Paying Now Can Save You Later On Car Insurance

Paying Now Can Save You Later On Car Insurance

Insurance Companies May Be Willing To Negotiate For A Lump Sum Payment Although some insurance companies do charge a premium for paying costs up front, many are willing to negotiate a deal if you can comfortably afford a lump sum payment.

 

Car insurance is something no one enjoys paying for. The payments add up, and by the end of the year things can get pricey.¬†However, if you pay the year’s costs all in one go, you may end up saving yourself some money.

 

 

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Although some insurance companies do charge a premium for paying costs up front, many are willing to negotiate a deal if you can comfortably afford a lump sum payment.

 

In a recent article posted by 20 Something Finance, the subject of saving on car insurance was covered, and (among other things) one of the recommended ways to save on insurance costs was to negotiate a lump sum yearly payment with car insurance providers.¬†According to the article, if you find a better deal during the year, you still have the option of switching providers, and are entitled to a refund on the remainder of the year’s payment.

 

Check out the original article to get more tips on saving money on your car insurance.

 

Source: Lifehacker.com

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