Insurance Payment Options

Most payment options are: Cash, Check or Credit/Debit Card

When you pay your car, home or motorcycle insurance automatically out of your bank account each month there are a few things you should know.

Which ever method you choose be sure you never have your Car Insurance Cancelled for Non Payment.

  • The company will attempt to take the money the morning of the day you have it set up each month.
  • You must have the money in your account the day before – before 2pm for it to safely post for the next day – you might want to check with your bank about this.
  • No withdrawals on Sundays or Holidays when the bank is closed – it will always occur the next day.
  • If you wish to change your due date – you must make this change at least 2 weeks before you want the money deducted. Check with your agent about your company’s specific rule on this.

Policy Changes

If you make a change on your policy – for example – change cars, drivers, garaging, add a car or driver etc – all of these changes can change your monthly payment.

Typically if you make the change 3 weeks prior to your deduction the insurance company will have time to adjust your payment and send the new information to the bank.

However, if you make a change a few days or a week ahead of your payment – that next payment will not reflect your change – so it is important to stay on top of the situation and see how it effects your next payment and all future payments.

If there is a change in your payment amount the insurance company is required by law to send you your new billing information – so keep an eye on the mail for that change information.

The secret to this payment method of pay car insurance with automatic bank withdrawals is to be sure to give plenty of time (at least 10 days in advance) for any changes and plan them appropriately so as not to throw off your billing. Call us to discuss the different car insurance payment options.

Good luck!

Indian Orchard (413) 543-3800 – Forest Park (413) 781-3800