With a simple change to your billing plan, customers can often take advantage of significant cost savings on their auto insurance policies. Most insurance companies offer large discounts for paying for your new policy or renewal in full. For some companies, the discount is also available if customers are on a semi-annual payment schedule.
We always want to help customers maximize all of their discounts and changing to a paid in full plan is a great way to potentially save some money without changing any aspect of your insurance coverage. Ultimately, want to help set up your billing on the plan that makes the most sense for you or your family.
A family of four has their auto insurance coverage set up on a monthly billing plan that debits their checking account each month. They are looking for ways to save some money on their auto insurance. By changing to a paid in full plan, they pay for the entire six month balance up front on a credit card that gives them cash-back rewards and they are able to save up to 20% on the cost of their auto insurance.
A newly married couple purchased a home and an additional new vehicle last year. Setting up their billing on a monthly plan was the most convenient way to manage their budget at the time but now they are looking for ways to maximize their discounts. By simply changing to a paid in full billing plan, they saved a a $7 installment fee each month for an annual savings of $84 on fees alone.
Call or text Flury-Hinderks Insurance Agency and we would be happy to help you with your billing plan or make recommendations to save some money on your insurance portfolio.