Today there are many ways for us to purchase monthly auto insurance. With most monthly auto insurance plans, you will have to pay the premiums once per month on a set due date.
Many people find it much more convenient to pay their insurance in smaller monthly payments than having to pay everything at once. There is often a small monthly service charge to pay for this convenience.
Since there are many different insurance companies, there are many different payment plans. Some companies will send a bill once per month and allow you to send a check before the due date. Other companies may offer the option of debiting your checking account for the premium. Still others may require the later option.
You will fins many websites that allow you to check the many rates offered by competing companies. This allows you to choose the best plan for you. Be sure to see if you qualify for any discounts. Some companies give a discount if you have more than one vehicle, buy renter's or homeowner's insurance from the same company, have a student in school with good grades or are a senior.
If you do not compare prices on insurance, you may be paying too much for your monthly auto insurance. Often you can find better rates than you are now paying with the click of the mouse or a phone call. This will save you money each month. Many companies today want to be very competitive in their prices.
When comparing plans be sure that you also compare the benefits offered. Some companies offer coverage on rental vehicles that will save you as much as 25 dollars every day you rent a car. If you rent a vehicle even once per year this may be an overall substantial savings and worth 5-10 dollars per month more for the policy.
Source: http://EzineArticles.com/?expert=Felix_Fassbinder
How to Find Affordable Car Insurance
