Answer
Jun 27, 2024 - 02:23 PM
The renewal invoice will always present multiple payment options on how to renew the policy. Most renewal payments are escrowed, meaning the lender will take care of the annual payment from your escrow account. The renewal invoice will provide information if the renewal payment is due by you, the insured or the mortgagee. Verifying the renewal payment status with your lender can ensure a timely arrival. If the policy has no lender requirement, you can follow the instructions on the renewal invoice for payment or contact your agency, FloodSimple for payment over the phone or online / email via our payment portal link.