Assigned Risk Payment Plans
If you are assigned to the New York State Automobile Assigned Risk Pool, your payment plan options are shown below. These payment options are established by the New York State Automobile Insurance Plan and are the only two plans available.
- Coverages
- 1
- 2
- 3
- 4
- 5
- 6
- Six Payment Plan
- 25% due on the effective date of policy
- 15% due two months after the effective date of policy
- 15% due three months after the effective date of policy
- 15% due four months after the effective date of policy
- 15% due five months after the effective date of policy
- 15% due six months after the effective date of policy
- Two Payment Plan
- 25% due on the effective date of policy
- 75% due one month after effective date of policy
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* Service Fees are applied per New York State Plan Rules. Your total policy premium must be at least $300.00 to qualify for the six payment plan.
If you are being billed under the Assigned Risk plan, payments can be made directly to the company or through your producer.
