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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Disclaimer: This article is for informational purposely only. There is no legal advice being suggested or proffered and the author assumes no responsibility or liability for the actions taken or not taken by the readers based upon such information.
created by Ryan Hanley