What is it?

With Direct Bill invoicing, the insured is billed directly by Monitor Liability Managers, LLC and pays all gross premiums due directly to Monitor. At the time of binding, the producer has the option to choose a one-payment, two-payment or four-payment plan. When the insured makes the first payment, the agency or broker receives 100% of the commission due.

Who can use Direct Bill?

Direct Bill is available to any appointed agency or broker that requests it.

How does it work?

When a policy comes from a producer that has requested to be a direct bill account, the invoice for the premium due to Monitor goes directly to the insured via the US postal service. The invoice mailed to the insured is clearly marked for payment. The producer is sent a copy of the invoice by e-mail for their records.

How are my commissions paid?

The agency or broker gets 100% of the commission, even if the policy is being paid in installments. When the insured has paid at least the first installment in full, Monitor mails a commission check and statement to the agency or broker for the commissions due.

Will my current billing process be changed?

Direct Bill is an optional service that can be requested by the producer at the time of binding. Monitor will not change an agency's billing process unless requested.

Are Surplus Lines taxes and fees included in Direct Bill Invoicing?

On Excess and Surplus Lines placements, the producer is still responsible for billing, collecting and filing of Surplus Lines taxes and fees.