Tag: premium payment options

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Can you pay your auto insurance with cash?

Things to remember… Only three major insurance providers accept cash payments Traditional, easier-to-track methods of payment are the ones most commonly accepted Cash can be used to acquire other payment options necessary to cover an insurance bill R …

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Is car insurance usually paid a month in advance or arrears?

Things to remember… Most car insurance companies have their policies written for six months Car insurance companies also offer monthly payment plans Car insurance premiums are paid up front You may be required to pay an extra deposit to start your po …

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Do you get your deposit back from car insurance?

Things to remember… Some auto insurance companies charge their applicants an initial deposit when they submit their application When you pay the down payment, your coverage will be activated right away while the application is underwritten The deposi …

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What does a 6-month policy mean?

Things to remember… The length of the policy will dictate how long you have coverage for All car insurance companies can offer coverage periods of varying length The length of your car insurance policy can also impact your premium payment installment …

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What is an auto insurance policy?

Here’s what you need to know… An auto insurance policy is an indemnity contract that’s meant to protect you against losses that could potentially happen when you own a car When you buy auto insurance, the price that you pay is determined by you …

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