ELECTRONIC FUNDS TRANSFER (EFT)
Authorize your bank or financial institution to automatically deduct your installment premium from either your checking or savings account on a regular, pre-determined basis. You can sign-up for monthly billing through your MYPreferred Account, or complete the Authorization for Electronic Funds Transfer form.
Save time and money when you combine two or more personal or commercial policies with the same billing address. That’s one bill no matter how many policies are on your account. Complete this form to sign up now.
Pay your bill directly from your checking or savings account through Quick Pay or MYPreferred. You can pay your installment or pay in full. With e-check, there are no check-writing expenses, no set-up fees, and no mailing costs.
CREDIT AND DEBIT CARDS
Make payments with your credit or debit cards with a Visa, Discover, or MasterCard logo through Quick Pay or MYPreferred. You can pay your installment or pay in full.
Include your policy number on the check and mail payment to:
Preferred Mutual Insurance Company
P.O. Box 419669
Boston, MA 02241-9669
PAY BY PHONE
To pay via phone (available 24/7), call 1.888.511.2455 and follow the voice prompts.