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	<title>New answer on: Can I Pay My Homeowners Insurance Monthly?</title>

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		<title>By: Tom Sheehan</title>

		<link>https://www.insurancelibrary.com/home-insurance/can-i-pay-my-homeowners-insurance-monthly</link>

		<dc:creator>Tom Sheehan</dc:creator>

		<pubDate>Wed, 21 May 2014 19:43:47 +0000</pubDate>

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		<description><![CDATA[Most companies offer an array of payment options and yes, monthly is usually one of those options.  In many cases you can choose to receive a bill by mail, set up a paperless billing system that will usually include an automatic electronic funds transfer (EFT) directly from your checking account, or choose to have automatic installments charged to your bank card.]]></description>

		

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		<title>By: David Pipes</title>

		<link>https://www.insurancelibrary.com/home-insurance/can-i-pay-my-homeowners-insurance-monthly</link>

		<dc:creator>David Pipes</dc:creator>

		<pubDate>Wed, 21 May 2014 18:44:43 +0000</pubDate>

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		<description><![CDATA[Most insurance companies provide a facility to pay monthly, usually by electronic transfer of funds from a checking account or credit card.&#160; There can be misunderstandings when the premium is paid monthly because the assumption is that the premium will be paid on the first day of the policy.&#160; What can happen is a customer can miss a payment and that sends the policy into lapse, which is a terrible thing because the mortgage company can then place insurance on the house that protects their interests and might be something you wouldn’t have wanted.&#160; To top that off, you might still owe additional premium because the policy probably will remain in force for a few days while the company notifies you of the cancellation. ]]></description>

		

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		<title>By: Jim Winkler</title>

		<link>https://www.insurancelibrary.com/home-insurance/can-i-pay-my-homeowners-insurance-monthly</link>

		<dc:creator>Jim Winkler</dc:creator>

		<pubDate>Wed, 21 May 2014 18:42:50 +0000</pubDate>

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		<description><![CDATA[That is an excellent question! Most forms of insurance will allow for several payment modes. Most common are monthly, quarterly, semi-annual, and annual. If you are currently not making a monthly payment, ask your agent to switch your billing mode, they should not have a problem doing so for you. Thanks for asking!]]></description>

		

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		<title>By: Darald Novak AAI</title>

		<link>https://www.insurancelibrary.com/home-insurance/can-i-pay-my-homeowners-insurance-monthly</link>

		<dc:creator>Darald Novak AAI</dc:creator>

		<pubDate>Wed, 21 May 2014 16:26:40 +0000</pubDate>

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		<description><![CDATA[When you apply for insurance the payment method and frequency is established at inception. Many carriers offer a monthly payment and usually accept credit card, debit card, or automatic deduction from a checking or savings account. Masny carriers may allow you to change payment methods and frequency for your policy (or policies) mid-term.   Make sure the current method of payment is terminated and your new payment method is activated (especially if you change insurance carriers). Get copies of all transaction documents (authorizations, cancellation requests, cancellation acknowledgements, applications, binders etc.)  and keep them on file.]]></description>

		

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