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Almost all U.S. states, except New Hampshire and Virginia, require drivers to carry auto insurance, meaning most Americans will need to apply for coverage eventually. Generally, when applying for coverage, insurers will require a deposit or down payment alongside an approved application. The initial deposit required with the application applies toward future coverage payments. Keep…
→ Read MorePaying cash for an insurance policy can be an easy way to make payments, particularly for those without access to more common payment methods such as credit cards or bank transfers. But, can you pay cash for a car insurance policy? Unfortunately, many auto insurance companies do not accept cash payments, citing security and fraud…
→ Read MoreWhile auto insurance is usually billed a month in advance, most providers write policies in six-month increments. The prepayment serves as a safeguard in the event a policyholder needs to file a claim. Read More: How to Manage Your Auto Insurance Policy When you settle your monthly rates, your insurance policy is up-to-date until your next…
→ Read MoreUSAA, Geico, and State Farm have cheap 6-month auto insurance rates for most drivers. Because USAA is for military and veterans, however, most drivers must shop at Geico and State Farm. Not sure where to start? We recommend shopping around at the cheapest auto insurance companies listed below. Read through our brief guide on six-month…
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