Installment Payment Plans
Amica’s installment payment plans offer convenience and flexibility. You can arrange for a fixed monthly payment for one or more policies, usually spread over 10 months, or pay more than the minimum amount due each month to reduce your total number of payments. There is a $3 service charge for each installment after the initial payment. Here are a few examples:
Single Policy
If you have one policy, your payments will be spread over 10 or more months.* Here is an example of how it works if you have an auto policy:
Auto policy premium $772 (effective February)
| Installment | Due Date | Installment Amount | Service Charge | Minimum Amount Due |
| 1 | February | 77.20 | 0.00 | 77.20 |
| 2 | March | 77.20 | 3.00 | 80.20 |
| 3 | April | 77.20 | 3.00 | 80.20 |
| 4 | May | 77.20 | 3.00 | 80.20 |
| 5 | June | 77.20 | 3.00 | 80.20 |
| 6 | July | 77.20 | 3.00 | 80.20 |
| 7 | August | 77.20 | 3.00 | 80.20 |
| 8 | September | 77.20 | 3.00 | 80.20 |
| 9 | October | 77.20 | 3.00 | 80.20 |
| 10 | November | 77.20 | 3.00 | 80.20 |
Account Billing (more than one policy)
If you have more than one policy, you can get one statement for all of your policies with a combined installment payment.* Here's an example of how it works if you have both auto and home policies:
Auto policy premium $712 (effective January)
Homeowners premium $458 (effective February)
| Installment | Due Date | Automobile | Homeowners | Service Charge | Minimum Amount Due |
| 1 | January | 71.20 | 0.00 | 71.20 | |
| 2 | February | 71.20 | 45.80 | 3.00 | 120.00 |
| 3 | March | 71.20 | 45.80 | 3.00 | 120.00 |
| 4 | April | 71.20 | 45.80 | 3.00 | 120.00 |
| 5 | May | 71.20 | 45.80 | 3.00 | 120.00 |
| 6 | June | 71.20 | 45.80 | 3.00 | 120.00 |
| 7 | July | 71.20 | 45.80 | 3.00 | 120.00 |
| 8 | August | 71.20 | 45.80 | 3.00 | 120.00 |
| 9 | September | 71.20 | 45.80 | 3.00 | 120.00 |
| 10 | October | 71.20 | 45.80 | 3.00 | 120.00 |
| 11 | November | 45.80 | 3.00 | 48.80 |
*Installment plans and service charges can vary by state and the number of payments can vary depending on whether it’s a new policy or renewal. Customers signed up for automatic payments plans are automatically billed for 10 equal installments.
