New Orleans Free Insurance Quotes — Making Your Premium Payments Once Every Year Will Save You Much
January 17th, 2010
Making your premium payments once every year will save you much and help you find cheaper New Orleans free insurance quotes when compared to monthly payments. Your insurer sends 12 notices for monthly payments as against one for annual payments. This increases their overhead.
Furthermore, each check you send attracts its own transaction charge too. They pay transaction charges 12 times instead of once yearly for monthly payments. These and other costs so incurred by your insurance company are eventually borne by you, the insured..
Therefore opt for yearly payments instead if you want to save this way. What you will save could be as much as 8.5% of your total monthly payments over the course of just one year.
Entry Filed under: Business