How does an insured check an account balance?

Account information is available online through the FinancePro portal, by phone at (817) 855-5500, or through the Capital Premium app on Google Play and iOS.

If the policy cancels, does the loan end?

No. If a policy cancels, the finance account stays active until the loan is paid in full. Capital Premium contacts the agent or the insurance company for cancellation information and applies any return premium received toward the unpaid balance. Bills and notices continue until the loan is cleared.

Does making a payment reinstate cancelled coverage?

No. Only the insurance company can reinstate coverage, and payments on a finance account do not automatically reinstate a policy. The insured's agent can confirm whether a policy has been reinstated.

When are loan proceeds disbursed?

After a quote is accepted and activated by Capital Premium, notification emails provide same-day and future loan disbursement information.

Equipment financing

Capital Premium Financing

Capital Premium Financing is a Draper, Utah insurance premium finance company that works through independent insurance agencies. It advances the premium on a policy so the insured can pay over time, and it services the resulting loan.

Agents quote and issue finance agreements through Easy2Quote, an online tool for quoting, electronic signature, document delivery, online payment, agency commission processing and loan submission. FinancePro gives agents and insureds account visibility: payment tracking, document downloads and balances. The platform integrates with AMS 360, Applied, Nowcerts and other agency systems, and offers custom-branded products, cancellation prevention alerts and a policy preservation service the company calls Capital Touch.

The company began in 1988 and finances a range of commercial and personal policy types. Agencies can enroll in the Agency Advantage Plan, a profit-sharing arrangement that pays a share of the financing generated through their agreements. A quote forwarded from a general agency, broker or another finance company receives a response within minutes, and disbursement notifications follow once a quote is accepted and activated.

Rates, terms and down payments are quoted per policy rather than published. Servicing runs through the FinancePro portal, a phone line and the Capital Premium mobile app, and the insured's own agent remains the contact for coverage questions.

Best for

Independent insurance agencies that want to offer monthly payment plans on commercial policies and reduce cancellations; insureds arrange financing through their own agent rather than directly with the company.

What they do

Commercial insurance premium financing
Personal lines premium financing
Package policy premium financing
Easy2Quote online quoting and eSignature
FinancePro account servicing portal
Agency profit sharing through the Agency Advantage Plan
Cancellation prevention alerts
Custom-branded private label financing

Details

Attribute	Value
Founded	1988

What stands out

Began in 1988 financing insurance premiums through independent agencies
Integrates with agency management systems including AMS 360, Applied and Nowcerts
Says it returns a competitive quote within minutes on a forwarded insurance quote
Account servicing runs through the FinancePro portal and the Capital Premium app for Android and iOS

Common questions

How does an insured check an account balance?: Account information is available online through the FinancePro portal, by phone at (817) 855-5500, or through the Capital Premium app on Google Play and iOS.
If the policy cancels, does the loan end?: No. If a policy cancels, the finance account stays active until the loan is paid in full. Capital Premium contacts the agent or the insurance company for cancellation information and applies any return premium received toward the unpaid balance. Bills and notices continue until the loan is cleared.
Does making a payment reinstate cancelled coverage?: No. Only the insurance company can reinstate coverage, and payments on a finance account do not automatically reinstate a policy. The insured's agent can confirm whether a policy has been reinstated.
When are loan proceeds disbursed?: After a quote is accepted and activated by Capital Premium, notification emails provide same-day and future loan disbursement information.