Flux gives insurance brokers recurring billing, ACH for larger payments, and hosted fields with SAQ-D Level 2 PCI coverage that keep sensitive data off your systems.
Why insurance brokers choose Flux
Recurring premiums and fees
Bill premiums and recurring fees automatically.
ACH for larger payments
Route larger payments over ACH for the friendlier economics.
Records that reconcile
A QuickBooks sync keeps the books clean without retyping.
How insurance brokers get paid
Insurance Brokers run premiums and fees on recurring billing, accept ACH for larger amounts, and keep clean records through Flux with a QuickBooks sync.
A typical Flux setup for insurance brokers
Most brokers run agency-bill premiums over ACH, since a commercial policy premium can run into five figures and the 1-3 day settlement fits normal remittance timelines to carriers. Cards handle personal lines and down payments at binding, where the policyholder wants coverage bound the same day. Installment plans go on recurring billing, debited monthly on the schedule written into the payment agreement, so renewals and endorsement true-ups do not depend on anyone mailing a check.
The card rate is a flat 2.9% plus 30 cents, and on a large annual premium that is a real number, which is why the consumer pass-through option matters in this industry where state surcharging rules allow it, and why larger premiums usually belong on ACH. Everything reconciles into QuickBooks by policy and payer, higher-volume agencies can move to custom interchange-plus pricing, and there are no monthly fees on qualifying card volume, minimums, or contracts to carry through a slow month.
What insurance brokers should watch
Premium dollars are usually fiduciary funds, so settlement needs to land where your state's premium trust rules say it should, and your books need to show which deposit belongs to which policy. Flux settles card payments in 1-2 business days and ACH in 1-3, with QuickBooks sync carrying the policy-level detail, but keeping trust and operating money separated is on the agency, and it is worth setting up the accounts correctly before the first premium moves.
The recurring failure mode is a returned installment debit that quietly becomes a lapse in coverage. Watch ACH returns daily during renewal season and retry or call before the carrier's cancellation notice goes out. Refunds are also different here: a mid-term cancellation produces return premium that has to flow back to the payer, not sit in the operating account, and a clean refund trail is the best defense when a former policyholder disputes the original charge.
Simple, transparent pricing
Flux charges a flat 2.9% plus 30 cents per transaction, with volume discounts for higher-volume insurance brokers and the option to pass the fee to the customer at checkout where local surcharging rules allow. No setup fees and no contracts. Accounts processing under $100,000 a year in card volume may be subject to a $20 monthly account fee.
Frequently asked questions
How do insurance brokers accept payments with Flux?
Insurance Brokers accept credit and debit cards, ACH bank transfers, and stablecoins through one Flux integration, with drop-in hosted fields that keep card data off your own systems.
What does Flux charge insurance brokers?
A flat 2.9% plus 30 cents per transaction, with volume discounts for higher-volume merchants and no setup fees or contracts. Accounts processing under $100,000 a year in card volume may be subject to a $20 monthly account fee. You can also pass the processing fee to the customer at checkout where local surcharging rules allow.
How fast do insurance brokers get their money?
Card payments settle in one to two business days and ACH in one to three business days. Stablecoin payments go to your wallet instantly.
Can I pass the card fee to policyholders on premium payments?
Flux supports a consumer pass-through option where local surcharging rules allow it. Premiums are a special case, though, because state insurance rules can restrict fees on premium payments separately from card rules, so confirm both with your state before turning it on. A common alternative is steering large premiums to ACH instead.
Can premium payments settle into our trust account?
Settlement goes to the bank account you connect, so an agency that must hold premiums in a fiduciary or trust account can point settlement there and keep operating income separate. QuickBooks sync carries the payment detail so each deposit ties back to a policy and payer.
How do installment plans work for agency-bill policies?
You set up a recurring debit on the schedule in the payment agreement, on card or ACH, and each installment runs automatically. If a debit comes back unpaid you see the return and can retry or contact the policyholder before the missed payment puts the policy into cancellation.
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