Auto Insurance

For the 1st time ever, we plan to pay my auto insurance bill in a lump sum payment. We typically finance the 12 months of auto insurance thru AAA, costing us an extra $58.73 annually. Here’s the breakdown:

$1,041.73 12 months coverage
-$103.00 AAA credit for 12 years of membership
$880.00 balance due

$58.73 cost to finance payments for 9 months
$938.73 total amount paid if financed

An added benefit is that we will have one less bill to pay every month.

2 thoughts on “Auto Insurance”

  1. With us paying $137 per month for auto insurance we anxiously look forward for the day when we can pay for it in one lump sum in order to save…

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