How Often Should You Pay Your Auto Insurance Premiums?

Depending on your auto insurance carrier, it is possible to save as much as 25% if you can pay the full six month premium as opposed to making monthly payments. Other advantages to this strategy are that you will not have to worry about making your payments on time, having your coverage lapse, and it also reduces stress by knowing your coverage is in effect. However, if it is not possible to pay the full six month premium at one time, it is still possible to save an average $5 a month if you have your monthly premium automatically withdrawn from your bank account. If you’re interested in these possible savings please contact Marks Insurance to help set up these payment plans!