Do you pay for car insurance monthly or yearly?
Find answers to your legal question.
Do you pay for car insurance monthly or yearly?
|
I have always paid mine yearly and thought everyone else did. But reading a lot of posts on here and it seems more people pay monthly. Just wondering about it.
|
 
|
Brian A
 |
Mine is billed semi-annually, but I can make monthly payments.
My company does not charge extra for monthly payments if I use automatic withdrawals, so I don't see a reason not to spread out the pain. |
|
nemofish
|
we pay monthly... |
|
Miss Meli
|
In my state, policies through my company are done in 6-month periods. I do monthly payments just so I can switch easier if someone else offers me a better price. Less money to have rotating around different places. |
|
Elle_Brooke
|
Monthly. |
|
jon_wayne89
|
i pay monthly |
|
gremlingts
 |
I pay semi-annually. Some people pay every month because either they're high risk / SR-22, or have to spread out the payments to afford them. If you pay semi- or annually, you'll save money. - The Gremlin Guy - |
|
sly
|
Monthly. Easier on my budget. |
|
oklatom
|
If you pay monthly you pay a service charge for that privilege. Although there are some companies now that waive that if you do automatic pay out of your checking account. I'm into savings, so I do it yearly. |
|
dodge man
|
i pay yearly ,but i have also been with the same company for 25 years too,that makes a big difference,most of the people who pay monthly,are paying for a new car,or are on a high risk program,that's the difference,when you have a new car you have to pay monthly usually,and its really high,good luck hope this helps. |
|
namrepus
|
Yes i pay, but it still depend on you on which you are comfortable with. Try to search on the net, what are the advantages of paying car insurance monthly. Try to seek guidance from some companies.Visit a site like this http://www.nightbirdssolutions.com for your reference. |
|
Tomsriv
 |
I paid mine monthly when I was in high school. After that I paid twice a year. Since I bought a home this year and put all my savings down I have to pay 4 times a year for insurance to spread out the pain. |
|
kjh4129
|
Most companies give you an option. It might depend on your age and credit or how many tickets you have (risk level) but usually you will pay a fee for the monthly schedule since it's a service. They prefer to have your money up front. I pay monthly but Farmers requires a substantial downpayment when you open a new policy. |
|
theoraclefl
|
I pay monthly by automatic withdrawal. In some states, if you do not sign up for automatic withdrawal, the law requires the insurance to be paid a month ahead, which is usually not very easy to do for some families. If you do pay for an entire term (6 mos or 1 yr) there are cost saving benefits because Carriers will charge a pay plan fee. |
|
loving30
|
i pay mine monthly for convenience, but they do charge extra for it.
i'll be paying it in full next time it comes up so i don't get charged the extra 10%! |
|
CarMan
 |
It's usually cheaper if you pay annually or semi-annually. That's why many people do it that way -- plus the reduced hassle of paying the bill every month. |
|
bloodstarkiss
|
Most people pay it monthly or every 6 months. you save money when you pay it every 6 months. I've never heard of anyone paying it yearly. Im sure you'd save even more money that way. |
|
|
|
|
|
 Can i drive my mates uninsured car..........? |
| I have a car which has messed up on me, my mate said I can use his car but its not insured. I am insured on my car (only third party fire and theft) so will I be covered to drive his car?... |
|
 I hit a car from behind.... who then hit the car in front of it from behind? |
| I know the car I hit was my fault, but should I have to pay to fix BOTH vehicles. the car i hit should have gotten a ticket for hitting THAT car from behind right? It was obviously tooo close as well.... |
|
 I got my driver license today, can i drive without car insurance? |
I mean my mom's car is covered by insurance but my name is not on the insurance, can i still drive the car? or should i wait until my name is put into the insurance?
... |
|
 Taking a pictue at the dmvfor my driving licence? |
| can i bring y own photo if so how big does it have to be???... |
|
 Can I drive home the newly purchased used car with NO tax? |
Hi,
I bought a car that has MOT but no tax and it's declared SORN.
I took insurance a while ago and asked the agent to email it to my email ID so that I can take a printout of it.
... |
|
| If a vehicle is my husband's, but in my name, am I liable if he wrecks? |
| We bought the pick up after we married, but due to his bad credit, the bank would not put it in his name, only mine. We are seperated, but not divorced, and he is drinking a lot. If he wrecks and ... |
|
 No Driving license? |
who do i contact in the uk to report someone without a driving license or insurance?
Additional Details
For those who have asked its to do the right thing and report a waster alcoholic ... |
|
 What happens if you don't get car insurance? |
| I wrote a similar question and got jack-*** answers, if you feel the need to do that, don't answer at all.... |
|
 Does having an out of date MOT invalidate insurance when making a claim? |
| I had an accident in my car in January and wrote it off, I am in the middle of claiming through my insurance company and have got to the stage where i have to send off all my documents. Ive just ... |
|
 What are the risk of putting a car in my name for some one else? |
| The car will be payed off, but i was wondering how it will affect my credit, insurance on my own car, ect. And if he gets a ticket will i be affected? What if drugs or something is found in the car?... |
|
 Car stolen off drive while back turned. Engine running. What should I say to the insurance co? |
| I know that I'm struggling because I left the car unattended with the engine running (and I told the police as much) which will probably invalidate the insurance but I want to give myself as ... |
|
 Why should I pay my car insurance this month? |
| My car is not on the road at the moment. I would have to pay a whopping amount to end the contract, which I don't have. I am skint and unemployed, so why should I continue to pay if I am not ... |
|
 Does a uk provisional driving license work as proof of id? |
| Now ive always been told i look old for my age, im 16, and have got into 18s at the cinema before. so it was to my shock that an idiot in sainsburys wouldnt sell me a scratch card without id today. I ... |
|
 Will i get a driving ban? |
| i got pulled may this year for speeding, the police sed i was doing 60 mph in a 30mph zone however i dont believe i was goin that fast. i have now recieved a letter saying i have to go to court i ... |
|
 My car got totalled in an accident, insurance company wants to buy it. How much will they pay me? |
| I have a 1993 Nissan NX which was in a decent condition and never gave me any problems. Recently it got rear-ended. The other party's insurance took the responsibility and asked me to get an ... |
|
|
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
