Payment Options
- Check Payment ($500 minimum annual premium in most states)
- Direct Debit (Must be used for 12 equal installment plan)
- Credit Card (To pay by credit card, contact our Customer Service Department at 877.528.7878 between 8 a.m.– 6 p.m. ET.)
- Pay-As-You-Owe® (PAYO®) – See details below
- Monthly Self Audit – Policyholder submits payroll spreadsheet with payment on a monthly basis
- Electronic Check (To pay by electronic check, contact our Customer Service Department at 877.528.7878 between 8 a.m.– 6 p.m. ET.)
Installments:
- Pay in full
- 50% Down payment and one installment
- 40% Down payment and 3 quarterly installments (minimum premium of $1,000 required)
- 25% Down payment and 3 equal consecutive monthly installments (Requires annual premiums in excess of $1,000)
- 25% Down payment and 8 equal consecutive monthly installments (Requires annual premiums in excess of $2,500)
- 10% Down payment and 9 equal consecutive monthly installments (Requires annual premiums in excess of $2,500)
- 12 equal consecutive monthly installments (Requires annual premiums in excess of $600 and the use of direct debit)
Pay-As-You-Owe® (PAYO®):
To make workers’ compensation premium payments as seamless as possible for insureds, AmTrust-appointed agents can partner with approved payroll companies. Since workers’ compensation premium is based on payroll, the payroll company calculates the premium at the same time they calculate the insured’s payroll, and will issue monthly reports and premiums directly to AmTrust on the insured’s behalf.
Benefits to binding workers’ comp accounts on PAYO® include:
- Low $200 deposit
- Improves cash flow since employer pays workers’ comp with actual payroll
- Reduces the chance of additional or return premium at audit
- Allows employers better control over their workers’ comp business expense
Getting payroll companies approved is a simple process. To confirm that the payroll company has adequate information on their workers’ compensation report, AmTrust requests a copy of the report and information on how the company will submit the insured’s premium payment. To find out if a payroll company is approved or to submit a company for approval, please contact your
marketing representative.
Payment Information
Payment Offices
AmTrust Insurance Company of Kansas
P.O. Box 318004
Cleveland, OH 44131-8004
Milwaukee Casualty Insurance Company
P.O. Box 318004
Cleveland, OH 44131-8004
Rochdale Insurance Company
P.O. Box 31480
Cleveland, OH 44131-0480
Security National Insurance Company
P.O. Box 318004
Cleveland, OH 44131-8004
Technology Insurance Company
P.O. Box 31520
Cleveland, OH 44131-0520
Wesco Insurance Company
P.O. Box 31880
Cleveland, OH 44131-0880
Overnight Payment
5800 Lombardo Center
Cleveland, OH 44131