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Pay your car insurance premiums monthly...

...and keep a healthy bank balance at the same time.


The idea of pay as you go car insurance, or pay monthly car insurance premiums has been around for many years, and this facility has been a boon to many, many thousands of motorists either unwilling or unable to pay a large lump sum upfront, some of which it must be said, would use their cars anyway if they were not allowed to pay a monthly set fee.

OK, the insurers charge slightly more for this facility, but it allows motorists the time and space to save their money for other essentials like MOT's, repairs etc whilst at the same time allowing them to drive legally. It's a great idea!

I mean, if you are a young man just passed your test and you've bought your first car, it can cost several thou to insure it, depending what it is of course, but in any case it will be quite expensive. Have you got that sort of money spare? Nope, and lots of people haven't either so that's where the pay monthly car insurance scheme comes in mighty handy.

There is only one problem with making monthly payments and that is that they have to be made ON OR BEFORE THE DATE THEY ARE DUE, otherwise the insurers can rightly say that, in the event of a mishap or an accident you are not covered. So it follows that if you are not covered you are left paying the bill for both parties in the case of an accident, and this could be a complete horror story, especially if there are personal dames to pay as well.

Don't risk it. Make sure you sign all the payment forms and have sufficient funds to pay your monthly car insurance premiums.

 


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