Premium payments account for 56% of SHIP claim payments.

Options for Lowering Your Premium

SHIP, under the supervision of an Oversight Trust, exists solely for the benefit of policyholders. As both SHIP and the Trust operate without profit, options can be offered to lower your premium. This is especially important when SHIP, based on its claims experience, must raise rates, subject to regulatory approval, to protect policyholders.

As SHIP is committed to providing alternatives to help you continue to afford coverage, options are available to decrease your policy premiums by reducing benefits including:

Should you be interested in receiving a benefit reduction quote for one or a combination of these benefits please contact Customer Service at (888)340-5824.