We appreciate your business, and we want it to be easy for you to work with us — right down to paying your bill. That's why we've developed a menu of flexible premium payment options:
Choose your timing
Annual payment — Premium is based on your organization's estimated payroll for the coming policy year. You will be billed for the total estimated annual premium 35 days in advance of your policy renewal date. This option offers simplicity — one less bill to pay and one less budget item to manage throughout the year.
Installment plan — Qualifying policyholders may choose to be billed for the annual premium in installments. This option allows you to better manage your cash flow. On the installment plan, you can also change your billing cycle to the day of the month that works best for you.
Monthly and quarterly payments — If your business experiences large, seasonal changes in payroll, you may qualify to pay premiums based on your actual payroll for the previous month or quarter. This option helps preserve your cash flow while ensuring the right amount of coverage throughout the year.
Choose your method
Electronic funds transfer (EFT) — Pay your premium by automatically transferring funds from your checking or savings account. EFT can be initiated online or by calling our customer service team, (303) 361-4000 or (800) 873-7242.
Credit card payment — Pay online with a corporate or personal credit card. You also have the option to set up recurring payments through the Policyholder Portal. If you need help, feel free to call a customer service representative and someone will be happy to assist you.
U.S. mail — If paying by mail, please keep in mind the following guidelines:
- Mail payments directly to Pinnacol Assurance, P.O. Box 561434, Denver, CO 80256-1434
- Write your policy number on the check, and don't forget to include a payment coupon
- Allow sufficient time for posting and delivery. On average, payments are posted the day after receipt.
What happens if I make a late payment?
If payment is not received by the due date, a notice of cancellation will be issued and sent vie Certified Mail. Please ensure that overdue balances are resolved by the cancellation due date so that your policy remains in effect.
