Spectre of Pithecanthropus
05-30-2003, 06:04 PM
Why is it that insurance policies seem to have the screwiest payment schedules? In my experience I've usually had to pay every other month. Or with my current company it's a two-month down payment, followed by four monthly payments, followed by two months without payment. These last two free months, presumably, are to give me time to save for the next 6-month renewal, when another two-month payment will be expected.
So what's up with that? Since insurance tends to be the biggest expense after housing and car payments, it would be a lot more convenient for many people to have the bills come once a month, like most other things.
So what's up with that? Since insurance tends to be the biggest expense after housing and car payments, it would be a lot more convenient for many people to have the bills come once a month, like most other things.