Can You Pay Auto Insurance Monthly?
- 14231 POINTSview profileTom SheehanAgency Owner, The Thomas G Sheehan Agency, 27 Glen Road Sandy Hook, CT 06482This is something to discuss with your Insurance Professional, but for the most part, Insurance Companies usually offer a wide range of payment options including monthly installments. In many cases, there may also even be choices for various options that may include direct bill, monthly electronic funds transfer (EFT) or automatic bank card.Answered on June 10, 2014flag this answer
- 37376 POINTSview profileDavid G. Pipes, CLU®, RICP®Business Development Officer, T.D. McNeil Insurance Services, Fresno, CaliforniaI am sure that you will be able to find an agent who can write an auto policy that is payable monthly. The monthly premium can be a bit deceptive because states often prescribe the number of days the company has to notify a customer of non-renewal before the cancellation date. As a result the first period of installment may be fewer but higher than subsequent payments.Answered on June 10, 2014flag this answer
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