September 13, 2010

Ways To Pay For Online Car Insurance Premiums

There are several ways to pay for auto insurance online. It depends on the company that you are purchasing the car insurance from. Many companies offer several payment methods to pay your auto insurance premiums such as: credit card, debit card, electronic check, other online payment companies, and even mailing payment to the company. Your first payment will likely have to be paid through credit card or electronic check. Most companies allow this to provide you with instantaneous coverage.

Many people are concerned about paying their auto insurance online. However over the years it has become much safer to pay your bills over the Internet. If you are still concerned simply go out and purchase a prepaid credit card. This will allow you the freedom of paying auto insurance premiums without the concern of having to give your private banking information. You can also register with one of the trusted online payment companies.

Credit card is not the only way to purchase and pay for auto insurance online. Many companies offer payment through the mail once the initial payment has been made. You can simply contact them and request a mailing address. The down side to this is that you will have to pay the price of a stamp to mail payment for auto insurance online. You will have to mail the payment at least a week in advance to ensure that it will be there by the payment date. If you decide to use the U.S. Postal Service it is a good idea to call the auto insurance online company and inform them that you have sent your payment.

There is another form of payment that companies except. You can send payment through a local company that offers the ability to send money instantly such as Western Union or Money Gram. These companies charge you a fee to be able to send your money instantly. This is usually recommended either for the first payment or a payment that needs to be paid on the due date exactly. The most recommended way to pay for auto insurance online is through programs a company provides such as auto pay. With this program is simply provide your credit card information to the company and they automatically deduct the premiums from your credit card on the due date. This is the simplest way to make payments. You just need to have the money on your card by the due date. Many auto insurance companies provide discounts for this form of payment. You can receive up to 15% off your auto insurance premiums.