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The total annual
premium must be received in our office before we
issue a policy.
We do not have a payment plan.
We do not accept payment by credit card.
We do accept payment by Finance Companies but must have a copy
of the finance agreement.
We do not bill mortgagees. It is your responsibility to
contact the mortgagee for premium payment.
Checks must be made payable to the Connecticut FAIR Plan.
We charge a fee for any check returned by the bank.
Additional premium bills/endorsements will be mailed to you. If
payment is not received when due, a cancellation notice will follow.
A quotation will be mailed for any increase in coverage. If not
paid, the increase will not become effective.
Renewal quotations (applications) are mailed 60 - 90 days
prior to the expiration date to the insured and the producer.
The renewal application must be completed and signed by the insured
and returned to us with the premium. If we do not receive payment
of the full annual premium on or before that expiration date,
coverage will lapse.
We do not mail the renewal quotation to the mortgagee(s).
Renewal quotations are valid up to 60 days after the expiration
date. If payment is received late, but within those 60 days, the
effective date of the renewal policy will be the day we receive
the total annual premium in this office. A 'new' application is
required, if coverage is desired beyond the 60 day period.
There are no automatic renewals.
|Connecticut FAIR Plan - 77 Hartland Street, Suite 308 - P.O. Box 280200 - East
Hartford, CT 06128-0200
Telephone: (860) 528-9546 - Fax: (860) 282-0070