Any installment for my new car premiums ?

by Guest » Wed Dec 06, 2006 06:04 am
Guest

Hi, I've just got my own car. Can anyone suggest a way out where I may achieve a good insurance coverage and pay the premiums through installments ? thanks, Thomas Hardy

Total Comments: 4

Posted: Wed Dec 06, 2006 06:40 am Post Subject:

Yes, you may always avail some monthly plans towards paying your premiums. These services are mainly offered by major insurers at a billing fee worth $5.00 a month or $60 per year. But just make sure that you go through the documentation carefully before signing for such a program and perfectly know the costs associated with them.
regards, Sasha T.

Posted: Wed Dec 06, 2006 06:56 am Post Subject:

hey there!
Why don't you consult an agent and go for premium financing agreement ?
In such a case, your premiums would be reimbursed by a third party. Make sure that the premium gets paid directly to the company whose name appears in the agreement. Otherwise it may so happen that in the due course of time you might just discover that money never got out of your producer's pocket to reach the other company!
Beware of insurance fraud.
fatman

Posted: Wed Dec 06, 2006 07:19 am Post Subject:

Hi! Yes I agree to all that have been mentioned above...like you need to be cautious of any such document which seems retyped or a bit unprofessional at the first glance. Apart from that you should also take a call as to whether you need to opt for a policy which has not reached you within a said timeframe or incase the agent keeps on delaying it for over a period of time. Hope you got it. MedvedevYankee02

Posted: Wed Dec 06, 2006 07:57 am Post Subject:

Dear Mr. Hardy,
I do firmly believe that these are pretty delicate issues referring to your household finances. So I'd rather suggest you to hold back till you get a vivid picture of such plans from the state insurance dept.
Thanking you, Evan T. Smith.

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