Car Insurance Question (sorry I know nothing about cars...)?

andy w

Car insurance can be paid in one annual lump or monthly. Not all companies though will do the monthly option.

Insurance cost itself depends on a number of factors
how old you are
how long you have been driving
type of car
where you live
what job you do
use of the car
etc etc

I very much doubt that your 350 quote is for a year if you are a new driver as that seems very low.

Sparky

You would have to ask them as to make sure of the amount.
Learner insurance can be expensive and this sounds a little cheap for an annual price. You will get the option of monthly with a small charge extra to pay on top for paying monthly but do shop around for the best price.

â™¥weelynneâ™¥

You can either pay it as a one off payment or pay it montly, they give you a choice when you phone up.

The 350 will be your yearly amount.

vavavoom

its costs a bit more to pay in monthly installments as well, so if you can, pay it at once.

nosdda

Most companies will take monthly payments or pay in full .

rfn41

YOU CAN PAY EVERY MONTH, OR EVERY 6 MONTHS OR ONCE A YEAR .......sorry for the caps

scuppo

You will be given the option whether to pay monthly or as a lump sum, its entirely up to you how you pay it.

lyn

if your a new driver there is no way that is a yearly quote, ive been driving for 5 years and ive only just got my insurance down to that, it depends on whether your quote was for you as a learner or not if thats the case then you're looking at that monthly. shop around you'll find cheaper

entidtil

I have no idea what term your quote would be for but (in the USA and I'm going to assume in the UK too) It is best to pay semiannually or annually. If you pay monthly, you are actually obtaining a 1 year loan from the insurance company which means if you take out insurance today and tomorrow you total your car, you still have to pay the monthly.premium for the entire year.

Superleague32

Hi, You can pay annually, quarterley or monthly with most insurance companies. Once you have got the best quote after hunting around different insurers ask them about the payment plans they offer.

philslim

Yoy need to check your quote, and it will tell you weather its monthly or yearly, almost all insurance companys will let you pay monthly, but they do charge % rate for doing so.

berty

hi your car insurance can be monthly or one of payment for 1year, but if you are 17 to 20 years of age and a ;learner drive 350 is to cheap for one year,i have heard of 3 monthly payment, so been very carefull ask what it cost and what does it cover.

Boo

You can pay by monthly direct debits if you have a bank account.
Although you will have to pay a small deposit in advance.

david753892

you can pay monthly or the lot in one go if you pay monthly thay always add a little bit on

book girl

you can choose to pay monthly or yearly, 350 will be yearly but with all new drivers your monthly premium will be higher because you have less experience and therefore are a higher risk for accidents etc. also check out what cover you are provided with is it fully comprehensive where you are covered for almost all eventualities or is it 3rd party where you are covered for less, fully comp is more expensive but you need to know if you are covered for damage to your car or if you hit another car are you covered, phone and talk to an insurance agent they will explain what you need but don't go for the first quote shop around.

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