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Insurance Quote Indianapolis — Choosing To Pay Your Rates On A Monthly Basis Leads To More Expensive Rates
January 17th, 2010 by admin
Electing to pay your rates on a monthly basis attracts a higher insurance quote Indianapolis than you would obtain if you decide to pay yearly. This is because sending you twelve bills by mail each month costs your insurer much.
Furthermore, each check they get attracts a transaction fees as well. They pay transaction charges twelve times instead of once yearly for monthly payments. And, believe it or not, these extra costs are ultimately added to your rates.
You will make reasonable savings if you choose to pay yearly. What you’ll save could be as much as 8.5% of your total monthly payments over the course of just a year.