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How much can you save if you pay car insurance in full every policy term?
I'm getting insurance for the first time. People have said you can save money by paying in full every six months. Is it really worth it? How much can I save?
Emily Maracle · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
On average, expect to save around 20%. Almost every
car insurance
company offers a paid-in-full discount
, but exactly how much you save on your premium when paying in full will depend on your provider. Don’t just choose your insurance company based off of one discount, though. Car insurance rates can vary widely from one provider to another.
The best way to determine how much you can save by paying in full is to request
car insurance quotes
. If you’d rather leave the hard work of gathering quotes to someone else, use the free Jerry
app. View full answer
- Gregory R.
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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.
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