For Commercial Accounts what is the Best Premium Finance Company to Use?

I second Capital Premium Finance. They are super proactive and really great to deal with. I do need one more for the NC rating bureau though.
 
Beware IPFS! I worked with IPFS for the past 5 years. I had a commercial client who financed their premium thru them for the last 4 years. The client had continual problems with billing. He failed to pay and his policy was terminated. 4 months later I get a letter from an attorney for IPFS stating I was responsible for the remaining balance of $21K. What? Not sure how an agent could be liable for a client's premium?
 
Beware IPFS! I worked with IPFS for the past 5 years. I had a commercial client who financed their premium thru them for the last 4 years. The client had continual problems with billing. He failed to pay and his policy was terminated. 4 months later I get a letter from an attorney for IPFS stating I was responsible for the remaining balance of $21K. What? Not sure how an agent could be liable for a client's premium?
Actually, there are several scenarios in which you could be.
 
Back
Top