Ghent West Virginia WV Commercial Insurance Premium Financing
Chelsea develops customized incentive programs for agents in Ghent West Virginia WV to provide multiple Commercial Insurance Premium Financing options to their clients. Together with our groundbreaking technology and world-class customer service we continue to set ourselves apart from the competition. Commercial Insurance Premium Financing with Chelsea offers outstanding benefits:
- Immediate commission collection
- Reduced billing and collection expenses
- Superior account receivable ratios
- Increased annual income, where permitted by law
From small mom and pop agencies to the largest enterprise organizations, Chelsea has the depth of expertise and breadth of resources to meet the funding challenges faced by any insurance professional and their clients.
Commercial Premium Finance
- 4-10 month payment plans
- Special rates for premiums over $50K
- 20% down payment on renewals
- even with filings and 25% minimum earned premiums
- 0-4% producer fees
- where permitted by law
Personal Premium Finance
- Web-based personal lines and endorsements
- 10% down payments
- 8% with EFT billing plans
- 11 month payment plans
- 2% producer fees
- minimum of $40
- Online submission
- Multiple, real-time reporting capabilities
- Choice of billing methods
- Electronic signatures
- Electronic notifications
- Multiple recipients
Who We Are
Chelsea may be relatively new to the insurance premium finance arena but its players are seasoned veterans. In just four years, we have pioneered our way to the top by providing outstanding customer service and adapting to the ever-changing insurance market. By investing in the best people and latest technologies we have been able to expand our portfolio to encompass some of the largest insurance agents in the nation.
However, we have remained humble and have stayed true to our original promise, which is to help even the smallest agencies maximize their earning potential. Before an agency grows into a behemoth it usually begins with a small market share. By doing the right thing for its clients and reinvesting into the business, agencies grow and expand. Like most small businesses, Chelsea started that way. And, by following that same approach of doing the right thing we continue to grow.
Unlike others in the industry, we were not born as a spin-off by a large financial institution. That means we were not an afterthought of a corporate board meeting but our entire business model focuses solely on insurance premium financing. We have no other lines of business, so our clients receive 100% of our attention. Although we are independent and relatively young we have some of the deepest resources in the industry, which allows us to stay ahead of the curve.
Today, Chelsea continues to evolve and develop in response to the demands of our agents. We take the time to listen and understand their needs and respond swiftly by innovating new lending options, incentive programs, and contract terms. We invite you to become our partner and an integral piece of history.
What We Do
As with anything in life, working with someone who specializes in a particular field usually yields more successful results than struggling through the process yourself. Those who specialize in certain fields know the ins and outs of their industry and know how to get things done, the right way, on the first shot. Plus, they can anticipate the potential obstacles that may arise and know how to avoid them.
Anyone can technically prepare their own tax returns but most sensible people still hire a professional accountant or tax preparer. Why risk making a mistake on such an important transaction or not taking advantage of an available tax credit? For this reason, people hire professionals.
Another example is changing your own oil in your car. It’s technically a simple task but without the proper setup, equipment, and disposal method, this can be a cumbersome process. Unless you are a car enthusiast you most likely take your car to a professional. And, not because you can’t do it yourself but simply because its not worth the time to do it yourself.
By placing your trust in a professional premium finance company to arrange and administer the finance agreement, you will free up your time to focus on what you do best. Working with a professional premium finance company is vital to the success of your business, as well as that of your clients. By working with Chelsea you will have the piece of mind of knowing that you have partnered with one of the nation’s leading insurance premium finance experts.