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Tulsa Free Insurance Quotes: More Expensive Premiums Than You Would Pay If You Decide To Pay Annually
January 13th, 2010 by admin
You’ll get lower Tulsa free insurance quotes if you choose to pay your rates yearly and not monthly. Your insurer is compelled to send you 12 notices for monthly payments as opposed to one for annual payments. This costs them more.
If you add to the fact that each check you make out is considered a transaction by their bankers, you will see that they still pay extra on transaction fees for each check you pay in. They pay transaction fees 12 times instead of once a year for monthly payments. And as with everything else, it is you the end user or insured who bears that cost.
Therefore choose yearly payments instead if you want to make savings this way. The real amount you could save might differ but expect to save up to a month’s premium worth with some insurance companies if you settle for this option.