Q: It seems like there are only two different car insurance billing plans….pay it all or pay it monthly, are there any other options?
A: With some insurance companies it does feel like those are the only two billing plans available, but there are more. The thing is that most drivers are just so used to paying monthly for their premium or paying it all at once, so they don’t pay attention to any other payment plans that may be offered.
Depending on your company you may also be able to pay:
-Every 6 months
-Every 3 months
-Every 2 months
-Twice during your policy term (not necessarily at even intervals)
-Four times during your policy term (not necessarily at even intervals)
Your agent or your insurance company will be able to go over the different payment plans they have available.