6 MONTH AUTO POLICY FAQS
Four payment plans are available, based on your eligibility:
Full Pay – Pay the full premium in one installment. If you choose Full Pay, you’ll qualify for a paid-in-full discount
50% – Your premium is divided into two installments
Easy-Pay – Your premium is divided between the remaining months the policy is in-force and payments are automatically deducted via electronic funds transfer
Monthly – For eligible new business, the initial amount is 30% of the total term premium with the remaining premium divided over the five remaining months. For renewal business, there are six monthly installments.