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Monthly Car Insurance Payments in Ohio
There are four ways to pay for your auto insurance premium; paying in full, quarterly, and semi-annually or monthly. A large percentage of Ohioans elect to pay their auto insurance premium on monthly bases. Brief characteristic of paying your auto insurance:
Auto Insurance companies may require 25% down and the rest of the premium is spread over the duration of the auto insurance term.
This will depend on the total amount of your annual premium.
Most auto insurance companies in Ohio charge a nominal fee to collect the monthly auto insurance premium to assist with the administrative expense
Ohio consumers should pick the automatic bill feature as you have a small window to pay your bill. If you do not pay your bill, the auto insurance company has the right to cancel your policy for non-payment.
Ask your auto insurance agent or broker regarding your payment options.
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