SMART WAYS TO SLASH CAR INSURANCE COMPANY FEES!

It’s a fact of life: financial businesses, including car insurance companies, often charge fees. The good news? Knowing about them can help you save money! Here are common insurance fees and simple ways you can manage or eliminate them:

• Installment / Billing Fee: Typically $2 to $12 per month.

  • Savings Tip: Pay your policy in full to eliminate this fee, or sign up for automatic payments from your bank account to significantly reduce it.

• Late Fee: Usually $5 to $10 if your payment is past due.

  • Savings Tip: Avoid this entirely by setting a payment reminder or enrolling in automatic payments.

• NSF Fee (Non-Sufficient Funds): Ranges from $20 to $30 when a bank account or debit card payment is declined.

  • Savings Tip: Make sure the funds are in your account at least a day before the due date, or consider using direct billing or credit card autopay.

• Endorsement/Change Fees: Some companies charge a small fee ($5 to $10) to process a change to your policy.

  • Savings Tip: Save money by grouping your changes! If you need to add a car and a driver, process both updates together instead of separately.

    
    

The best news? At InVision Insurance Services, you benefit from no broker fees!

Whether you're starting a new car insurance policy, making a mid-term change, or simply processing a payment, our agency will never add any extra costs to you. This commitment to no broker fees is one of the biggest ways InVision Insurance offers you exceptional value and a better, more transparent experience.