Seattle, WA (WiredPRNews.com) The laws for almost all motorists requires that they must maintain an auto insurance policy in order drive an automobile legally; unfortunately, in certain states and for some drivers, the premium for insuring a vehicle can become extremely expensive in some cases almost unaffordable. Paying a big lump sum for coverage is not an option for many consumers, therefore the best bet to keep policies manageable is to locate a carrier that will provide a policy with little down and continue coverage by making monthly installments.
Particular motorists will be paying quite a bit for automobile polices whether it is because of their driving record, age, vehicle or simply need more extensive protection to cover risks and protect assets; since coverage under these circumstance can be costly, locating the most affordable carriers is their best option and paying monthly can make staying insured a bit lighter on the wallet. Using the services of comparison websites such as OnlineAutoInsurance.com may help consumers locate insurers who offer low down payment auto insurance and allow policyholder to pay on a month to month basis.
Making auto insurance payments monthly may not only be more manageable, but may help motorists avoid penalties for driving uninsured which can be quite steep and in some cases cost more than a policy. In the state of Washington, if a driver is pulled over by a law enforcement officer and does not have insurance they can receive a $450 fine and a public safety and education assessment of 70% of the fine can be added on, totaling $765; this money would be much better spent on coverage.
Paying for coverage in installments also gives policyholder more flexibility if and when they choose to switch carriers. It is always a good idea to periodically shop around to see if a cheaper rate is available by another insurer; if a cheaper rate is found then the insured can easily switch providers without being out of the money that they paid their old company if they paid their premium in full. Although paying premiums up front can provide benefits such as reduced premiums and discounts, not everyone has that option and installment plans can be a helpful alternative.