Log in

Pie Adds Processing Fee for Credit Card Payments

Pie Insurance Company has received approval from the Pennsylvania Insurance Department to implement a new transaction-related rule for its workers’ compensation product. Effective May 1, 2025, policyholders in the state who choose to pay their premium by credit card will incur a flat 3% credit card fee per transaction.

The new fee is outlined in a revised manual page labeled “Pennsylvania State Rule Exception Pages” and is categorized as a pass-through cost. Pie Insurance does not generate additional premium from the fee, which directly reflects the cost charged by its payment processor, Stripe. Policyholders who pay via ACH or debit card will not be subject to this fee.

Filed under SERFF tracking number PIEI-134437658, the filing was submitted on March 4, 2025, and approved by the state the following day. The update includes required actuarial and attestation documentation, with no rate or premium impact on current policyholders.

Get ERRRA in your inbox