D.C. Mun. Regs. tit. 26, r. 26-A1313
Premiums are payable by licensed insurance producers on a net basis to the Facility by means and in a form acceptable to the Facility. The Facility must have on file a copy of the producer's current license issued by the Department of Insurance, Securities and Banking of the District of Columbia. Premium financing arrangements will be honored by the Facility.
All others seeking insurance are required to pay gross premium by means and in a form acceptable to the Facility.
Payment may be made in person or by mail, but cash shall not be sent through the mail.
Payment shall be received by the Facility before coverage can become effective.
Dishonored first payments will void the policy. Other dishonored payments will cause the policy to be cancelled on a pro-rata equity basis.
Customers may elect an installment payment plan developed by the Facility and approved by the Commissioner. Commissions shall be paid only on payments received, excluding installment payment fees.
D.C. Mun. Regs. tit. 26, r. 26-A1313