Most insurance carriers have multiple payment options including but not limited to:
- EFT (Electronic funds transfer)
- Paid in Full
Some companies will even give a discount if you Pay-in-Full. If you don’t pay-in-full, every insurance company will charge you a per payment fee. The amount of the fee depends on the company.
Watch this video “Does How I Pay for my Insurance Affect My Premiums?” for more details:
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This is video #89 of a one hundred insurance video series that The Murray Group is producing to provide insurance consumers with quick, valuable answers to their everyday insurance questions.
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created by Ryan Hanley