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Lunner
27-02-2006, 20:25
If you pay monthly do you have to make a larger 1st payment, or is it split into 12 equal payments?

Always paid for my insurance up front

1fast6
27-02-2006, 20:34
think so yeah. Monthly always works out to be a bit more than a lump sum.

Lunner
27-02-2006, 20:48
i know, but i haven't got the lump sum till i shift my car and get the rest of my insurance back from that

FATBOY
27-02-2006, 20:54
basically with mine its like this!

my renewal was due on the 14th so sorted that out and had to pay 20% deposit, then 30 days after that date 14th march i pay my first installment. then 14/15 days after (mine always goes out on the 30th of each month) i pay another installment and then its into the pattern of being the 30th each month for another 11 months!

big hp
27-02-2006, 20:55
Normally pay a lump sum equivelent to 2 months payments then the rest split over 11 months.