Thanks for your question! While having a great credit score will certainly help you get a lower car insurance rate, insurance companies look at credit a little differently then you may expect. Having a responsible credit payment history correlates to overall responsible behavior when it comes to driving. So having either a lot of credit or little available credit won’t impact you nearly as much as paying your monthly bills on time will. The same applies to your insurance payment.
Many insurance carriers have a paid-in-full discount, so you can save additional money if you can make your payment all at once. If you choose to pay in monthly installments, try to enroll in automatic payments using routing and account numbers instead of a debit or credit card. This can save you several dollars a month off the service fee.