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What's an installment payment service fee?

Some insurance companies charge a fee for each monthly payment if you do not pay in full for the policy.

An installment payment service fee usually covers the cost of processing your payment on a monthly basis. To avoid paying this monthly service fee, you can pay in full when you buy your auto insurance policy.

With CarInsurance.com you can always make payments on your policy. The only exception is when the state requires a paid in full policy (some SR-22 policies).


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1 Responses to "What's an installment payment service fee?"
  1. Anonymous

    It is not really telling me if its possible to pay for car insurance monthly.