Insurance monthly or annually?

[FlameR]

I paid mine for the year last time, but due to not having enough money at the mo to pay it off in one, I think I will have to pay monthly. Do insurance companies charge much more for paying monthly with a direct debit?? I'm with Bell if that helps?

Cheers

 

[sav]

yeah i think they do :dapprove:

 

[Dcds4]

yeah i stuck mine on a credit card with 9 months 0% to save paying the extra

 

[FlameR]

balls. how much extra does anyone know? I've got about 2 weeks until it runs out which is prob just enough time to take out a credit card with about 12 months interest free on it

 

[len_beach]

My proposed premium with Flux this year went down by £10 a year but went up by £10 a month as the interest went from 19.9 to 39.9%. Feck that.

 

[xcore]

what about taking out a loan to pay off lump some then paying that back monthly as it might be cheaper to pay off

 

[cat171]

Some don't charge any extra, but I guess that they are the ones who want more in the first place.

 

[Dcds4]

cheaper than 0% on purchases on a cc?

 

[Sarah]

i pay monthly

 

[Jaff]

it really depends on the insurer but ive found its upto 25% extra depending on all the other crap associated with insurance,
for examply my 1.2 dynamique, valued £5k, mileage 10,000ish, ages 20 i years experence fulltime emplyed, garaged, no points and an unsettled claim, fully comp cheapest i could get £1306 all in. pay monthly £1652,
but my dad is a completly different story.
he has a £2k 1.6 laguna sport, same post coded, full time employed, on the drive, age 50, 20,000 a year. fully comp from the same company £273 all in, pay montly £278.

 

[bmh.01]

I'm going to apply for a CC with 0% for as long as possible and put it on that next year, they I can avoid paying ~20% extra for bloody monthly payments.

 

[Richs172]

Virgin Money don't charge intrest on people paying monthly

 

[The Hoff]

Most people will charge extra as you're basically taking out a credit agreement (usually Amber Credit) of which you'll pay around 10% APR, and usually they'll scratch off any discount you'd get normally too.

Basically works out £200 dearer on a policy of about £700.

 

[Oggy997]

Tesco charge near 20% extra.

Ive paid all 3 payments up in full.

 

[clioman]

directline dont charge any more.

 

[clioman]

IGNORE THAT, JUST DONE MY RENEWAL AND THEY DO.

I could have sworn on my last info from them it said no more.

 

[miltage2]

robbing b******s!

 

[Acejon]

IGNORE THAT, JUST DONE MY RENEWAL AND THEY DO.

I could have sworn on my last info from them it said no more.

I saw that a couple of weeks ago too. Typical as I'm renewing at the end of the month...