Dedicated Account Team

AFCO provides retail agents and brokers outstanding service through dedicated professional Account Executives and Business Development Officers and innovative products and services.  Your AFCO team gets to know your business needs and will develop a cohesive relationship with your staff.

Creative Financing Options

A strong commitment to exceeding your financing needs with new and innovative financing alternatives specifically designed for both your agency, and your insureds is a fundamental pledge.   AFCO strives to customize terms and billing cycles to best fit your needs, and the needs of your insureds.

AFCO Makes Financing Easy

Our operational systems make working with premium financing easy.  Both quoting and account lookup are available 24/7, and with our new Electronic Premium Financing Plus (EPF Plus) product, your insureds can even set-up and complete the entire financing process electronically, from e-Signature, to down payment, to ongoing monthly payments via Electronic Funds Transfer (EFT), all through the Internet.

Financing with AFCO offers significant benefits for your agency, and for your insureds:

AFCO Benefits for Your Agency:

• Signature-ready contracts faxed or emailed directly to brokers and agents within minutes
• An excellent alternative to more restrictive carrier installment plans
• Multi-platform quoting, including phone and Internet
  
• Policy Preservation Process© -- ongoing contact process that assures one of the lowest cancellation rates in the industry
• 24/7 Internet access to all account information
• Billing notices for program and affinity business customized with your agency or program name
• Reduces administrative time and expense associated with premium billing and collection
• Multiple agency funding options - electronic ACH payment, check or Federal Wire Transfer
• Solidifies your position as a full-service agency, addressing the entire transaction
• Revenue-sharing/administrative reimbursement program available in permissible states

AFCO Benefits for Your Insureds

• Excellent terms and rates typically below commercial lenders
• 7 different payment options available, including online payment
• Maximizes cash flow
• One-stop shopping all handled by your agency
• Additional source of funds while maintaining existing credit lines
  
• Quick approval process, normally within 24 hours
• Simple two-page contract provides account billing for all carriers and coverages
• No fees
• Bankruptcy financing available
  
• Customized payment plans for seasonal businesses
• Plans available for retrospectively-rated, auditable, and non-cancelable policies