Car insurance premiums can be pricey. However, if you pay them all at once, you could end up paying less overall.
If you are paying your car insurance premiums monthly and are able to deal with a big lump sum, you may want to talk to your insurance provider to see if there are discounts for paying all at once. Many insurance companies charge an extra fee of up to $10 per bill for paying month-to-month premiums. That’s $120 you could be spending elsewhere!