Services
Insurance
Loans
Repairs
Advice
About

Can you explain what a car insurance installment fee is?

I want to avoid any extra fees and keep my car insurance bill low. Is an installment fee optional?

avatar
Shannon Martin · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
“The best way to avoid an installment fee and find extra savings on car insurance is to make your premium payment in full at the beginning of the policy.
While the paid-in-full discounts offered by most carriers are substantial, most of us can’t afford this option.
Check with your carrier to see if there is a price difference between paying by mail or enrolling in their automatic payment plan. Paying by mail tends to have the highest service fee attached to it, while enrolling in electronic funds transfer (EFT) payments can be free.
If you are unhappy with your carrier’s payment plan options, give
Jerry
a try. Jerry will shop with over 40 carriers to find you the best rates, and all the payment plan options for each carrier will be listed in the app. “
View full answer 
WHY YOU CAN TRUST JERRY
Jerry partners with more than 50 insurance companies, but our content is independently researched, written, and fact-checked by our team of editors and agents. We aren’t paid for reviews or other content.

Join 4M+ members in lowering their car insurance

Easiest way to compare and buy car insurance

√
No long forms
√
No spam or unwanted phone calls
√
Quotes from top insurance companies
Find insurance savings