What do you pay?

Question

insurance=

if taking out new insurance does it have to be for a year?

and can you cancel it if you change your mind> and want to go witrh someone else?

what would u be expected to pay upfront, just the first monthly payment?

Answer 1

what type of insurance are you after?

Answer 2

Depends on what you are insuring.

Usually works out cheaper to have it continuous for a year, and you can earn no claims bonus on annual insurance. Various installment plans offered by different copanies, but watch the AER or APR interest rate. May be cheaper to use a credit card to pay if you have one. Best advice - shop around, get plenty of quotes.

Answer 3

depends wot kinda insurance. eg life insurance u can cancle it bt lose ur money u already put in

Answer 4

What type of insurance are you referring to?

Car?

Homeowners?

Life?

EDIT: Car Insurance policies are typically for a year, but you can switch almost anytime. You can also choose how to pay for it. All up front, monthly, twice a year, etc. Upfront, you're usually required to pay the first monthly payment, but some companies charge a processing fee on top of that.

Shop around. Rates are based on your age, driving record, where you live/garage the vehicle, how you use it, what types of safety devices are in/on the car, what type of coverage (bodily injury, indemnity, collision, etc).

Answer 5

I pay 334.00 every 6 months on a 02 gmc 2wd. on my 08 honda xr600L I pay 242.00 per year,if i paid every 6 mo. on the bike it would be 163.00 every 6 mo.! however on the gmc the amount is the same whether i pay every 6 mo or yearly(go figure?)as far as your premiums different companys vary! i use shelter ins......PEACE!