SecureMotors

Guides / Discounts

Paying in full vs. monthly

Installment fees, pay-in-full discounts and how to compare.

3 min read

Many insurers charge installment fees for monthly payments, offer a discount for paying the whole term up front, or both.

How to compare

  1. Ask for the total cost of the term paid monthly, including fees.
  2. Ask for the pay-in-full price.
  3. The difference is what monthly payment convenience costs you.

Educational information, not insurance advice. Discounts and rules vary by state and insurer; ask your insurer about your policy. Secure Motors is not an insurer, agent or broker and takes no commissions.