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Insurance Quotes San Diego: Higher Premiums Than You Would Pay If You Choose To Pay Yearly
January 14th, 2010 by admin
You’ll get cheaper insurance quotes San Diegoif you choose to pay your premiums annually and not every month. An insurer is compelled to send you 12 notices for monthly payments as opposed to one for yearly payments. This costs them more.
As if that was NOT enough expense, each check they get attracts its own transaction fees as well. twelve checks are 12 transactions which mean 12 separate transaction charges. These and other charges so incurred by your insurance company are eventually paid by you, the insured..
You will make reasonable savings if you choose to pay annually. What you’ll save could be as much as 8.5% of your total monthly premiums over the course of just a year.