Monthly insurance instead of yearly - who does it?

[_Kenny_]

My insurance is up at the start of March but as I'm in the middle of selling the CTR, I don't want to fork out for a yearly policy.

I usually pay my yearly policy up front so if I paid it monthly instead would I be able to cancel it at any time and not have to pay the rest?

Thanks for any help.

 

[Alan]

I pay monthly mate...best ringing round a few brokers to find out if theres a charge for ending the policy early etc..

 

[_Kenny_]

Nice one matey, will do cheers

 

[DebV6]

I pay yearly, I begrudge paying extra just to pay monthly. I usually put it on an interest free credit card and pay it off over 2 or 3 months.

 

[Scaggeh]

Kenny, whether you pay annually or monthly you should still only pay for the month you use plus the cancellation fee, only difference is that you will likely pay a credit charge for doing it monthly..