MoreThan Car insurance help. Need to know why my online quote does not show pay monthly price?
Sunday, October 25th, 2009 at
12:20 pm
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Mr Answer asked:
When I fill out my details i select to pay monthly but when i get to the end of the quote it says ‘our pay monthly option is not available’ and gives the annual price to be paid at the one time. Any ideas why?
Willie
When I fill out my details i select to pay monthly but when i get to the end of the quote it says ‘our pay monthly option is not available’ and gives the annual price to be paid at the one time. Any ideas why?
Willie
Tagged with: Car Help • Help Online • Insurance
Filed under: 1232
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Oscar
Motar insurance dnt have monthly option becoz it can not have proportianate validity on the same.
Hence you need to pay annualy one time only for having cliams at right time in case you want cliams at right time.
Thanking You
Rocky
Heather
Because they aren’t willing to sell you that policy by the month.
Policies are RARELY sold by the month. Any kind of monthly payment plan is actually a FINANCING of your premium by the insurance company.
But buying stuff “by the monthly payment” is a really, really dangerous habit to get into – it’s a great way to enslave yourself to your prior purchases, and get into tons of debt.
Miguel
Some companies allow you to pay month to month and some don’t.
And, some companies will finance the premium which means you pay them interest and a finance charge for paying monthly. Financing your premium is a bad idea. It is just like having a credit card.
Call the company and see if they allow you to pay monthly without finance fees or interest. If they don’t then do not pay that way.
And, find an agent or a company that you can speak to an a real person. There is no extra charge for it. And, having an agent you can speak to is a very valueable relationship to have.
Martha
Insurance companies usually require the entire premium to be paid up front (either 6 months or 12). Some insurance companies offer a monthly “option,” but tag on “policy fees” or “installment fees.”
Do you have a poor credit rating? Your credit may not qualify you for the installment plan, since, as a previous poster said, the monthly payments are really a loan.
Jack
For auto insurance the quick method to get a low quote is do a policy comparison. Be sure to choose the same coverage levels, you can get an accurate quote to compare against others. Use the same city/state, auto make/model, mileage and driving history to ensure you get an apples to apples comparison. To get mulitple auto insurance quotes, go to and you can compare the major auto insurance companies.