Benefits include:
- Improves cash flow as premiums are calculated with actual payroll.
- Reduces the chance of additional premium due at audit
Service Insurance Companies
P.O. Box 26850
Austin, TX 78755