Homeowners Payments

Paysurance^® is a comprehensive payment solution suite designed to address homeowners claim payments. The platform allows you to put money in the hands of your insureds up to 3X faster and reduce your expense by as much as 80%. All types of homeowners payments are offered within our secure and easy to integrate platform including structural, contents and ALE.

Your choice of payment vehicles includes EFT for single and multiple payees, card, B2B and virtual payments, as wells as payments for mortgages or liens.

Multi-Party Activation

Our patented electronic settlement system enables insurance carriers to offer policyholders the flexibility of claims settlement funds on two or more payment instruments that can be used simultaneously. All payees must approve payment before funds are available, replicating the safety features of multi-party checks – simplifying the claims settlement process overall.

The patents cover all electronic payments that replace multi-party checks – EFT, debit cards, payments with mortgages, and mobile payments.

Benefits

• Increases policyholder satisfaction by putting money in their hands up to 3X faster
• Reduces your expense by as much as 80%
• Patented multi-party authorization expands reach of electronic payments
• Improves metrics and ROI with lower LAE and optimized payment methods – EFT, card, B2B and mortgage or lien
• Lowers the number of monitored claims requiring mortgage approval, leading to faster payments
• Increases policyholder retention by offering exclusive discounts, cash back and extended warranties
• Provides the policyholder with a choice of payment methods