Archives for AutoPay

How to set up Credit Card AutoPayMany iMGA customers have taken advantage of the ability to sign up for auto check payment of their insurance premium.

When they do that they are much less likely to ever miss a payment or incur a late fee. Plus they don’t have to worry about mailing a bill or going online.

Well now iMGA clients who prefer to pay by credit card can take advantage of the same benefits.

That’s right – we now offer automatic recurring credit card payments! Simply pay your client’s invoice with their credit card as normal, then click on the box to “Save for Recurring Payments” and the minimum due will be paid on the due date automatically. They’ll still get a reminder notice each month with the amount we’ll apply to their card and the date we’ll process the transaction.

And of course they’re free at any time to discontinue the automatic payments or change their AutoPay account if they change their mind.

If you’re a Texas insurance agent who would like to offer personal property products from a company focused on making things as easy as possible, start the process here.

No Stamp NeededAs much fun as kids might find it to lick stamps and label envelopes, your clients will appreciate not having to do either once they sign up for AutoPay with iMGA.

Not only will they avoid the need to do any of that, but they can rest assured that every month they’ll get a notice letting them know exactly how much and on what date the system will charge to their checking account. It’ll always be the minimum due on their policy, and will be drawn from their account on the due date (or even a couple days later).

Not only will they save worry and time, they’ll also save money in several different ways:
– They won’t have to pay postage.
– They won’t have to buy envelopes or checks.
– They won’t have a late fee (assuming the payments don’t bounce).
– They will save a minimum of $2 off each installment fee. (This only applies if you set them up for AutoPay when you submit the policy.)

So be sure to ask your clients about AutoPay and set them up with it when you bind the policy.

If you’re a Texas insurance agent who doesn’t yet work with iMGA and you’d like to learn more about us, please tell us more about you.

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