More Finance, Jobs & Money Questions

Auto insurance yearly payment

So I would like to purchase a years worth of auto insurance at one time, but when I look for rates on the internet it is always for 6 month intervals. is it possible to purchase a years worth at once? if so does it reflect in your price?

Become an Expert →

Answer #1

It’s better for you to purchase the insurance by monthly payment. If something happens to your car, you won’t lose your money for nothing. Let’s say your payment per year is 500$. You can pay them at once, or pay 45$ a month (they charge you around 5 more $ per month for monthly payment) and you still have the same insurance. Paying everything at once = you economize around 12-15% of the money.

More Like This

Progressive auto insurance help! - 1 Answers
Is it true that when you have progressive, you're not allowed to drive any persons car that you live with? I'm seventeen with...
Auto Insurance - 3 Answers
Does anyone know any good, cheap auto insurance companies in Ontario? It has to be personal insurance and good quotes for tee...
How long can a person collect unemployment insurance benefits - 1 Answers
How long can a person collect unemployment insurance benefits payments?
Is there a grace period for Allstate Car Insurance Payments? - 7 Answers
My payment was due on the 4th but I can't pay it until tomorrow.
can a 13 year old work - 3 Answers
where can a 13 year old work at
Under 14 years of age allowed to teach private swimming lessons? - 1 Answers
Is a person under 14 years of age allowed to teach private swimming lessons?
One off payment means? - 1 Answers
does that mean, its justone payment? someone selling something that im intrestead in but next to it it says, 'one off payment...
15 years old jobs - 1 Answers
What kind of job can a 15 year old get in new york?
When you first get health insurance how long does it normally - 1 Answers
When you first get health insurance how long does it normally take to get an appointment?
What are some jobs for a 15-year-old? - 2 Answers
what are some jobs in RacineWI that a 15 year old can work?

© FUNADVICE 2025 · 212bydesign LLC

Answering questions since 2006

[email protected]

Miami, Florida, USA

Built by Biznitos