We’re reaching out with a reminder about State Fund’s billing plan changes.
Effective April 16, 2026, State Fund is offering multiple billing plans and payment schedules for most new business policies effective July 15 or later. These changes will be available for renewal business on May 15. Most plans will also require a down payment of either 10 or 25 percent. A default plan will be assigned upon renewal, but you and your clients can select any available alternative offered. Both the bill plan options and down payment amounts will be based on the risk profile and Estimated Annual Premium (EAP).
In early April, State Fund communicated these changes directly to their policyholders. They will send another reminder to policyholders prior to sending their renewal quote.
As previously communicated, they’ve also made some other recent changes:
- Billing cycle updates: They are now sending invoices 10 calendar days earlier. Payments are due 20 calendar days after the invoice is issued.
- Renewal policy timing: Renewal quotes will be available as early as 60 days prior to the effective date, depending on the type of business, providing time to review and confirm coverage prior to the renewal date. They will now issue renewal policies approximately nine days before the effective date. This change will align with their new billing cycle.
We understand that changing billing plans or cycles affects your clients. If you have any questions, please reach out to Amwins’ Access State Fund, your official State Fund access partner at asfnewbusiness@amwins.com.
Thank you,
Your Amwins’ Access State Fund Team
