answersLogoWhite

0


Best Answer

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

User Avatar

Wiki User

14y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What happen when you pay off your monthly car insurance?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is the benefit of buy term insurance?

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.


Your friend sold you his car take over paymentsHe took the car off his insurance you insured the car and then totaled it but you are not on the title Will your insurance company pay for it?

As long as you have the title that he signed off of it and you signed on and you have insurance on the vehicle it will be covered.


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.


Do I Need Full Car Insurance In Colorado?

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.


How long do you have to get auto insurance after purchasing a car?

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?

no


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

Yes, if you are paying of a car loan, there is no penalty for paying over your monthly payment. However if your monthly car payment is on a lease agreement you will have to refer to the terms of your lease as to what is allowed.


What is an insurance recovery car?

Stolen car that claim was paid off by the insurance company. The car was later recovered. Because the claim was already paid the car is owned by the insurance company and they will typically sale these at auction.


Does paying off your car help your credit score?

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


When you buy a used car in Georgia how long do you have to get insurance in Georgia?

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


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

I have taken my caroff the road for the winter. Do I still need to pay insurance


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.