Recurring Payments | NYAB Insurance
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Automated Payments

Please choose the date you would like us to withdraw money from your account. Remember to chose the day closest to your due date. This system cannot charge you/collect money for payments that are past due. Call our office and pay your past due amount before setting up your Automated Payments to avoid cancellation or late fees.

By setting your Automated payments you agree to following 2 main conditions:

  • You authorize us and our third party provider to charge the amount due in your policy even if its different from the one you entered in the automated form. An amount different than the one you owed will be consider an error therefore we will need to charge your account with the amount required to collect the difference.

  • We will continue to withdraw the funds until you notify us your desire to stop this automated collection. Notification has to be send to us in writing within 5 business days before the selected withdrawing date. Any funds collected after the policy was paid in full will be placed on an escrow account and may be use toward your Renewal Down Payment or just entirely Refunded to you.

To set up this payments you will need:

  • Your Policy Number.
  • The amount due in your policy.
  • Your Checking Account Number and Routing Number.
I Agree