Bamboo: Fees

What fees does bamboo insurance charge?

A fully earned policy fee of $70 will apply to New Business and Renewal Business. A $10 service fee is added to all installments, but not the initial down payment.

An insufficient funds fee of $25 will be assessed whenever a manual check, electronic check/funds transfer, or credit card transaction is unable to be processed due to the lack of sufficient funds or credit limit.

If non-payment of premium notice is issued, but a premium payment is received before cancellation, a $10 late fee will apply. If a policy is canceled and then reinstated, a $10 reinstatement fee will apply. All policies canceled at the request of the insured and not re-written with The Company will be charged a $25 processing fee.