-
Paying Monthly vs. Yearly for Insurance Explained! | Car Insurance 101
There's a common perception that paying for your car insurance monthly is the cheaper option. But is this true? Dom from Jerry has the answer.
------
Looking for an easy way to save a ton of money on car insurance? Jerry is the personal insurance shopper that's saving our members over $800 a year on average! Plus it's super easy to use. We do all the paperwork and even cancel your old insurance and get you a refund when you switch! Compare insurance rates in under 45 seconds to find the policy that's right for you: https://getjerry.com/signup
------
Subscribe to Jerry for the best info for car owners: https://www.youtube.com/channel/UC-8F...
Follow us on Instagram to meet a few of the people who saved hundreds of dollars a year with our app: https://www.instagram.com/thejerryapp/
Ch...
published: 09 Oct 2020
-
Car Insurance Monthly or Yearly ★ How to Get the Best Auto Insurance Rate
Car Insurance Monthly or Yearly; How to Get the Best Auto Insurance Rate. ✅Here’s the free service we use to get cheaper car insurance (toll free): 1-855- 981-7528. It’s a free by phone service that specializes in locating the cheapest car insurance rates. They perform the tedious task of shopping around, and present you with the cheapest auto insurance provider for your location. We call this service every year before our auto insurance expires. It allows us to discover whether there is a cheaper vehicle insurance rate than ours, and has saved us lots of money over the years.
Here are some of the topics covered in this video: Should you pay for your car insurance yearly or monthly? The average cost of car insurance per month will depend on a number of different important factors. How muc...
published: 24 Mar 2020
-
2022 GR86 - what did I pay? Monthly payments… insurance
published: 31 Mar 2022
-
Should You Pay Your Insurance Monthly or Annually?
The question comes to me often. Should you pay your insurance premiums annually or more frequently, such as monthly?
With many companies, there is a significant premium difference - 5 to 10% in some cases - between the annual premium and the total of 12 months of monthly premium. Companies do this due to increased service costs of handling monthly checks and due to the fact that they can't use all of your money to invest in their general account. They have to wait for you to pay each month.
However some companies now offer very little cost difference between an annual premium and a monthly premium paid automatically via electronic funds transfer ("EFT"). In this case going monthly would be fine.
Either way, I like the 80/20 time saving idea of setting it on auto pilot - auto monthly, or...
published: 03 Jan 2017
-
How Much Car Insurance Do I Actually Need?
How Much Car Insurance Do I Actually Need?
Feel like you're paying too much for car insurance? https://bit.ly/2RdGlBa
Get a FREE trial of our life-changing Financial Peace University today: https://bit.ly/3dI2MF3
Visit the Dave Ramsey store today for resources to help you take control of your money! https://goo.gl/gEv6Tj
Ramsey Solutions YouTube Channels (Subscribe Now!)
• The Dave Ramsey Show (Highlights): https://www.youtube.com/c/TheDaveRamseyShow?sub_confirmation=1
• The Dave Ramsey Show (Live): https://www.youtube.com/thedaveramseyshowlive?sub_confirmation=1
• The Rachel Cruze Show: https://www.youtube.com/user/RachelCruze?sub_confirmation=1
• The Ken Coleman Show: https://www.youtube.com/c/TheKenColemanShow?sub_confirmation=1
• Christy Wright: https://www.youtube.com/c/ChristyW...
published: 28 Dec 2019
-
5 Cheapest 🚗 Insurance in the US
published: 21 Feb 2022
-
HOW MUCH DO I PAY FOR MY CAR + INSURANCE
My 2018 Honda Accord.
Sorry for the background noise.
published: 14 Oct 2018
-
How much does car insurance cost and how can you lower your rates
#insurance #carinsurance
Get your FREE Quote: https://bit.ly/3mkZvjJ
Life insurance quote: https://bit.ly/bestquotelife
Available in Virginia, Michigan, Indiana, New York, and Ohio
—————————————————————————
Follow Think Insurance for more savings
—————————————————————————
Subscribe to Think Insurance: http://bit.ly/2O3d7DC
Buy me a coffee: http://bit.ly/3u3x64u
Check out my website: http://bit.ly/39sGvuv
—————————————————————————
Popular and Related Videos
—————————————————————————
Top insurance companies in 2021? https://youtu.be/_-RgQa36ASc
Understanding car insurance 101: https://youtu.be/q6ztnQLLZkg
11 Ways to get cheaper car insurance: https://youtu.be/IRi5Z7pp1K4
Best Insurance for young drivers: https://youtu.be/jkbTFxoFzU4
Understanding home insurance 101: https://...
published: 12 Jun 2022
-
Financial Traps: Should You Buy, Lease or Finance a New Car
Purchasing a car is often considered one of the most significant investments individuals make during their lifetime. Buying your first car as a young person can be daunting, especially when you're a student or just starting your career. There are numerous pitfalls and confusing terms that you'll need to steer. The lease/installment model for buying cars has become quite popular, with multiple manufacturers and even second-hand car dealers providing interest-free options.
Hello guys, welcome back to the channel. Understanding the financial implications of buying, leasing, or financing is crucial to avoid falling into common traps that can impact your budget in the long run. In this video, we'll explore the pros and cons of each option to help you make an informed decision and avoid the fin...
published: 14 Feb 2024
-
Should I Purchase A 6- or 12-month Car Insurance Policy?
In this video, we break down the difference between purchasing a 6-month and 12-month policy and what to consider before you buy. Visit https://www.answerfinancial.com/ and experience the smart way to compare, buy and save on car insurance.
*************
We've been asked many times if there are substantial benefits to purchasing a 12-month auto insurance policy upfront versus renewing a policy every six months.
There can be certain advantages to each approach since car insurance rates vary depending on several different factors, including time. So let's get to the breakdown:
Advantages of purchasing a 12-month policy upfront:
➤ Your insurance rates will be locked in for that 12 month period. If rates increase during that time, you will enjoy the benefits of a lower rate.
➤ You will on...
published: 10 Mar 2021
0:53
Paying Monthly vs. Yearly for Insurance Explained! | Car Insurance 101
There's a common perception that paying for your car insurance monthly is the cheaper option. But is this true? Dom from Jerry has the answer.
------
Looking f...
There's a common perception that paying for your car insurance monthly is the cheaper option. But is this true? Dom from Jerry has the answer.
------
Looking for an easy way to save a ton of money on car insurance? Jerry is the personal insurance shopper that's saving our members over $800 a year on average! Plus it's super easy to use. We do all the paperwork and even cancel your old insurance and get you a refund when you switch! Compare insurance rates in under 45 seconds to find the policy that's right for you: https://getjerry.com/signup
------
Subscribe to Jerry for the best info for car owners: https://www.youtube.com/channel/UC-8F...
Follow us on Instagram to meet a few of the people who saved hundreds of dollars a year with our app: https://www.instagram.com/thejerryapp/
Check us out on Facebook to learn more about how to get cheap car insurance: https://www.facebook.com/thejerryapp/
Follow us on Twitter to keep up with our insurance content: https://twitter.com/thejerryapp
-------
At Jerry, we think owning a car should be as easy as taking a drive. Like and subscribe for videos on everything from finding cheap insurance to driving safely. Consider car insurance explained! Try us out here: https://getjerry.com/signup/
Jerry shops and compares rates from 40+ insurance companies to get you the best coverage! And when you do find the policy that's right for you, we'll handle all the paperwork to help you switch and even get you a refund on your old policy. But Jerry doesn't stop there! We'll also monitor your rates and regularly check to make sure you're still getting the best deal. https://getjerry.com/signup/
We're an AI-powered personal concierge that makes car ownership a breeze. And with our recent addition of home and rental insurance, we are obsessed with keeping our customers protected and saving them money! Just check out our 4.7 rating in the app store! https://getjerry.com/signup/
“I paid $205 for insurance with GEICO, and really was unhappy with them. I stayed with them so long because I couldn’t find it in me to go through the agony of comparing companies. The Penny Hoarder gave Jerry a great review and I am so happy I gave them a try!” — M. Swatt
“Jerry took care of everything, even canceling my old policy and getting me a refund!” — S.C.
“Saved $600 a year. Every 6 months Jerry automatically checks rates again.” — B.D.
“It has better pricing than going directly to the Insurance Company. I have used Jerry for two policies now.” — Dave M.
“I downloaded 3 insurance searching apps and Jerry was the best one by far. Easy. Accurate. Great customer service!” — Kyerra S.
-------
When you buy car insurance, most carriers will give you multiple options for how to pay for your policy — monthly, every six months, or paying for an entire year.
Paying monthly may seem like the cheaper option upfront, but it's almost always the most expensive way to pay for car insurance!
Even though it's more money upfront, you'll save money if you can pay for the year or for half a year when you buy car insurance. Those longer-term policies usually come out to be cheaper than paying a monthly rate for the same amount of time. That's because you'll avoid fees that come with the payments.
Some drivers think they should pay for their policy monthly to make it easier to switch. But I have good news — Jerry will not only help you switch car insurance, we'll also get you a refund for whatever time remains from your previous policy. So go ahead and pay for the longer term!
https://wn.com/Paying_Monthly_Vs._Yearly_For_Insurance_Explained_|_Car_Insurance_101
There's a common perception that paying for your car insurance monthly is the cheaper option. But is this true? Dom from Jerry has the answer.
------
Looking for an easy way to save a ton of money on car insurance? Jerry is the personal insurance shopper that's saving our members over $800 a year on average! Plus it's super easy to use. We do all the paperwork and even cancel your old insurance and get you a refund when you switch! Compare insurance rates in under 45 seconds to find the policy that's right for you: https://getjerry.com/signup
------
Subscribe to Jerry for the best info for car owners: https://www.youtube.com/channel/UC-8F...
Follow us on Instagram to meet a few of the people who saved hundreds of dollars a year with our app: https://www.instagram.com/thejerryapp/
Check us out on Facebook to learn more about how to get cheap car insurance: https://www.facebook.com/thejerryapp/
Follow us on Twitter to keep up with our insurance content: https://twitter.com/thejerryapp
-------
At Jerry, we think owning a car should be as easy as taking a drive. Like and subscribe for videos on everything from finding cheap insurance to driving safely. Consider car insurance explained! Try us out here: https://getjerry.com/signup/
Jerry shops and compares rates from 40+ insurance companies to get you the best coverage! And when you do find the policy that's right for you, we'll handle all the paperwork to help you switch and even get you a refund on your old policy. But Jerry doesn't stop there! We'll also monitor your rates and regularly check to make sure you're still getting the best deal. https://getjerry.com/signup/
We're an AI-powered personal concierge that makes car ownership a breeze. And with our recent addition of home and rental insurance, we are obsessed with keeping our customers protected and saving them money! Just check out our 4.7 rating in the app store! https://getjerry.com/signup/
“I paid $205 for insurance with GEICO, and really was unhappy with them. I stayed with them so long because I couldn’t find it in me to go through the agony of comparing companies. The Penny Hoarder gave Jerry a great review and I am so happy I gave them a try!” — M. Swatt
“Jerry took care of everything, even canceling my old policy and getting me a refund!” — S.C.
“Saved $600 a year. Every 6 months Jerry automatically checks rates again.” — B.D.
“It has better pricing than going directly to the Insurance Company. I have used Jerry for two policies now.” — Dave M.
“I downloaded 3 insurance searching apps and Jerry was the best one by far. Easy. Accurate. Great customer service!” — Kyerra S.
-------
When you buy car insurance, most carriers will give you multiple options for how to pay for your policy — monthly, every six months, or paying for an entire year.
Paying monthly may seem like the cheaper option upfront, but it's almost always the most expensive way to pay for car insurance!
Even though it's more money upfront, you'll save money if you can pay for the year or for half a year when you buy car insurance. Those longer-term policies usually come out to be cheaper than paying a monthly rate for the same amount of time. That's because you'll avoid fees that come with the payments.
Some drivers think they should pay for their policy monthly to make it easier to switch. But I have good news — Jerry will not only help you switch car insurance, we'll also get you a refund for whatever time remains from your previous policy. So go ahead and pay for the longer term!
- published: 09 Oct 2020
- views: 4082
4:40
Car Insurance Monthly or Yearly ★ How to Get the Best Auto Insurance Rate
Car Insurance Monthly or Yearly; How to Get the Best Auto Insurance Rate. ✅Here’s the free service we use to get cheaper car insurance (toll free): 1-855- 981-7...
Car Insurance Monthly or Yearly; How to Get the Best Auto Insurance Rate. ✅Here’s the free service we use to get cheaper car insurance (toll free): 1-855- 981-7528. It’s a free by phone service that specializes in locating the cheapest car insurance rates. They perform the tedious task of shopping around, and present you with the cheapest auto insurance provider for your location. We call this service every year before our auto insurance expires. It allows us to discover whether there is a cheaper vehicle insurance rate than ours, and has saved us lots of money over the years.
Here are some of the topics covered in this video: Should you pay for your car insurance yearly or monthly? The average cost of car insurance per month will depend on a number of different important factors. How much I pay for insurance on my older car by year or by month, there's a common perception that paying for your car insurance monthly is the cheaper option, can you pay car insurance quarterly? For more ways to save on your car insurance rates, see here: https://www.bizmove.com/auto-car-insurance/
https://wn.com/Car_Insurance_Monthly_Or_Yearly_★_How_To_Get_The_Best_Auto_Insurance_Rate
Car Insurance Monthly or Yearly; How to Get the Best Auto Insurance Rate. ✅Here’s the free service we use to get cheaper car insurance (toll free): 1-855- 981-7528. It’s a free by phone service that specializes in locating the cheapest car insurance rates. They perform the tedious task of shopping around, and present you with the cheapest auto insurance provider for your location. We call this service every year before our auto insurance expires. It allows us to discover whether there is a cheaper vehicle insurance rate than ours, and has saved us lots of money over the years.
Here are some of the topics covered in this video: Should you pay for your car insurance yearly or monthly? The average cost of car insurance per month will depend on a number of different important factors. How much I pay for insurance on my older car by year or by month, there's a common perception that paying for your car insurance monthly is the cheaper option, can you pay car insurance quarterly? For more ways to save on your car insurance rates, see here: https://www.bizmove.com/auto-car-insurance/
- published: 24 Mar 2020
- views: 1892
2:00
Should You Pay Your Insurance Monthly or Annually?
The question comes to me often. Should you pay your insurance premiums annually or more frequently, such as monthly?
With many companies, there is a significan...
The question comes to me often. Should you pay your insurance premiums annually or more frequently, such as monthly?
With many companies, there is a significant premium difference - 5 to 10% in some cases - between the annual premium and the total of 12 months of monthly premium. Companies do this due to increased service costs of handling monthly checks and due to the fact that they can't use all of your money to invest in their general account. They have to wait for you to pay each month.
However some companies now offer very little cost difference between an annual premium and a monthly premium paid automatically via electronic funds transfer ("EFT"). In this case going monthly would be fine.
Either way, I like the 80/20 time saving idea of setting it on auto pilot - auto monthly, or auto annually (or quarterly etc) however you decide to pay.
And I like the 80/20 money saving idea of paying 5-10% less on your premium especially since, unlike the 1980s, you're not going to earn more than that in the bank.
Side note - this was often also the reason people chose not to escrow their property taxes and home owners insurance because they got earn more if their money were in their bank account earning interest - in the 80s! not anymore.
If you liked the video let me know and if you want to see other topics discussed, share them in the comments section.
Thanks for watching.
Remember to 80/20 Your Money (and your entire life!)
Warmly,
Chris Grande
http://chrisgrande.com/
Belmont, MA and Marin County, CA
Schedule a call/video call:
http://wha.setmore.com/
Note:
My articles and videos are meant to be educational and not specific advice. I assume my readers are big boys/girls and understand that, but in today’s climate I have to tell everyone again anyways – people might do something dumb and go hurt themselves! (like stick a fork in an electric socket or something – don’t do that!). Consult a qualified advisor before attempting financial strategies that you don't fully understand.
https://wn.com/Should_You_Pay_Your_Insurance_Monthly_Or_Annually
The question comes to me often. Should you pay your insurance premiums annually or more frequently, such as monthly?
With many companies, there is a significant premium difference - 5 to 10% in some cases - between the annual premium and the total of 12 months of monthly premium. Companies do this due to increased service costs of handling monthly checks and due to the fact that they can't use all of your money to invest in their general account. They have to wait for you to pay each month.
However some companies now offer very little cost difference between an annual premium and a monthly premium paid automatically via electronic funds transfer ("EFT"). In this case going monthly would be fine.
Either way, I like the 80/20 time saving idea of setting it on auto pilot - auto monthly, or auto annually (or quarterly etc) however you decide to pay.
And I like the 80/20 money saving idea of paying 5-10% less on your premium especially since, unlike the 1980s, you're not going to earn more than that in the bank.
Side note - this was often also the reason people chose not to escrow their property taxes and home owners insurance because they got earn more if their money were in their bank account earning interest - in the 80s! not anymore.
If you liked the video let me know and if you want to see other topics discussed, share them in the comments section.
Thanks for watching.
Remember to 80/20 Your Money (and your entire life!)
Warmly,
Chris Grande
http://chrisgrande.com/
Belmont, MA and Marin County, CA
Schedule a call/video call:
http://wha.setmore.com/
Note:
My articles and videos are meant to be educational and not specific advice. I assume my readers are big boys/girls and understand that, but in today’s climate I have to tell everyone again anyways – people might do something dumb and go hurt themselves! (like stick a fork in an electric socket or something – don’t do that!). Consult a qualified advisor before attempting financial strategies that you don't fully understand.
- published: 03 Jan 2017
- views: 3620
4:49
How Much Car Insurance Do I Actually Need?
How Much Car Insurance Do I Actually Need?
Feel like you're paying too much for car insurance? https://bit.ly/2RdGlBa
Get a FREE trial of our life-changing Fi...
How Much Car Insurance Do I Actually Need?
Feel like you're paying too much for car insurance? https://bit.ly/2RdGlBa
Get a FREE trial of our life-changing Financial Peace University today: https://bit.ly/3dI2MF3
Visit the Dave Ramsey store today for resources to help you take control of your money! https://goo.gl/gEv6Tj
Ramsey Solutions YouTube Channels (Subscribe Now!)
• The Dave Ramsey Show (Highlights): https://www.youtube.com/c/TheDaveRamseyShow?sub_confirmation=1
• The Dave Ramsey Show (Live): https://www.youtube.com/thedaveramseyshowlive?sub_confirmation=1
• The Rachel Cruze Show: https://www.youtube.com/user/RachelCruze?sub_confirmation=1
• The Ken Coleman Show: https://www.youtube.com/c/TheKenColemanShow?sub_confirmation=1
• Christy Wright: https://www.youtube.com/c/ChristyWright?sub_confirmation=1
• Anthony ONeal: https://www.youtube.com/user/aonealministries?sub_confirmation=1
• EntreLeadership: https://www.youtube.com/c/entreleadership?sub_confirmation=1
Did you miss the latest Ramsey Show episode? Don’t worry—we’ve got you covered! Get all the highlights you missed plus some of the best moments from the show. Watch debt-free screams, Dave Rants, guest interviews, and more!
Want to watch FULL episodes of The Ramsey Show? Make sure to go to The Ramsey Show (Full Episodes) at: https://www.youtube.com/c/TheRamseyShowEpisodes?sub_confirmation=1
Check out the show at 4pm EST Monday-Friday or anytime on demand. Dave Ramsey and his co-hosts talking about money, careers, relationships, and how they impact your life. Tune in to The Ramsey Show and experience one of the most popular talk radio shows in the country!
Ramsey Network (Subscribe Now!)
• The Ramsey Show (Highlights):
https://www.youtube.com/c/TheRamseyShow?sub_confirmation=1
• The Ramsey Show (Full Episodes): https://www.youtube.com/c/TheRamseyShowEpisodes?sub_confirmation=1
• The Dr. John Delony Show: https://www.youtube.com/c/JohnDelony?sub_confirmation=1
• The Rachel Cruze Show: https://www.youtube.com/user/RachelCruze?sub_confirmation=1
• Anthony ONeal: https://www.youtube.com/user/aonealministries?sub_confirmation=1
• The Ken Coleman Show: https://www.youtube.com/c/TheKenColemanShow?sub_confirmation=1
• The Christy Wright Show: https://www.youtube.com/c/ChristyWright?sub_confirmation=1
• EntreLeadership: https://www.youtube.com/c/entreleadership?sub_confirmation=1
https://wn.com/How_Much_Car_Insurance_Do_I_Actually_Need
How Much Car Insurance Do I Actually Need?
Feel like you're paying too much for car insurance? https://bit.ly/2RdGlBa
Get a FREE trial of our life-changing Financial Peace University today: https://bit.ly/3dI2MF3
Visit the Dave Ramsey store today for resources to help you take control of your money! https://goo.gl/gEv6Tj
Ramsey Solutions YouTube Channels (Subscribe Now!)
• The Dave Ramsey Show (Highlights): https://www.youtube.com/c/TheDaveRamseyShow?sub_confirmation=1
• The Dave Ramsey Show (Live): https://www.youtube.com/thedaveramseyshowlive?sub_confirmation=1
• The Rachel Cruze Show: https://www.youtube.com/user/RachelCruze?sub_confirmation=1
• The Ken Coleman Show: https://www.youtube.com/c/TheKenColemanShow?sub_confirmation=1
• Christy Wright: https://www.youtube.com/c/ChristyWright?sub_confirmation=1
• Anthony ONeal: https://www.youtube.com/user/aonealministries?sub_confirmation=1
• EntreLeadership: https://www.youtube.com/c/entreleadership?sub_confirmation=1
Did you miss the latest Ramsey Show episode? Don’t worry—we’ve got you covered! Get all the highlights you missed plus some of the best moments from the show. Watch debt-free screams, Dave Rants, guest interviews, and more!
Want to watch FULL episodes of The Ramsey Show? Make sure to go to The Ramsey Show (Full Episodes) at: https://www.youtube.com/c/TheRamseyShowEpisodes?sub_confirmation=1
Check out the show at 4pm EST Monday-Friday or anytime on demand. Dave Ramsey and his co-hosts talking about money, careers, relationships, and how they impact your life. Tune in to The Ramsey Show and experience one of the most popular talk radio shows in the country!
Ramsey Network (Subscribe Now!)
• The Ramsey Show (Highlights):
https://www.youtube.com/c/TheRamseyShow?sub_confirmation=1
• The Ramsey Show (Full Episodes): https://www.youtube.com/c/TheRamseyShowEpisodes?sub_confirmation=1
• The Dr. John Delony Show: https://www.youtube.com/c/JohnDelony?sub_confirmation=1
• The Rachel Cruze Show: https://www.youtube.com/user/RachelCruze?sub_confirmation=1
• Anthony ONeal: https://www.youtube.com/user/aonealministries?sub_confirmation=1
• The Ken Coleman Show: https://www.youtube.com/c/TheKenColemanShow?sub_confirmation=1
• The Christy Wright Show: https://www.youtube.com/c/ChristyWright?sub_confirmation=1
• EntreLeadership: https://www.youtube.com/c/entreleadership?sub_confirmation=1
- published: 28 Dec 2019
- views: 258527
4:16
HOW MUCH DO I PAY FOR MY CAR + INSURANCE
My 2018 Honda Accord.
Sorry for the background noise.
My 2018 Honda Accord.
Sorry for the background noise.
https://wn.com/How_Much_Do_I_Pay_For_My_Car_Insurance
My 2018 Honda Accord.
Sorry for the background noise.
- published: 14 Oct 2018
- views: 7107
8:15
How much does car insurance cost and how can you lower your rates
#insurance #carinsurance
Get your FREE Quote: https://bit.ly/3mkZvjJ
Life insurance quote: https://bit.ly/bestquotelife
Available in Virginia, Michigan, In...
#insurance #carinsurance
Get your FREE Quote: https://bit.ly/3mkZvjJ
Life insurance quote: https://bit.ly/bestquotelife
Available in Virginia, Michigan, Indiana, New York, and Ohio
—————————————————————————
Follow Think Insurance for more savings
—————————————————————————
Subscribe to Think Insurance: http://bit.ly/2O3d7DC
Buy me a coffee: http://bit.ly/3u3x64u
Check out my website: http://bit.ly/39sGvuv
—————————————————————————
Popular and Related Videos
—————————————————————————
Top insurance companies in 2021? https://youtu.be/_-RgQa36ASc
Understanding car insurance 101: https://youtu.be/q6ztnQLLZkg
11 Ways to get cheaper car insurance: https://youtu.be/IRi5Z7pp1K4
Best Insurance for young drivers: https://youtu.be/jkbTFxoFzU4
Understanding home insurance 101: https://youtube.com/playlist?list=PL2HC7y6IEhFTlpEtgE6_CZC9CiVjlplHI
—————————————————————————
Think Insurance on Social Media
—————————————————————————
Facebook: https://www.facebook.com/thinkinsuranceguide
Instagram: https://www.instagram.com/thinkinsuranceguide
—————————————————————————
Think Insurance Legal
—————————————————————————
DISCLAIMER:
Please consult your agent before making any changes you feel you are not knowledgeable with. Due that the laws being different in each state, I am not responsible for any changes or updates that may have occurred after the making of this video.
This video and description contain affiliate links, which means that if you click on one of the product links, I will receive a small commission. This helps support the channel and allows me to continue to make videos like this. Thank you for the support! Car insurance advice, car insurance, auto insurance, home insurance, homeowner’s insurance
https://wn.com/How_Much_Does_Car_Insurance_Cost_And_How_Can_You_Lower_Your_Rates
#insurance #carinsurance
Get your FREE Quote: https://bit.ly/3mkZvjJ
Life insurance quote: https://bit.ly/bestquotelife
Available in Virginia, Michigan, Indiana, New York, and Ohio
—————————————————————————
Follow Think Insurance for more savings
—————————————————————————
Subscribe to Think Insurance: http://bit.ly/2O3d7DC
Buy me a coffee: http://bit.ly/3u3x64u
Check out my website: http://bit.ly/39sGvuv
—————————————————————————
Popular and Related Videos
—————————————————————————
Top insurance companies in 2021? https://youtu.be/_-RgQa36ASc
Understanding car insurance 101: https://youtu.be/q6ztnQLLZkg
11 Ways to get cheaper car insurance: https://youtu.be/IRi5Z7pp1K4
Best Insurance for young drivers: https://youtu.be/jkbTFxoFzU4
Understanding home insurance 101: https://youtube.com/playlist?list=PL2HC7y6IEhFTlpEtgE6_CZC9CiVjlplHI
—————————————————————————
Think Insurance on Social Media
—————————————————————————
Facebook: https://www.facebook.com/thinkinsuranceguide
Instagram: https://www.instagram.com/thinkinsuranceguide
—————————————————————————
Think Insurance Legal
—————————————————————————
DISCLAIMER:
Please consult your agent before making any changes you feel you are not knowledgeable with. Due that the laws being different in each state, I am not responsible for any changes or updates that may have occurred after the making of this video.
This video and description contain affiliate links, which means that if you click on one of the product links, I will receive a small commission. This helps support the channel and allows me to continue to make videos like this. Thank you for the support! Car insurance advice, car insurance, auto insurance, home insurance, homeowner’s insurance
- published: 12 Jun 2022
- views: 5913
8:26
Financial Traps: Should You Buy, Lease or Finance a New Car
Purchasing a car is often considered one of the most significant investments individuals make during their lifetime. Buying your first car as a young person can...
Purchasing a car is often considered one of the most significant investments individuals make during their lifetime. Buying your first car as a young person can be daunting, especially when you're a student or just starting your career. There are numerous pitfalls and confusing terms that you'll need to steer. The lease/installment model for buying cars has become quite popular, with multiple manufacturers and even second-hand car dealers providing interest-free options.
Hello guys, welcome back to the channel. Understanding the financial implications of buying, leasing, or financing is crucial to avoid falling into common traps that can impact your budget in the long run. In this video, we'll explore the pros and cons of each option to help you make an informed decision and avoid the financial traps. So, let's get started.
https://wn.com/Financial_Traps_Should_You_Buy,_Lease_Or_Finance_A_New_Car
Purchasing a car is often considered one of the most significant investments individuals make during their lifetime. Buying your first car as a young person can be daunting, especially when you're a student or just starting your career. There are numerous pitfalls and confusing terms that you'll need to steer. The lease/installment model for buying cars has become quite popular, with multiple manufacturers and even second-hand car dealers providing interest-free options.
Hello guys, welcome back to the channel. Understanding the financial implications of buying, leasing, or financing is crucial to avoid falling into common traps that can impact your budget in the long run. In this video, we'll explore the pros and cons of each option to help you make an informed decision and avoid the financial traps. So, let's get started.
- published: 14 Feb 2024
- views: 660
2:25
Should I Purchase A 6- or 12-month Car Insurance Policy?
In this video, we break down the difference between purchasing a 6-month and 12-month policy and what to consider before you buy. Visit https://www.answerfinanc...
In this video, we break down the difference between purchasing a 6-month and 12-month policy and what to consider before you buy. Visit https://www.answerfinancial.com/ and experience the smart way to compare, buy and save on car insurance.
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We've been asked many times if there are substantial benefits to purchasing a 12-month auto insurance policy upfront versus renewing a policy every six months.
There can be certain advantages to each approach since car insurance rates vary depending on several different factors, including time. So let's get to the breakdown:
Advantages of purchasing a 12-month policy upfront:
➤ Your insurance rates will be locked in for that 12 month period. If rates increase during that time, you will enjoy the benefits of a lower rate.
➤ You will only have to pay a single bill for the entire year. There's less of a chance that you'll forget to make a payment.
➤ If you receive a ticket midway through the year, your rate won't change until your next yearly billing cycle.
➤ You'll have fewer transactions, which may mean fewer processing fees.
Advantages of purchasing a six-month policy:
➤ If you have a point on your license for an infraction that's due to fall off your record within a year, your second six-month premium will likely be lower than your first six-month premium.
➤ Renewing your policy on a more frequent basis provides additional opportunities for you to reevaluate your insurance needs. Perhaps you can find a lower rate from another provider. If you don't have enough to pay for a full year's premium, splitting it up into payments every six months may be better. Again, if you pay only twice a year, you may avoid processing fees that your insurer charges to run your credit card once a month.
Advantages of paying every month (usually only applicable if you have good credit and are considered low risk):
➤ It may be easier to budget for as you will be spreading your payments out.
➤ It may be easier to switch auto insurance companies if you're paying monthly rather than having to wait for a refund on what remains on your 6 or 12-month payment.
If you're a good driver and don't have any infractions, you may find that a 12-month policy suits your needs, whether you choose to pay a lump sum upfront or pay a monthly bill.
On the other hand, if your driving record is due to become clean within six months, you may want to consider choosing a 6-month policy and evaluate your options after your driving record is clear again. You'll also be glad when you're not getting charged processing fees that can add up over time.
Visit https://www.answerfinancial.com/ or call us at 1-866-635-7777 to determine your options. It's the smart way to compare, shop and buy auto insurance.
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LinkedIn: https://www.linkedin.com/company/answer-financial
https://wn.com/Should_I_Purchase_A_6_Or_12_Month_Car_Insurance_Policy
In this video, we break down the difference between purchasing a 6-month and 12-month policy and what to consider before you buy. Visit https://www.answerfinancial.com/ and experience the smart way to compare, buy and save on car insurance.
*************
We've been asked many times if there are substantial benefits to purchasing a 12-month auto insurance policy upfront versus renewing a policy every six months.
There can be certain advantages to each approach since car insurance rates vary depending on several different factors, including time. So let's get to the breakdown:
Advantages of purchasing a 12-month policy upfront:
➤ Your insurance rates will be locked in for that 12 month period. If rates increase during that time, you will enjoy the benefits of a lower rate.
➤ You will only have to pay a single bill for the entire year. There's less of a chance that you'll forget to make a payment.
➤ If you receive a ticket midway through the year, your rate won't change until your next yearly billing cycle.
➤ You'll have fewer transactions, which may mean fewer processing fees.
Advantages of purchasing a six-month policy:
➤ If you have a point on your license for an infraction that's due to fall off your record within a year, your second six-month premium will likely be lower than your first six-month premium.
➤ Renewing your policy on a more frequent basis provides additional opportunities for you to reevaluate your insurance needs. Perhaps you can find a lower rate from another provider. If you don't have enough to pay for a full year's premium, splitting it up into payments every six months may be better. Again, if you pay only twice a year, you may avoid processing fees that your insurer charges to run your credit card once a month.
Advantages of paying every month (usually only applicable if you have good credit and are considered low risk):
➤ It may be easier to budget for as you will be spreading your payments out.
➤ It may be easier to switch auto insurance companies if you're paying monthly rather than having to wait for a refund on what remains on your 6 or 12-month payment.
If you're a good driver and don't have any infractions, you may find that a 12-month policy suits your needs, whether you choose to pay a lump sum upfront or pay a monthly bill.
On the other hand, if your driving record is due to become clean within six months, you may want to consider choosing a 6-month policy and evaluate your options after your driving record is clear again. You'll also be glad when you're not getting charged processing fees that can add up over time.
Visit https://www.answerfinancial.com/ or call us at 1-866-635-7777 to determine your options. It's the smart way to compare, shop and buy auto insurance.
*************
Follow Us!
Facebook: https://www.facebook.com/AnswerFinancial
LinkedIn: https://www.linkedin.com/company/answer-financial
- published: 10 Mar 2021
- views: 1072