Forums
New posts
Search forums
What's new
New posts
New profile posts
Latest activity
Internet Search
Members
Current visitors
New profile posts
Search profile posts
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Forums
General Discussions
The Watercooler
Car insurance craziness
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="SRL" data-source="post: 163966" data-attributes="member: 701"><p>I think the insurance charges the fee to discourage monthly and quarterly payments because it's more handling for them. I know for our homeowners there's no fee if I pay one annual payment but there is if I set it up to be two times per year. Naturally they don't pay me the interest back that they have for getting my money early.</p><p> </p><p>The one that gets me are the banks deducting immediately from your account when you write a check but not making deposits available until 2pm on the next business day...even if I'm depositing a check from one of their members. Sometimes I just go cash the payroll check at the credit union and deposit cash into checking which appears immediately.</p></blockquote><p></p>
[QUOTE="SRL, post: 163966, member: 701"] I think the insurance charges the fee to discourage monthly and quarterly payments because it's more handling for them. I know for our homeowners there's no fee if I pay one annual payment but there is if I set it up to be two times per year. Naturally they don't pay me the interest back that they have for getting my money early. The one that gets me are the banks deducting immediately from your account when you write a check but not making deposits available until 2pm on the next business day...even if I'm depositing a check from one of their members. Sometimes I just go cash the payroll check at the credit union and deposit cash into checking which appears immediately. [/QUOTE]
Insert quotes…
Verification
Post reply
Forums
General Discussions
The Watercooler
Car insurance craziness
Top