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If you would like it to continue then you should make the next monthly payment.

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Q: What happen when you pay off your monthly car insurance?
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The benefit of term life insurance is that once the life insurance is completely paid off, then the monthly premium are paid off by the dividends. People can also borrow from their life insurance.


When you should stop paying the bank for the monthly payment of your new car after totaled?

Unless you had insurance that covered the difference between what was owed and the value of the car--and paid it to the bank--you are still liable to pay off the loan. The amount you owe is not based on the relative state of the car.


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If the car is paid off, then only liability insurance is needed. If it is not, then you will need a full insurance coverage plan.


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You must have auto insurance before you drive the car off the dealer's lot.


If you buy a used car cash do you have to have insurance to take the car off the lot?

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Can I pay an extra monthly car payment to speed up the pay-off, like on my mortgage?

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Can you pay half of your car insurance and then pay the rest off monthly?

Generally insurance companies don't really mind how you pay as long as you pay. That's a little of a joke. I own an independent agency and from my experience you probably would be better off setting up a monthly payment plan and then pay whatever amount you want when you wish. Each month they will bill you for a minimum payment but also list the balance and you will save the service charges if you pay it off early.


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Does paying off your car help your credit score?

To pay off debt yes, to make monthly payments no.


Do you still have to pay your car insurance if your car is off the road?

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You need insurance the very moment you drive the car off the lot.