Binding - Agency Bill

Paid in Full

Eligibility

• Available for all agents and policies.
• Fully earned and special event policies must be paid in full.

How to Bind

• Forward, to our office, a written request to bind that indicates date coverage is to begin. (please be aware we do not backdate coverage)
• Include a signed and completed Application along with all other documentation requested on the indication.
• For retail agents only: Include a copy of your agency check, less your commission, plus all applicable taxes and fees, payable to Pacific Gateway Insurance Agency.
• Mail the physical check to our office (must be postmarked by the next business day for binding to be valid)

Premium Finance

Eligibility

• Available for all agents.
• Not available for fully earned or special event policies.
• You may arrange financing on your own or Pacific Gateway can provide a financing quote through a third party if needed.

How to Bind

• Forward, to our office, a written request to bind that indicates date coverage is to begin. (please be aware we do not backdate coverage)
• Include a signed and completed Application along with all other documentation requested on the indication.
• For retail agents only: Include a copy of your agency check for the down payment amount of 25% less your commission, plus all applicable taxes and fees, payable to Pacific Gateway Insurance Agency. (Please note: 25% down is required irrespective of the finance company's requirements)
• A copy of the signed Premium Finance agreement
• Mail the physical check to our office (must be postmarked on the same business day binding is requested)