During this time of year, there is an increase of auto insurance customers who pay their policy in full. This is primarily because people get their tax returns around this time of year. But the question is, how much do you really save on an auto insurance policy by paying in full? This is what I decided to do for this month's case study.
How the study was conducted
If there is any way that you can afford to come up with the full six months payment, the least amount that you're going to save is around 10%, while the most you can save can be close to 30%. In my opinion, that's a no-brainer! And this time of year is the perfect time for many of you to do so because of tax refund season.
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Dan Lyles is an Independent Insurance Agent serving Ohio, Indiana, Michigan, Pennsylvania, Virginia and West Virginia..