Skip to content

Premium Financing

The goal of premium financing is twofold. Business owners can alleviate the financial burden associated with paying a lump sum for their insurance premium, and insurance agents can reach a broader audience with specific insurance needs.

Image of premium financing for business and agency

Our Financing Solutions

IPFS offers flexible premium financing with multiple benefits for our agencies and the business owners they insure. Benefits include: immediate commission collection, superior account receivable ratios, reduced billing expenses, enhanced service for your customers, increased annual income, and much more. 

As a
privately held premium financing company, and with over 45 years of experience, our customers receive an unrivaled level of professional care and service. Premium finance programs rely on a range of variables, including down payment amounts and the number of payments. For qualified insureds, we may be able to offer financing for fully earned policies, audits, bonds, and retrospective rated policies.

Sample terms for commercial policy financing might be:

25% down and 9 monthly payments or

15% down and 10 monthly payments

Premium financing illustrated chart

Benefits of Premium Financing from IPFS Illustrated Icon

Access the Agency Dashboard on for insights into how insureds use IPFS services. Available information includes activity data and electronic communication enrollment. Create a range of reports in PDF or Excel workbook formats.

Quoting illustration


Access quotes online at, by email, or by phone. All quotes can be viewed and amended online, and renewal quotes load the prior year’s information, making the process as quick and efficient as possible.

eForms and eSign illustration

eForms & eSign

Automate email delivery to specific addresses in your organization from any device at any time. Electronically collect a signature and submit it online to reduce paperwork.

IPFS Connect Mobile App Icon

IPFS Connect® Mobile App

Access account information 24 hours a day, seven days a week via mobile app. Agents and insureds can make payments, check account status, update account information, and receive important push notifications from IPFS.

Custom Branding Icon

Custom Branding

Highlight your brand and help insureds recognize important IPFS communications by co-branding or white labeling insured-facing points of contact. With custom branding you will create brand awareness and recognition, drive more efficient outcomes by creating a consistent user experience for insureds, and confirm that insureds receive consistent coverage that isn’t interrupted due to a missed payment.

Learn more

Payment Options Icon

Payment Options

Paying for premiums has never been easier. IPFS offers many ways to pay including the ability to make payments in installments, in full, or anytime. Payments can be made by interactive voice response, check or money order to a secured lockbox, bank bill payment, pre-authorized account debit, and credit card. Qualified account holders will be offered enhanced terms through IPFS Credit Advantage®.

IPFS Integrations Icon

IPFS Integrations

Eliminate busy work by integrating with IPFS. Integrations provide powerful reporting, automated data entry, and tracking opportunities with minimal manual intervention, saving time and making daily tasks more efficient. IPFS can integrate with most Agency Management Systems.


Learn more

Cancellation Avoidance Tools Icon

Cancellation Avoidance Tools

Avoid insurance coverage disruption with timely payment due date reminders, cancellation notices via text message and email, impending cancellation reports provided to agents, and the ability for agents to place accounts on hold to delay cancellation.


The technology solutions from IPFS are crafted to solve problems faced by insurance agents, providers, and business owners


IPFS Totalpay

Provide premium payment flexibility to your agency and your customers



A single platform of technology solutions to improve customer experience



ONE platform helps with every step of offering insurance and works seamlessly with your agency


IPFS Payments

Streamlined and simple payment options for insureds

Illustrated partners  bar graph graphic

A Strategic Ally in Premium Financing

Insurance agents, agencies, and underwriters collaborate with IPFS to offer financing solutions to business owners seeking insurance coverage. As a privately held company, IPFS is able to provide custom solutions to fit the needs of our customers in ways other lenders cannot.

One way we provide a competitive edge is with our quick, easy approval process with competitive rates and terms. 

Policyholder arranges insurance through agency
Agency creates a quote using to generate a premium finance agreement
Policyholder signs premium finance agreement and pays down payment
Insurance premium is funded by IPFS in accordance with the premium finance agreement
Policyholder repays IPFS in installments for loan

Because the purchase of insurance premiums does not require financing, the cost of the desired coverage is the same whether your policyholder decides to finance the premium or not.

Loan length depends on several variables. Typical agreements use a nine- or ten-month installment.


We truly believe we have the best customers in the industry. We work hard to individually cater to specific needs for small, medium, and large companies including General Insurance Agents, Managing General Insurance Agents, Captives, and Carriers.

Examples of Industries:

  • Property/Real-Estate
  • Trucking
  • Construction
  • Transportation
  • Hospitality
  • Business Owners

Types of Coverage

IPFS combines superior technology and more than 45 years of great customer service to provide a seamless premium finance experience. We connect insurance agents with dedicated account executives who work closely with them to build custom solutions for business owners.

Types of policies IPFS provides premium finance for includes, but is not limited to:

  • Professional Liability
  • Commercial Auto
  • Trucking
  • General Liability
  • Errors & Omissions
  • Business Owner's Policy (BOP)
  • Personal Lines