1. 16470 POINTS
    David Osgood
    Agent, Rural Mutual Insurance Co., Union Grove, WI
    A typical auto insurance policy term is either six months or one year. Many carriers offer several payment options for their clients. Payment terms may include monthly, quarterly, semi-annually, or annually in many cases. Be aware that carriers will many times offer discounts if you pay your premium electronically (through automatic bank draft) or by paying for the full term of the policy upfront. Contact your local agent to find out about the payment terms available with your current carrier.
    Answered on October 23, 2013
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