If you choose to pay your policy monthly, you can receive a discount for setting up automatic billing from your bank account or credit card. Complete a state-approved safety course and get a discount. You may be 55 years or older to be eligible. A test of the installed device may be required.
When those things get worse, American Family Insurance has online tools, such as AutoPay, to put your mind at ease, and pay your insurance bill on time, every time. Car insurance companies offer discounts on auto payment insurance because they reduce the number of people who don't pay each month. Not only will you get a discount on your car insurance premium, but you won't have to worry about an interruption in coverage, which could be disastrous. When you set up automatic payment of your car insurance premium, your insurance company knows that your bill will be paid and paid on time.
If you've been driving safely for at least 5 years, you could be eligible for a more affordable car insurance rate. The terms, definitions and explanations of insurance are for informational purposes only and do not replace or modify in any way the definitions and information contained in the individual pages of contracts, policies or insurance statements, which are decisive. A discount on car insurance with car payment is a decrease in the rate of your car insurance depending on the insurance company being able to eliminate some recurring administrative fees. Ultimately, it's worth it for auto insurance companies to offer a modest discount (usually around 5%) on the premium once you set up automatic payments.
In addition, this reduces the chances that your car insurance will expire accidentally, which is bad for both drivers and insurance companies. We offer a variety of auto insurance discounts that can help you lower your monthly premiums. Learn more about each type of discount and start saving today. Most auto insurance companies require you to open a checking or savings account for automatic payment.