No

Commercial lines direct bill options for Florida

12-month policies

Payment options New business Renewal business Billing fees
Full payment 100% down payment Full payment upon renewal

NSF — $15

Two payments
  • 50% down payment
  • One installment is due at a six-month interval
Two equal installments due at a six-month interval

Invoice — $3

NSF — $15

Four payments
  • 25% down payment
  • Three equal installments due at quarterly intervals
Four equal installments due at quarterly intervals

Invoice — $3

NSF — $15

10 payments

  • 20% down payment
  • Nine equal installments due at monthly intervals
10 equal installments due at monthly intervals

Invoice — $3

NSF — $15

Monthly EFT only

 

12 installments:
  • One month down payment
  • 11 equal installments due at monthly intervals
12 equal installments due at monthly intervals

Late — $0

NSF — $15

Pay as you go

(Hanover EZ Pay)

Hanover EZ Pay allows businesses to pay their workers’ compensation premium in real-time as they run their payroll.
  • No down payment required
  • Automatic premium withdrawals with frequency determined by payroll cycle

Payroll vendor may charge an additional fee for reporting on insured’s behalf

NSF — $25

Annual installments are available for multi-year policies.

This material is provided for informational purposes only and does not provide any coverage.

Payment methods available in Florida

Payment option Payment method Details
Online Checking, debit card and credit card*

Make an online payment at www.myhanoverpolicy.com**

Phone Checking, debit card and credit card*

800-573-1187

Automatic (EFT) Checking and savings

Enroll in automatic payments by registering at www.myhanoverpolicy.com

EFT Authorization Form

Online banking Checking and savings

Customer’s bank site

Mail Check or money order

The Hanover Insurance Group

PO Box 580045

Charlotte, NC 28258-0045

* American Express, MasterCard, Visa and Discover accepted.

** Register at www.myhanoverpolicy.com for email alerts, My Wallet and more.

 

No

Commercial lines direct bill options for Florida

12-month policies

Payment options New business Renewal business Billing fees
Full payment 100% down payment Full payment upon renewal

NSF — $15

Two payments
  • 50% down payment
  • One installment is due at a six-month interval
Two equal installments due at a six-month interval

Invoice — $3

NSF — $15

Four payments
  • 25% down payment
  • Three equal installments due at quarterly intervals
Four equal installments due at quarterly intervals

Invoice — $3

NSF — $15

10 payments

  • 20% down payment
  • Nine equal installments due at monthly intervals
10 equal installments due at monthly intervals

Invoice — $3

NSF — $15

Monthly EFT only

 

12 installments:
  • One month down payment
  • 11 equal installments due at monthly intervals
12 equal installments due at monthly intervals

Late — $0

NSF — $15

Pay as you go

(Hanover EZ Pay)

Hanover EZ Pay allows businesses to pay their workers’ compensation premium in real-time as they run their payroll.
  • No down payment required
  • Automatic premium withdrawals with frequency determined by payroll cycle

Payroll vendor may charge an additional fee for reporting on insured’s behalf

NSF — $25

Annual installments are available for multi-year policies.

This material is provided for informational purposes only and does not provide any coverage.

Payment methods available in Florida

Payment option Payment method Details
Online Checking, debit card and credit card*

Make an online payment at www.myhanoverpolicy.com**

Phone Checking, debit card and credit card*

800-573-1187

Automatic (EFT) Checking and savings

Enroll in automatic payments by registering at www.myhanoverpolicy.com

EFT Authorization Form

Online banking Checking and savings

Customer’s bank site

Mail Check or money order

The Hanover Insurance Group

PO Box 580045

Charlotte, NC 28258-0045

* American Express, MasterCard, Visa and Discover accepted.

** Register at www.myhanoverpolicy.com for email alerts, My Wallet and more.