This simple trick could help you save hundreds of dollars per year!
Most people pay month to month for their auto insurance. You probably do as well… you probably didn’t even know you had another option.
Most car insurance companies will also let you pay your entire insurance bill at a steep 20-30% discount if you do it all at once and not month to month. They don’t advertise this because the can make considerably more when you pay month to month.
That means if you pay $140 a month, you could easily be paying $110 a month instead. That’s another $360 dollars in your pocket you can put to work making money for you.
In my mind, every dollar saved is a dollar earned. Especially for things like auto insurance which your required to carry if you drive on public roads. The above example is for my auto insurance.
It’s good to note that not all car insurance companies do this- but it’s a common practice and you should check with your insurer to see if you could be saving money.